IBA Accounts Handler

Location
Southend-On-Sea
Salary
£15000.00 - £25000.00 per annum
Posted
06 Oct 2020
Closes
05 Nov 2020
Ref
JO0000007663
Contact
MW Appointments
Job Function
Accountant
Contract Type
Permanent

IBA ACCOUNTS ASSISTANT - £25,000
Lloyds broker with footprint in City and Southend have an excellent opportunity in their Southend office. Insurance experience is essential in order to be considered for this role
This is a well respected Lloyd's insurance broker that prides themselves on the service they produce.
Job Description
Suitable candidates for the position will already have gained some experience working in an administrative support role (ideally within Insurance) and will be looking for a new challenge within a small and respected Lloyd's broker. The candidate should have full knowledge of how a Lloyds broker operates. Prior experience working for a lloyds broker is preferred. This is an Insurance based accounts role so an interest in working in Insurance is essential.
You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.
Reporting directly to the Accounts Manager & Accounts Supervisor you will be responsible for the following duties:
Cash Matching & Allocation
Preparing statements for Underwriters, Clients & Third Party accounts
Chasing outstanding premium & requesting breakdowns for un-reconciled receipts and allocating to entries once received
Completion of IBA Payment run on a weekly basis
Assisting the busy IBA Accounts department on a daily basis
Filing of all relevant documentation such as bank statements, remittance advices & correspondence
Assisting with all IBA credit control runs
Completing bank runs to bank cheques
Reviewing and Amending IBA bank payee templates as requested
Maintaining the correct exchange rates on Brokasure on a weekly basis
Sending weekly remittance advices for the IBA Payment run
Communicating when needed with clients and underwriters in a professional manner
Assisting other team members during busy periods
Assisting the Compliance Officer with enquiries relating to your role
Full knowledge of A&S monitoring
General office duties such as answering the telephone, scanning & filing

Person Specification
This is a pivotal position within the company and therefore demands a responsible attitude.

The ideal candidate will need to have strong numerical and literacy skills. Good communicational and organisational skills are also essential.
Other desirable skills are:
*Some AAT qualifications highly preferable
*Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.
*Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
*Ability to understand and execute oral and written instructions.
* Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

Our client is committed to continuous professional education and will offer study support when required.

MW Appointments is acting as an Employment Agency in relation to this vacancy.

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