Senior Executive- IBA

6 days ago


Noida, Uttar Pradesh, India QX Global Group Full time

Job Overview:We are seeking an experienced IBA professional with strong UK insurance accounting expertise. The role involves managing cash applications, collections, insurer reconciliations, and preparing bordereaux and client money calculations. The ideal candidate will ensure accurate financial processing, compliance with regulatory standards, and timely delivery of broker-related financial operations.Key ResponsibilitiesDebtor and Creditor AgeingBank reconciliationSystem experience – Acturis, Web Sure, Broker Sure, LexisNexisKnowledge of Broker vs Sub-Broker, Wholesale vs Retail BrokerProcess and apply incoming cash receipts accurately across client and insurer accounts.Manage collections and follow up on outstanding balances with insurers and clients.Perform insurer statement reconciliations and resolve discrepancies.Prepare and review bordereaux reports and calculate client money positions in line with UK regulations.Ensure compliance with broker trust



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