‘Perceptive Underwriting’

Careers

IBA Technician

PositionIBA Technician

LocationLondon

Reporting toCredit Control Team Leader

Job Summary

Working with the Credit Control Team Leader this role will be responsible for the preparation and reconciliation of all Premium Bank Accounts and Bordereaux.  This role has accountability for ensuring information is accurate and produced in a timely and efficient manner.

Principal Duties/Responsibilities

    • Responsible for the collection and management of outstanding debt as per agreed procedures
    • Responsible for the balancing of cashbooks for Premium Bank Accounts.
    • Render any statements in a timely fashion
    • To allocate receipts and payments posted, investigate differences and liaise with the technical team and brokers.
    • Ensure payment requests are prepared accurately and efficiently.
    • Review bank reconciliations on a daily basis and deal with queries.
    • Maintain and monitor the Insurers log on a regular basis.
    • Production of month end bordereau for review and submission to carriers
    • To work closely with the technical divisions to perform credit control functions.
    • To ensure outstanding accounts are chased where necessary by e/mail, and telephone for UK and overseas clients according to Company procedures.
    • Responsible for the management and reporting of aged creditors and unallocated cash.
    • Preparation of the Monthly Premium Paid Bordereaux.
    • Agreement and settlement of the bordereaux; including investigating queries and amendments with the technical teams.
    • To provide other general finance support as and when required

Required Qualifications, Skills, Knowledge, Experience

Qualifications:

Ideally educated to A-level standard or equivalent  with a minimum 2 A’levels or equivalent, which must include Mathmatics or a similar field

  

Skills:

Experience of using all Microsoft Office packages.

Ideally will have advanced knowledge of Excel including ability to use and create v lookups and pivot tables

Previous experience and a proven track record in the same of similar role would be ideal

Timely Decision Making

 Quality when making decisions and the explain rationale

Able to organise self, plan workload and meet deadlines

Drive for results with perseverance and action orientated

Approachable and able to interact with different levels of people and management

 

Knowledge/Experience:

Knowledge of the financial services sector

Ideally experience of working in MGA or similar environment.

Proven track record in an IBA or similar role

To apply for this position please Contact: Cheryl Seal

Contact Email: cseal@nexusunderwriting.com

Nexus News

Charles Penruddocke joins Nexus Group Trade Credit MGAs as Non-Executive Deputy Chairman

Leading independent specialty Managing General Agent Nexus Group today announces that Charles Penruddocke has joined as Non-Executive Deputy Chairman of Nexus… Download press release

Nexus Acquires Specialist Trade Credit Broker Credit Risk Solutions

Leading independent specialty Managing General Agent Nexus Group today announces that it has acquired Credit Risk Solutions Ltd (CRS).

Established… Download press release

We’ve moved

On Friday 29th September the Nexus team moved to new premises:

52 - 56 Leadenhall Street
London
EC3A 2EB


Our phone… Read the full article