Insurance Broker Accounts (IBA) Account Handler

AIG

Insurance Broker Accounts (IBA) Account Handler

Salary Not Specified

AIG, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 31 Aug | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: e11e9d1aed3b4ec7bd7910ac39dbed91

Full Job Description

To fulfil all IBA responsibilities as part of the Operations team. This includes maintenance and day to day handling of the IBA ledgers, both Client & Underwriting. Ensure timely collection / settlement to and from customers and supporting markets of the Overseas offices within the Talbot/AIG Group for which the IBA Team are responsible .

  • Taking appropriate steps to assist Overseas offices in the collection and settlement of funds to/from clients

  • Taking appropriate steps to ensure settlement and collection of funds from/to syndicate.

  • Responsibility for claim settlements paid to brokers and the reconciliation of syndicate funds

  • Responsibility for the accurate modification of reference data within the accounting system Enterprise Accounts (EA).

  • Assist the team and IBA Manager to ensure month end processes are run as planned reviewing data accuracy and report generation.

  • To liaise with the associated affiliated office to ensure their records are updated to reflect any amendments as required

  • To ensure the accurate modification of processed data by the technical team is completed as required.

    Clear and concise communication is vital.

  • Good knowledge of Insurance in the Lloyds Market would be beneficial.

  • IBA reconciliation experience essential

  • Understanding of Slips, associated endorsements and closings (beneficial)

  • Understanding of premium calculation from broker documentation (beneficial)

  • Knowledge of Enterprise Accounts (Brokasure would be beneficial)

  • Computer literate: MS Office, Excel

    At Talbot, we are reimagining the way we help customers to manage risk. Join us as an IBA Accounts Technician to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.


  • Make your mark in Talbot

    With offices in London, the U.S. and Asia Pacific, Talbot is the managing agent of Syndicate 1183 and Syndicate 2019 at Lloyd's. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap and ransom, contingency and property. Syndicate 2019 reinsures a portfolio of U.S. ultra-high net worth personal lines business. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist., At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.

    Reimagining insurance to make a bigger difference to the world

    American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

    Welcome to a culture of belonging

    We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.