Overview
We're working with an Underwriting Agency operating in the London Market who are looking for an IBA/ Credit Controller to join their London team. The purpose of the role is to assist the company in all aspects of the financial side.
Location: London • Salary: Circa £40k • Work arrangement: Hybrid
Key Responsibilities
- Maintain and reconcile Insurance Accounts in accordance with regulatory and client money requirements
- Process premiums, claims, and commission movements accurately and on a timely basis
- Perform daily, weekly, and monthly reconciliations
- Investigate and resolve unreconciled items, discrepancies, and aged balances
- Perform daily, weekly, and monthly IBA reconciliations
- Support month-end close and reporting
- Actively manage aged debtors, ensuring prompt collection of outstanding premiums
- Chase all outstanding balances and ensure system is updated
- Liaise with brokers and coverholders to resolve overdue balances
- Produce regular aged debt reports and commentary for management
Experience Required
- Proven experience in an IBA and/or Credit Control role within the insurance market
- Strong understanding of insurance accounting and London market processes
- High level of accuracy and attention to detail
- Confident communicator, both written and verbal
- Strong Excel skills
- comfortable working independently and as part of a small team
Contact Expert
Sophie Zamchick on
Email: