IBA Account Executive

The Recruiter Ltd; Chelmsford; Hybrid; GBP 30,000 - 45,000; Full time

Job summary

A leading company is looking for an IBA Account Executive to join their finance team in Chelmsford. This role involves managing client and underwriter accounts and ensuring compliance with industry standards. The ideal candidate will have experience in a similar role, demonstrating strong attention to detail and communication skills. A competitive salary and benefits package is offered, along with hybrid working options.

Benefits

Competitive salary and benefits package

Hybrid working

Qualifications

• Experience in IBA Accounts or similar role.
• Background in FCA regulated environment.

Responsibilities

• Administer and service client and underwriter accounts.
• Manage credit control and reconciliation.
• Handle queries and maintain compliance with regulations.

Skills

Attention to detail

Communication skills

Job description

IBA Account Executive

Salary: Not specified

Location: Chelmsford, Essex

Job Type: Permanent

Ref: SJP230799

We are seeking someone experienced with a Broker, Underwriter or Accounts within IBA Accounts background.

You will need good attention to detail and are able to ensure accurate and precise accounting records and reports. Able to research and deliver special projects.

Are you looking for your next challenge in, where you will be encouraged to reach your highest potential?

An opportunity has arisen within this finance team as an Insurance Broking Accounting (IBA) Accounts Executive.

You will be responsible for administering and servicing client and underwriter accounts in accordance with the Best Practice Manual and IBA procedures.

Responsibilities key to this position will include:

• Credit control (including monthly statement rendering)
• Reconciling and allocating multi-currency cash receipts
• Raising of payment requests for settlement of claims and premiums
• Resolution of queries (internal & external)
• Reconciliation of accounts
• Aged debt management, advising and reporting. Liaising with internal and external parties in settlement of accounts, so excellent communication skills.
• Ensuring legal, market, regulatory requirements are upheld.
• High technical standards are met and always maintained.
• Able to work on own autonomy, and part of a larger team.

ABOUT YOU

• Experience with a Broker, Underwriter, or Accounting in a similar role.
• Previous experience within IBA Accounts working in an FCA regulated environment.
• Good attention to detail to be able to ensure accurate and precise accounting records.

An excellent salary and benefits package offered. Hybrid working.

If you feel you may have the relevant experience and skills, have worked within an Insurance environment. Please submit your CV for further consideration. We look forward to hearing from you.

For further information please contact Su Partridge FIRP for further information.

The Recruiter Insurance Specialists are acting as a Recruitment Agency.