IBA Account Handler
| Posting date: | 15 April 2024 |
|---|---|
| Hours: | Full time |
| Closing date: | 15 May 2024 |
| Location: | City of London, SE1 0 |
| Company: | BCT Resourcing |
| Job type: | Permanent |
| Job reference: | 2032764 |
Summary
On behalf of our client in London, company client is currently recruiting for a IBA Account Handler. This role will focus on IBA accounts by providing accounting administration service for business units within our client.
This opportunity is on a permanent basis and offers hybrid working.
You will be responsible for but not restricted to the below responsibilities:
* Provides relevant management information to senior management, when requested
* Contributes to project work and when required
* Ensures cash matching tasks are completed in a timely manner
* Reviews and processes IBA payment requests
* Processing of relevant entries onto Group company IBA systems
* Reconciles accounts with markets and clients
* Performing credit control duties including rendering statements to clients
* Resolves accounts queries promptly and efficiently
* Keeps informed of all regulatory and legal changes which impacts on the job role
* Ensures up to date records are maintained at all times on the Company systems
* Responds appropriately to urgent issues as they arise
* Develops strong relationships with the Business Units, Suppliers and Markets
* Responds to the clients(both internal and external) requirements as appropriate
We are looking for a candidate to:
* Have previous experience of working as an IBA Technician
* Have reinsurance broker experience
* Have Solid understanding of processes and procedures within the insurance market
* Able to manipulate and understand financial data
* Have attention to detail with ability to produce accurate documentation and to file documents appropriately
* Ability to work effectively within a team
* Have prioritisation and organisational skills
* Be competent with IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
* Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
* Able to undertake and demonstrate competence in technical training, as required by the industry regulator
Please note: the client has multiple office locations which can be worked out of.
If this sounds like a role for you, then please apply and suitable applicants will be contacted by a consultant.
This opportunity is on a permanent basis and offers hybrid working.
You will be responsible for but not restricted to the below responsibilities:
* Provides relevant management information to senior management, when requested
* Contributes to project work and when required
* Ensures cash matching tasks are completed in a timely manner
* Reviews and processes IBA payment requests
* Processing of relevant entries onto Group company IBA systems
* Reconciles accounts with markets and clients
* Performing credit control duties including rendering statements to clients
* Resolves accounts queries promptly and efficiently
* Keeps informed of all regulatory and legal changes which impacts on the job role
* Ensures up to date records are maintained at all times on the Company systems
* Responds appropriately to urgent issues as they arise
* Develops strong relationships with the Business Units, Suppliers and Markets
* Responds to the clients(both internal and external) requirements as appropriate
We are looking for a candidate to:
* Have previous experience of working as an IBA Technician
* Have reinsurance broker experience
* Have Solid understanding of processes and procedures within the insurance market
* Able to manipulate and understand financial data
* Have attention to detail with ability to produce accurate documentation and to file documents appropriately
* Ability to work effectively within a team
* Have prioritisation and organisational skills
* Be competent with IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
* Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
* Able to undertake and demonstrate competence in technical training, as required by the industry regulator
Please note: the client has multiple office locations which can be worked out of.
If this sounds like a role for you, then please apply and suitable applicants will be contacted by a consultant.