IBA Client Account Handler - #1769001

Excelerate

Date: 20 hours ago

City: Birmingham

Contract type: Full time

Work schedule: Full day

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 UKSalary – £45,000 > £50,000 + Bonus & BenefitsWe 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 OfficeExcellent communication and stakeholder management skillsA 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 environmentA 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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