IBA Handler

MW Appointments

City of London - Show Location

£38000 - £40000.00 per annum

Full-Time / Contract

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Job Information

Our client who is a Lloyds Broker, is looking for an IBA Handler to join their busy accounts department in the London office on a 6-12 month initial contract.

The purpose of the role is to support the busy finance team in all finance, IBA, Credit Control and Operation functions.

Main Duties:

* Posting Cash received and paid on the IBA system daily
* Matching cash received/paid in against insurance transactions daily
* Weekly Bank reconciliations
* Entering insurance payments in bank daily
* Entering insurance payments in FX trading platform daily
* Liaison with external brokers; dealing with queries in the Credit Control email inbox daily
* Investigating unallocated cash and matching transactions
* Loading CSV interface files from underwriting systems to IBA system
* Matching cash in both IBA system and underlying insurance underwriting systems
* Support the Accounts Manager

Essential Skills Required:

* Previous experience working within Credit Control/ IBA
* Strong London Insurance Market knowledge
* Experience of using UK bank portals
* Familiar with IBA (Insurance Broking accounts) systems


* Good organisation skills
* Able to work independently and use initiative

What you need to know:

* 6-12 month FTC role
* Based in London - hybrid (3 days in London)
* Salary between £38,000 - £40,000
* A great opportunity to join a growing organisation with lots of training and development opportunities.
* A very inclusive and fair opportunities employer

REF: 9684

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 Business in relation to this vacancy.

MW Appointments

6 days ago



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