We are partnered with a Global Insurance Services business who provide Operational and Technological support to the London Market and are recruiting for a Senior IBA Technician to support their client, an International Insurance Intermediary in a Legacy Resolution/Aged-Debt project.
The ideal candidate will possess a strong understanding of IBA practices in the Lloyds and London Markets, excellent reconciliation skills, and preferably a working knowledge of the Global XB system.
Key Duties:
* Manage a portfolio of Client Accounts.
* Perform Account Reconciliations and resolve queries in a timely manner.
* Ensure accurate allocation of cash receipts and payments to client accounts.
* Manage and reconcile Client and Insurer ledgers.
* Take pro-active steps to reduce unallocated cash balances through legacy item resolution.
* Ensure compliance with FCA regulation (CASS5).
This is a project-related IBA opportunity that would suit an expert London Market IBA Practitioner/Credit Controller who is available to commence a twelve-month FTC at relatively short notice and has experience of or is happy to work within a fast-paced environment.
Seniority level
Associate
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Industries
Insurance, Insurance Agencies and Brokerages, and Insurance Carriers
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