IBA (Insurance Broking Accounts) Technician
We are supporting a business in South Hertfordshire who are looking for an experienced IBA Technician or a Credit Controller from an Insurance company to join their team.
To be considered for this role, it is imperative that you have worked within an IBA team or Insurance company, and you are looking to take on a more senior level in supporting team members with training and development.
This position will support the manager of the team directly and include many responsibilities to ensure the team is performing at their best at all times.
Responsibilities include:
* Monitoring and reconciling all 3rd party finance, insurer and OCE accounts.
* Performing high volumes of bank and insurer reconciliations and ensuring all differences are investigated and rectified.
* Reviewing team output.
* Implementing best practice and new processes.
* Ensuring the weekly and monthly reconciliations are completed on time.
* Efficiently managing and allocating all incoming payments from clients.
* Continuously reviewing and refining the credit control procedures to maintain best practices.
* Pursuing and collecting all overdue and outstanding debts in line with group accounting policies.
* Performing credit control.
* Performing cash and payment reconciliation.
* Performing client and insurer statement reconciliation.
* Following up and managing queries for unmatched cash, uncollected debt, and queries preventing settlement to Brokers, Insureds, Insurers, and third parties.
The client is looking for individuals who have worked within IBA teams/Insurance businesses and possess good knowledge of CASS rules and FCA regulations.
This is a permanent role with full-time office attendance required at the start of the contract, with a review after some time.
If you would like to discuss this opportunity in more detail, please apply directly. Please ensure you showcase your IBA (Insurance Broking Accounting) experience on your CV.
Please note that salary will be discussed DOE.
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