Trainee IBA Account Handler
London | Permanent | £30,000 per annum
Our client being an independent Lloyd's Broker based in London are looking to grow their Finance team. This is an IBA role that reports into the Head of division and sits on a team of four.
The duties include: Managing own workload and time, to maximise efficiency and ensure that deadlines and targets are met. Undertaking ongoing communication with colleagues, financial accounts, and other Divisions to ensure timely and accurate production of documentation and maintenance of systems and records. Completion and inputting of receipts and posting of payments into the relevant IBA databases on a daily basis. Producing monthly statements and distributing to appropriate clients which have been allocated as your responsibility. Chasing statements on a monthly basis. Reconciling statements and incoming and outgoing cash received from Clients.
Knowledge and understanding of FCA regulations particularly in relation to CASS effecting client handling money rules and brokerage drawdown. Must have an understanding of the London Market, claims practices, processes and procedures. A knowledge and understanding of accounting systems for clients, underwriters and third party and brokerage accounts is also valuable
Will look at people with 1 to 2 years London Market experience.