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IBA Accounts Technician

Posted 6 March by MW Appointments Easy Apply Ended

IBA Technician
About the company:
An independent Lloyds Insurance broker handling Marine and Non-Marine business, based in the City. As an independent business, they are able to run with autonomy and flexibility.

About the Role:
As part of the Accounts Team, to assist with ensuring premiums are collected on time from clients, funds received are reconciled with accounting entries and payments made to markets promptly. Additionally, working with the Claims Team, to ensure claims monies are collected when due and paid on to clients promptly.

Key Duties:
·Analysis of bank receipts and payments and accurate and timely processing of related entries on the company accounting system (Eclipse).
·Reconciliation of cash receipts and payments with accounting entries.
·Processing payments to clients, markets and third parties using the company bank's internet system - premiums and claims.
·Preparation of IBA bank reconciliations.
·Dealing with foreign currency and exchange issues, as necessary.
·Communication with clients/markets (email and telephone) and internal departments to resolve issues.
·Run standard and ad-hoc accounting reports (Eclipse and Excel), as necessary.
·Maintain documented notes on outstanding issues and agreed actions (query log).

Key Experience:
·A minimum of five GCSE passes at grade C or above (including mathematics and English).
·A minimum of one year's previous experience within the London market (Lloyds) IBA accounts.

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

Reference: 34616758

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