Senior IBA & Credit Control Partner (Remote)

Augment Risk Limited

United States

Remote

USD 150,000 - 210,000

Full time

11 days ago

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Benefits offered by this job

Equity participation
Work from anywhere
Flexible benefits

Job summary

Augment Risk Limited is seeking an Associate Partner - IBA & Credit Control to lead day-to-day management of Insurance Broking Accounts in a remote US setting. The role links Finance with Broking Operations to ensure accurate premium and claims processing, robust credit control, and regulatory compliance.

The successful candidate will bring extensive IBA and reinsurance experience, strong cash allocation and reconciliation skills, and a proven ability to drive efficiencies across teams while

Qualifications

  • 8+ years' hands-on experience in Insurance Broking Accounts (IBA).
  • Extensive experience in the reinsurance broking market.
  • Strong understanding of premium accounting, cash allocation and reconciliations.
  • Proven experience in credit control and debt management.
  • Understanding of broking accounting processes and controls.
  • Ability to work between Finance and Operations teams.
  • Excellent analytical and problem-solving skills.
  • High attention to detail with accuracy.
  • Excellent communication and stakeholder management.
  • Proficient in Excel and financial systems.

Responsibilities

  • Oversee end-to-end management of Insurance Broking Accounts (IBA).
  • Act as liaison between Finance, broking and Client Solutions for transactions.
  • Monitor and manage collections and timely receipts from clients and brokers.
  • Ensure prompt settlement of balances.
  • Allocate incoming cash across accounts and transactions.
  • Perform regular account reconciliations and resolve discrepancies.
  • Lead credit control activities and improve cash collection performance.
  • Collaborate with brokers, finance teams and external counterparties to resolve queries.
  • Monitor cash flow across broking accounts and identify risks or delays.
  • Ensure FCA CASS compliance and internal controls.
  • Produce management information and reports on aged debt and reconciliations.
  • Support process improvements and drive efficiencies.

Skills

IBA experience
Reinsurance broking
Premium accounting
Credit control
Financial controls
Finance-ops liaison
Analytical skills
Attention to detail
Stakeholder management

Tools

Microsoft Excel
Financial systems

Job description

Augment Risk Limited is seeking an Associate Partner - IBA & Credit Control to lead day-to-day management of Insurance Broking Accounts in a remote US setting. The role links Finance with Broking Operations to ensure accurate premium and claims processing, robust credit control, and regulatory compliance.

The successful candidate will bring extensive IBA and reinsurance experience, strong cash allocation and reconciliation skills, and a proven ability to drive efficiencies across teams while

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