IBA Accounts Handler

The Recruiter Ltd; Southend-on-Sea; On-site; GBP 10,000 - 40,000; Full time

Job summary

An established Lloyd’s broker is seeking an IBA Accounts Handler to join their dynamic team. This pivotal role requires a candidate with at least five years of experience in an IBA position, showcasing strong numerical and literacy skills. You will be responsible for cash matching, preparing statements, and managing client accounts in a busy work environment. The company values excellent service and offers continuous professional education, making it a fantastic opportunity for those looking to grow in the insurance field. If you are organized, communicative, and ready for a new challenge, this role could be your next step in a rewarding career.

Benefits

Study Support

Professional Development Opportunities

Qualifications

• 5+ years of experience in an IBA role is required.
• Strong numerical, literacy, and communication skills are essential.

Responsibilities

• Handle cash matching and allocation for insurance accounts.
• Prepare statements and payment runs for clients and underwriters.

Skills

Numerical Skills

Literacy Skills

Communication Skills

Organizational Skills

Microsoft Office (Word, Excel, Outlook)

Brokasure Knowledge

Time Management

Tools

Microsoft Office Suite

Brokasure

Job description

IBA Accounts Handler

Salary: Not specified

Location: Southend on Sea, Essex

Job Type: Permanent

Ref: SJP230841

This established Lloyd’s broker is looking to recruit an IBA Accounts Handler to join their successful team. You will be working for a well respected Lloyd’s insurance broker who pride themselves on the excellent service they produce.

You will have attained 5 years’ experience in an IBA role and looking for a new challenge. An interest in insurance is essential as the role involves insurance based accounts.

You will be handling 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