Job Information

Job: IBA Accounts Clerk

Salary: upto £32,000

Location: Home working



Role purpose:

* 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

Key Knowledge/ Skills 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
* 5 years' experience working in the insurance sector or equivalent

* Develop and sustain good working relationships with internal and external clients
* Ability to work supportively and jointly with colleagues
* Accurate data input skills
* IT Skills: MS Word, MS Excel, Brokasure Desktop (desirable)



REF: 8807

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