IBA Accounts Handler

The Recruiter Ltd; Southend-on-Sea; On-site; GBP 28,000 - 38,000; Full time

Job summary

A leading Lloyd's broker is seeking an IBA Accounts Handler in Southend-on-Sea. The role involves cash allocation, preparing accounts, and addressing queries in a fast-paced environment. The ideal candidate will have 5 years’ experience and strong skills in communication and numeracy, with support for continuous learning provided.

Benefits

Continuous professional education and study support

Qualifications

• 5 years’ experience in an IBA role.
• Strong numerical and literacy skills.
• Good communication and organisational skills.

Responsibilities

• Cash Matching & Allocation.
• Preparing statements for Underwriters and Clients.
• Chasing outstanding premiums.

Skills

Numerical skills

Literacy skills

Communication

Organisational skills

Time management

Ability to execute instructions

Effective communication

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

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