IBA Account Handler

The Recruiter Ltd; Southend-on-Sea; On-site; GBP 30,000 - 45,000; Full time

Job summary

An established Lloyd’s broker seeks an IBA Account Handler in Southend on Sea. Candidates need a minimum of 5 years’ experience in an IBA role with strong numerical, literacy, and communication skills. This pivotal position supports the Accounts Manager and involves managing client accounts and financial documentation effectively.

Benefits

Continuous professional education support

Opportunity for study support

Qualifications

• 5 years’ experience in an IBA role is essential.
• Ability to prioritize tasks and meet deadlines.
• Ability to execute oral and written instructions effectively.

Responsibilities

• Cash matching & allocation for accounts.
• Preparing statements for underwriters and clients.
• Chasing outstanding premiums and preparing payment runs.

Skills

Numerical skills

Literacy skills

Communication skills

Organisational skills

Time management

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Brokasure

Job description

IBA Account Handler

Salary: Not specified

Location: Southend on Sea, Essex

Job Type: Permanent

Ref: SJP230774

An established Lloyd’s broker is currently looking to recruit an IBA Accounts Handler to join their successful team. This is a well respected Lloyd’s insurance broker that prides themselves on the service they produce.

Suitable candidates for the position will already have gained 5 years’ experience in an IBA role and will be looking for a new challenge within a respected Lloyd’s broker. This is an Insurance based accounts role so an interest in working in Insurance is essential.

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.

Reporting directly to the Accounts Manager & Accounts Supervisor you will be responsible for the following duties:

• Cash Matching & Allocation
• Preparing statements for Underwriters, Clients & Third Party accounts
• Chasing outstanding premium & requesting breakdowns for un-reconciled receipts and allocating to entries once received
• Preparing payment runs for client and underwriters & submitting to Directors for approval
• Running fortnightly credit control reports
• Dealing with bank, clients & brokers queries in a timely and professional manner
• Filing of all relevant documentation such as bank statements, remittance advices & correspondence
• General office duties such as answering the telephone, scanning & filing

This is a pivotal position within the company and therefore demands a responsible attitude.

The ideal candidate will need to have strong numerical and literacy skills. Good communicational and organisational skills are also essential.

Other desirable skills are:

• Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.

• Knowledge of Brokasure

• Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.

• Ability to understand and execute oral and written instructions.

• Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

Our client is committed to continuous professional education and will offer study support when required.