IBA Manager

Posted 15 February 2024
Salary Benefits
LocationCity of London
Discipline Finance
ReferenceIBAM
Contact NameFrank Hubbard

Job description

A rapidly growing insurance broker are looking for a high calibre IBA Manager who is looking to continue their career in a growing and fast paced IBA team to focus on all aspects of IBA.

Key Accountabilities:

  • Ensure premiums are collected on time from clients; funds received are reconciled with accounting entries and payments made to markets promptly
  • Work with the Claims Team to ensure claims monies are collected when due and paid on to clients promptly
  • Ensure that IBA processes are followed and that controls over those processes operate effectively
  • Ensure that client, underwriter and third party statements are prepared accurately and sent out promptly each month
  • Responsible for monthly credit control meetings with the business and preparation of quarterly IBA Reports
  • Managing a team of 6 IBA professionals
  • Set objectives for the team and regularly monitor performance against objectives
  • Assist in the implementation of team and company initiatives and strategies

To succeed in this role you must have extensive experience in IBA and have experience managing a Credit Control/IBA team. The candidate must also have a strong communication and inter-personal skills.