IBA Credit Controller

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

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