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IBA Senior Technician
London/Hybrid Flexible working
Competitive salary
A leading insurance service provider, are looking for an IBA Senior Technician. The role will required to work as part of the team and report to the IBA & BE Team Manager.
Responsibilities:
• Perform credit control
• Perform cash and payment reconciliation and system allocation
• Perform client and insurer statement reconciliation
• Premium and return premium collections – including providing reminders to Broker, Account Executive, Insured, and Insurers
• Follow up and query management for unmatched cash, uncollected debt, queries preventing settlement to Brokers, Insureds, Insurers and third parties etc.
• Make payments to Clients, Brokers, Insured’s, Insurers and third parties including approving payment per the agreed approval process (Bureaux and Non-Bureaux)
• Collect funded balances
• PPW and PPC payment ownership
• Ensure adherence to FCA client money rules
• Other tasks as required by the Team Manager or Senior Technician
• Regular interaction with Trainee Technicians to review and provide guidance on deliverables
• Mentor Trainee Technicians
• Collaborate with stakeholders to identify improvement opportunities and manage expectations
• Participate and proactively contribute to new project related initiatives
• Liaise with the Clients, Agents, Retail Brokers, Insurers
Skills and Experience:
• 5-10 years of experience in insurance, accounting, or another financial services sector
• Experience in one of these areas: credit control and cash allocation, accounts payable, account reconciliation
• Understanding of end to end insurance process
• IBA experience (Desirable)
• Bureau (Xchanging) (Desirable)
• Cass 5 Client Money rules (Desirable)
• Experience in working with automated assisted processes (Desirable)
IBA Senior Technician
Location | London |
Discipline: | Finance & Strategy |
Job type: | Permanent |
Contact email: | elif@weareedenbrook.com |
Job ref: | J3832 |
Published: | almost 3 years ago |
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