IBA Specialist

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IBA Specialist

London

Post Date, 20/12/2024

Salary: 40000-45000 per annum

Permanent

Your new company
Hays are working with an insurance firm who are looking to expand their IBA function. You will play a vital part of managing financial operations related to insurance broking accounts. This position will be reporting to IBA manager and is a great opportunity to join an experienced finance team in order to make an immediate impact and provide exceptional services to their clients.
Your new role

  • Be at the forefront of all insurance broking accounting activities
  • Manage client accounts payable and receivable, ensuring timely and accurate processing of transactions
  • Perform regular reconciliations of client and insurer accounts (bordereaux) whilst identifying and resolving discrepancies
  • Utilise Excel to analyse financial data, generate reports and support decision-making processes
  • Ensure all financial activities comply with relevant regulations and internal policies, particularly those specific to the Lloyd's of London market
  • Work closely with the team to identify areas for process improvement and implement efficient and effective solutions
  • Assist the IBA Manager with various tasks, including financial planning, budgeting, and audit preparation

What you'll need to succeed

  • 3+ years experience working within IBA.
  • Experience of the Lloyds of London Market
  • Strong excel skills

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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Job Responsibility
Contract Details
  • Contract Type: Permanent
  • Salary Type: per annum
  • Total Applications: 6
  • Last Date: 31/01/2025
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