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IBA Credit control

  • London
  • Permanent
  • £40,000 - £50,000

Job details.

Excellent Salary and Benefits including discretionary bonus

This is a particularly exciting time to join our client, the company has achieved extraordinary growth in recent years. In light of this, they are looking for a highly motivated IBA Technician to support the activities of the Finance and Technical Processing team. There is plenty of potential in this role for a future management opportunities

The individual will be involved in:

  • Bank reconciliation and cash matching
  • Income ledger administration, including posting to IBS
  • Preparation and processing of premium, commission and claims payments
  • Bank reconciliations and knowledge of banking systems to enable premium, commission and claims payments
  • Accurate record keeping using our internal electronic data management system
  • Monitoring credit risk, funding, unallocated cash, un-forwarded balances and unrealised Brokerage
  • Production on intracompany reports and associated schedules
  • Query resolution in relation to receipts of unexpected or unidentified funds
  • Query resolution from clients and underwriters
  • Liaison with our international offices and providing IBA support
  • To build and maintain constructive working relationships with internal clients
  • Undertake tasks and responsibilities on a multi-currency and multi company ledger
  • Other ad hoc duties as requested
  • Adhere to company and regulatory policies and procedures

Key Competencies:

  • Experience of working in an IBA role / Credit Control is essential
  • Working knowledge of client money rules and legal principles applicable to insurance
  • Excellent numeracy
  • MS Excel to intermediate level
  • Attention to detail and accuracy
  • Good communication with ability and desire to understand problems and propose appropriate solutions that achieve the desired outcome
  • Ability to manage time, prioritise and ensure the deadlines are met without compromising on quality
  • Educated to a high standard


  1. General Insurance

Louise Jolly

Director - General Insurance

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