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IBA Manager
Ref. JO0000007285

Position IBA Manager
Sector Financial & Management Accounts
Location City of London, City
Type Permanent
Salary £50K / Annum
Reference JO0000007285
Summary IBA Manager City to £50,000

City based LLoyd's Brokers have a new role for an experienced IBA Manager. This role will be a full hands on IBA role along with overseeing a small team. Strong insurance experience in the above is essential

To provide a quality technical service to all Companies in the London operations, and meet reporting requirements up to UK holding company.

To manage all technical aspects of the IBA Broking system in a professional and efficient manner and ensure a high standard of service is kept at all times.

Supervision of IBA team; Overall responsibility for ensuring all individual and departmental deadlines are met

Motivating & mentoring staff

Leading monthly departmental meetings

Communicating new information / new procedures to the team

Ensuring Group standards, FCA regulations and Anti Bribery & Money Laundering guidelines are followed and understood

Chair monthly meetings with all divisions to discuss current position on unallocated cash, funding, payable credits, aged debt and doubtful brokerage

FCA monthly, quarterly and annual reporting

Month end reporting - including reporting of monthly income figures

Preparing adhoc reports, analysis and commentary when requested by the Finance Director

Manage expectations of clients / underwriters/ divisions/ senior personnel and banks

Monitoring and improving the IBA function/processes & procedures to ensure that the credit control policies are maintained

Coding maintenance ensuring due diligence completed for clients and underwriters and records maintained are up to date

Authorising client and insurer payments

Annual reporting for audit - managing auditor expectations by liaising with auditors and providing information to resolve any queries

Assisting and guiding team members with reconciliations of complex ledger accounts

Managing run-off of legacy broking system and project managing implementing new companies and divisions

MW Appointments is acting as an Employment Agency in relation to this vacancy.
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