IBA Manager - London Market London, England
Job description
Jensten Group are recruiting a key leadership position within our London Markets IBA team. The purpose of this role is to provide oversight of the Insurance Broking Accounting activities and the responsibility for the application of controls in line with the Group’s CASS and client money handling procedures, including the monthly client money calculation.
You will need a collaborative and innovative approach to working and coaching teams with the ability and gravitas to quickly build strong and trusting relationships with the London Market Insurance Broking stakeholder group.
We are seeking a self starter able to work effectively remotely and comfortable managing teams in our hybrid/ remote structure, whilst ensuring outstanding customer outcomes and within required SLA's.
Responsibilities:
- Ensure CASS compliance at all times and adhere to FCA client money rules.
- Introduce controls in line with the Group’s CASS and client money handling procedures & policies to ensure compliance with the Group’s procedures
- Ensure that client money calculations are performed in line with the groups CASS procedures
- Oversee Month End process for Client Money reporting and controls
- Produce statement of accounts on a monthly basis and distribute via email.
- Strong emphasis on credit control, including investigating and chasing aged debts.
- Produce aged debt and unsettled items reports and present these in a format that can be submitted to the Finance Director and at Board level.
- Notify internal claims department of claim receipts and payments received via Lloyds or Lirma
- Align all Brokasure Reports to MI Production to ensure that policy and transaction data is reported on the same basis.
About Us:
Launched in 2018 Jensten is one of the UK's largest independent broking groups. Growing organically and through strategic acquisition we now place nearly £600m GWP into the market via our retail insurance broking, Lloyd's and London Market broking, and specialist underwriting arms.
We fill the void in the market between a consolidator and a provincial broker. We have the scale, ambition and expertise to stand out, but the people, culture and entrepreneurial DNA to maintain our client focus. Which is why we are not just one of the leading independent broking groups, we are one of the most exciting too. And that is why you should join us!
Our goal is to have people in our Group that enjoy being part of one team with the shared commitment to delivering insurance distribution excellence. A big part of how we do this is by listening and then acting on what we hear. Our EVP work is key to maintaining and enhancing our culture and Benefits, making Jensten Group a fantastic place to work, learn and grow.
