IBA Accounts Technician

Recruiter
MW Appointments Ltd.
Location
London
Salary
Competitive
Posted
01 Dec 2016
Closes
04 Dec 2016
Sectors
Accountancy
Contract Type
Permanent
Hours
Full Time
Employee Role ProfileRole Holder IBA TechnicianPosition1st November 2016Effective dateOverall Role * To conduct effective cash flow management skills to the insurance broking accounts (IBA).Key Responsibilities & Accountabilities * Chase, monitor and report on all IBA premiums and claims monies that are or are becoming due and to work closely with Accounts Executives. * Bureau Accounting - monitoring cash and releasing to the market. Liaising with Technical department on queries. * Driving down bureau unallocated cash. * Pay out IBA money received taking care that funds have been cleared at the bank and that no funding has taken place. * Assist in all credit control responsibilities as and when required. * Handle client & internal queries in a timely manner. * Monitoring bad debt, and unallocated cash.Job DimensionsDirect reports * IBA ManagerAuthority to act for the Company * As directed by the Chief Executive Officer and/or the Chief Operations Officer and/or the Compliance Officer.External relationships * Trading partners * Bankers (IBA) * Auditors IBA Accounts GBP26,000Lloyds broker based in the CIty have an opportunity for an IBA accounts assistant to join their team. You will be responsible for chasing, monitoring and reporting on all IBA premiums and claims, bureau accounting, monitoring cash and releasing to the market. Pay out IBA money received, assisting in credit control duties IBA Accounts Technician GBP26,000Lloyds broker based in the City have an opportunity for an IBA accounts assistant to join their team. The overall role is to conduct effective cash flow management skills to the insurance broking, chase, monitor and report on all IBA premiums and claims monies that are or are becoing due to to work closely with Account Executives. Bureau accounting, driving down unallocated cash, pay out IBA money, assist in all credit control responsibilities,monitoring bad debt and unallocated cash.MW Appointments is acting as an Employment Agency in relation to this vacancy.