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IBA Account Handler

  • Location:

    City of London

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Samantha Burkin

  • Contact email:

    Samantha.Burkin@oliverjames.com

  • Job ref:

    JOB-032024-242890_1712680058

  • Published:

    20 Tage her

  • Expiry date:

    2024-05-09

On behalf of our client in London, Oliver James are 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.

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