IBA Client Account Handler - #1677380

Excelerate


Date: 7 hours ago
City: Birmingham
Contract type: Full time
Work schedule: Full day
Excelerate

Are you an experienced IBA professional looking for your next challenge in the London insurance market? We’re on the lookout for a highly organized and detail-oriented IBA Client Account Handler to join our dynamic team.


Role Type: Fixed Term Contract (12 Months)


Location: Remote working from within the UK


Salary – £40,000 > £45,000 + Bonus & Benefits


We are partnered with a global information technology company with a strong foothold and a focused division within the insurance industry.


If you have at least 3 years of experience in a London Market broking house, a strong grasp of insurance accounting, and top-tier reconciliation skills, we’d love to hear from you.


Responsibilities for the IBA Client Account Handler will include but are not limited to:



  • Managing client and insurer accounts in line with regulatory and company standards

  • Handling account reconciliations and swiftly resolving queries

  • Accurately allocating cash receipts and payments

  • Collaborating with brokers, underwriters, and internal teams to resolve discrepancies

  • Maintaining and reconciling client and insurer ledgers

  • Supporting month-end and year-end financial closings

  • Proactively managing aged debt and unallocated cash

  • Ensuring compliance with FCA regulations

  • Using GXB (Global XB) or similar broking/accounting platforms (a big plus!)


Skills required for the IBA Client Account Handler will include but are not limited to:



  • Minimum 3 years’ experience in an IBA role within the London insurance market

  • Solid knowledge of IBA accounting, reconciliation, and cash allocation

  • Familiarity with GXB or equivalent broking platforms is highly desirable

  • Strong Excel skills and confidence in Microsoft Office

  • Excellent communication and stakeholder management skills

  • A sharp eye for detail and high level of numeracy

  • Working knowledge of FCA regulations and compliance standards


Added skills which would be beneficial are:



  • Experience in a fast-paced broking environment

  • A proactive, collaborative mindset

  • Strong problem-solving skills and analytical thinking


If you are interested in hearing more, please do not hesitate to apply

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