Accounts - Insurance or IBA

We are supporting a business in South Hertfordshire who are looking for an experienced IBA Technician or a Credit Controller from an Insurance company to join their team.

To be considered for this role it is imperative that you have worked within an IBA team or Insurance company, 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 reconciling all 3rd party finance, insurer and OCE accounts.
• Performing high volumes of bank and insurer reconciliations and ensuring all differences are investigated and rectified
• Reviewing team output
• Implementing best practice and new processes
• Ensure the weekly and month reconciliations are completed on time
• Efficiently manage and allocate all incoming payments from clients.
• Continuously review and refine the credit control procedures to maintain best practices.
• Pursue and collect all overdue and outstanding debts in line with group accounting policies.
• Perform credit control
• Perform cash and payment reconciliation
• Perform client and insurer statement reconciliation
• Follow up and query management for unmatched cash, uncollected debt, queries preventing settlement to Brokers, Insureds, Insurers and third parties etc.

The client is looking for people who have worked within IBA teams/Insurance businesses who 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 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.

Please note that salary will be discussed DOE.

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.