IBA Credit Controller

Posted 16 July 2024
Salary Negotiable
LocationCity of London
Discipline Finance
ReferenceIBACC
Contact NameFrank Hubbard

Job description

A global insurance broker is looking for a IBA Credit Controller to join their finance department on a 6-12 month contract to help with the new projects the team are working on.

Responsibilities include:

  • Responsibility for the payment of premiums and collection of claims from Underwriters within the specified terms of trade for the Group
  • Chasing statements on a monthly basis for debit balances
  • Downloading of bureau signing messages and allocation of the daily signings
  • Reconciling statements and incoming and outgoing cash received from Underwriters
  • Ensure work is carried out within FCA Guidelines and rules, including maintaining accurate records
  • Maintaining effective filing systems within the team

The successful candidate for this IBA Credit Controller will need previous experience working in a IBA function, the candidate would ideally have experience with Sector system although that is not a deal-breaker.