£38K/yr to £40K/yr
London, England
Contract, Variable

IBA Handler

Posted by MW Appointments.

Our client who is a Lloyds Broker, is looking for an IBA Handler to join their busy accounts department in the London office on a 6-12 month initial contract.

The purpose of the role is to support the busy finance team in all finance, IBA, Credit Control and Operation functions.

Main Duties:

  • Posting Cash received and paid on the IBA system daily
  • Matching cash received/paid in against insurance transactions daily
  • Weekly Bank reconciliations
  • Entering insurance payments in bank daily
  • Entering insurance payments in FX trading platform daily
  • Liaison with external brokers; dealing with queries in the Credit Control email inbox daily
  • Investigating unallocated cash and matching transactions
  • Loading CSV interface files from underwriting systems to IBA system
  • Matching cash in both IBA system and underlying insurance underwriting systems
  • Support the Accounts Manager

Essential Skills Required:

  • Previous experience working within Credit Control/ IBA
  • Strong London Insurance Market knowledge
  • Experience of using UK bank portals
  • Familiar with IBA (Insurance Broking accounts) systems

Desirable:

  • Good organisation skills
  • Able to work independently and use initiative

What you need to know:

  • 6-12 month FTC role
  • Based in London - hybrid (3 days in London)
  • Salary between £38,000 - £40,000
  • A great opportunity to join a growing organisation with lots of training and development opportunities.
  • A very inclusive and fair opportunities employer

REF: 9684

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

MW Appointments is acting as an Employment Business in relation to this vacancy.