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Permanent

IBA Credit Controller

London
money-bag 10000-500000 Annual
3087298380
Posted Today

IBA Credit Controller Job Market - Insurance / IBA AccountsIBA Credit Controller - About the roleResponsible for the management of the credit control function across the Wholesale business. This includes collection, allocation, and reconciliation of payments, monitoring aged debt, and managing policy cancellations where required. Working closely with Finance, internal teams, and brokers, the role ensures financial stability, supports operational efficiency, and contributes to the overall growth of the Lloyd''s and London Market business. This role is suited to someone experienced in IBA credit control within Lloyd''s or the London Market, who is proactive, detail-oriented, and able to manage multiple priorities in a fast-paced environment.IBA Credit Controller - Key dutiesProduce Broker Statements: Generate and distribute detailed monthly broker statements to provide transparency, accuracy, and clarity to all stakeholders. Ensure that all transactions are correctly recorded and reconciled.Manage Aged Debt: Monitor and follow up on overdue payments, working closely with brokers and internal teams to resolve discrepancies, negotiate payment plans if required, and ensure that all outstanding balances are addressed promptly.Cancellation of Policies: Identify policies with unpaid premiums and initiate cancellations in accordance with company policies, liaising with relevant teams to minimise risk and ensure compliance.Collaboration: Partner with the Finance team, producing brokers

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