IBA Insurance Broking Accounts Senior Technician
Think Accountancy and Finance
Borehamwood, GB
We are supporting a business in Hertfordshire who are looking for an experienced IBA Technician to join their team. To be considered for this role it is imperative that you have worked within an IBA team, and you are looking to take on a more senior level in supporting team members with training and development. This position will support the manager of the team directly and include many responsibilities to ensure the team are performing at their best at all times. Responsibilities include: Monitoring and overseeing incoming payments and refunds, as well as setting up, cancelling and maintaining finance agreements Reconciliations of cheques, card and BACS payments against the broking systems Monitoring claims payments, defaults, cancellations etc Overseeing credit control Ensuring broking accounts is aligned with the month end process performed by management accountant Regularly reviewing output of the IBA team (client side) and escalating issues to the IBA Lead Support the IBA lead in in operational management of the IBA Team Ensuing that all accounting processes follow best practice principles Ensuing that daily, weekly and month-end finance reconciliations and routines are completed on time and in line with specified practices and procedures Ensuring that all documentation and processes fall within agreed service standards and FCA regulations Regularly reviewing, maintaining and where required, improving accounts procedures, manuals, systems and processes The client is looking for people who have worked within IBA teams and also has good knowledge of CASS rules and FCA regulations. This is a permanent role with full time office required at the start of the contract with a view to review to some home working after time. If you would like to discuss this opportunity in more detail, please apply directly. Please ensure you showcase your IBA (Insurance Broking Accounting) experience on your CV. Think Accountancy and Finance is the finance division of Think Specialist Recruitment, an independent recruitment agency based in Hemel Hempstead and working across the Herts, Beds and Bucks area. We specialise in permanent, temporary and contract recruitment with areas of expertise including: Accounts Payable, Accounts Receivable, Payroll, Finance Admin, Part Qualified Finance, Credit Control and Bookkeepers.