IBA Accounts Handler

IBA Accounts Handler Remote

The Ardonagh Group
Full Time Remote 10.56 - 12.04 GBP Today
Job description

Job Purpose

The purpose of this role is to:

  • To provide efficient, high quality accounting support to internal and external customers
  • To ensure day to day compliance with the systems and controls, established by the firm and to ensure compliance with FCA Rules CASS 5.4
  • To ensure compliance with FCA rules on Financial Crime prevention

Main Responsibilities:

  • Ensure all debts are collected as soon as possible and all liabilities are settled within agreed credit terms
  • Ensure all cash received is matched as soon as possible
  • Ensure that all processes are being completed on a timely and accurate basis
  • Ensure accounting ledgers are maintained in an up to date and accurate manner.
  • To produce accurate and timely management information on both a regular and ad hoc basis
  • Regular liaison with other departments regarding outstanding queries, particularly cash queries
  • Ensure that all outstanding cash under query with the clients/underwriters is chased on a monthly basis
  • Prepare and despatch statements of accounts in accordance with account holders’ requirements and/or when requested by divisions
  • Maintain accurate, comprehensive and up to date records, accessible to all parties that require them
  • Monitor client money payments to intermediary placing brokers
  • Notify appropriate individuals of potential bad debts at earliest possible stage and enlist assistance where appropriate
  • Undertake other duties and ad hoc tasks and projects

Representing Ed:

  • Champion the Ed name and core values.
  • Represent Ed with clients, agents, suppliers and other organisations.

Compliance:

  • Comply with relevant legal, regulatory and Ed compliance requirements, Errors and Omissions (E&O) compliance procedures and quality initiatives.
  • Escalate any potential E&O's to Divisional Directors and the Legal & Compliance team at the earliest opportunity.

The above list of responsibilities is not exclusive or exhaustive and the job holder may be required to undertake such tasks as reasonably expected within the scope of the role.

Person Specification

Knowledge Required:

  • A good knowledge of FCA rules and guidelines relating to commercial and private customers
  • A good knowledge of FCA Rules CASS 5.4
  • A good knowledge of general insurance and underlying legal principles
  • A good knowledge of banking methods and accounting principles
  • 3 - 5 years’ experience working in the insurance sector or equivalent

Skills Required:

  • Develop and sustain good working relationships with internal and external clients
  • Ability to work supportively and jointly with colleagues
  • Confident and effective telephone skills.
  • Ability to work under pressure when necessary.
  • Ability to construct written communications that are effective and meet business needs.
  • Ability to prioritise and organise own workload to ensure that deadlines are adhered to
  • Accurate data input skills
  • IT Skills: MS Word, MS Excel, Brokasure Desktop (desirable)

IBA Accounts Handler
The Ardonagh Group

www.ardonagh.com
London, United Kingdom
David Ross
Unknown / Non-Applicable
51 to 200 Employees
Company - Private
Insurance Agencies & Brokerages
Insurance
2017
Related Jobs

All Related Listed jobs

Sortation Operative
Amazon Warehouse London, England 12 GBP HOURLY Today

You may need to be able to handle a full range of Amazon products, including alcohol and meat products. Unload, lift and relocate products.

nurse practitioner
Henrico Doctors' Hospital Richmond, VA 55051 - 33608 USD ANNUAL Today

Specialization:
Surgery Bariatric


Job Summary:

Seeking an experienced (preferred) physician...

Airworthiness Review Certificate (ARC) Engineer
Ryanair Stansted, South East England, England 54000 - 63000 GBP ANNUAL Today

Acquired an appropriate licence in compliance with Annex (III) Part-66 or an aeronautical degree or a national equivalent or have a minimum of 10 years

Sales Adviser
schuh Manchester, England 16593 - 18827 GBP ANNUAL Today

When our 'little customers' enter our stores we want to make them feel No1. It could be their first shoes and we want to ensure we have the best staff to

Paediatric Occupational Therapy Technical Instructor
Bolton NHS Foundation Trust Bolton, England 25147 - 27596 GBP ANNUAL Today

To independently organise and carry out occupational therapy intervention in the clients home, clinic or educational setting either in relation to assessment