IBA Accounting Technician

IBA Accounting Technician

An opportunity to learn and develop your experience and knowledge within a successful, independent Lloyds Broker and Coverholder.

Our client provides a range of bespoke marine & non-marine insurance solutions to wholesale and retail clients worldwide.

This role will allow the successful applicant to become involved in all aspects of IBA accounting as well as exposure to company accounting tasks. Experience in IBA functions is essential and a full program of training and learning will be provided in order to enhance knowledge and develop new skills.

• process incoming cash receipts from broker and action payment to underwriters
• process payments to insurers
• conduct bank re conciliations
• manage currency accounts
• issue monthly broker statements
• work with broker to ensure prompt payment of premiums
• investigate broker and insurer queries
• undertake ad hoc projects
• review Client monies calculation
• load expenses onto Xero
• load brokerage invoices
• reconcile monthly transactions on Xero

What you need to bring …

* 3 + years experience within insurance IBA accounting.

* a thirst for knowledge and a desire to learn and develop new skills
* good problem-solving skills
* confident communications skills
* a strong team collaborative ethos
* show attention to detail
* Good excel and general IT skills

What is on offer …

• Permanent contract
• Salary from £30 to £40,000 + benefits & annual performance bonus
• Hybrid working flexibility - City of London 3 days & Home 2 days per week
• Join a supportive, team environment where excellence is recognised and rewarded
• This role has the scope to learn and develop your skill set and variety of duties

REF - 9686

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 Agency in relation to this vacancy.