CSInsurance Brokers Ltd
Account Assistant
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Accounts Assistant – Insurance Broking Accounts (IBA)
Company: CSInsurance Brokers Ltd
Location: London, EC3A
Department: Finance / IBA
Reporting to: IBA Manager
About the Role
CSInsurance Brokers Ltd is seeking an experienced and detail-oriented Accounts Assistant to join our Insurance Broking Accounts (IBA) team. The successful candidate will support the day-to-day IBA function of a specialist Lloyd's insurance brokerage, working closely with the IBA Manager to ensure accurate financial processing, reconciliations, insurer settlements, and compliance with client money requirements. This is a hands-on role requiring a solid understanding of insurance broking accounting processes and a good working knowledge of Global XB.
Key Responsibilities
- Process and reconcile insurance premiums, brokerage commissions, and insurer payments.
- Maintain accurate accounting records within Global XB, ensuring transactions are correctly recorded and allocated.
- Assist with the preparation of monthly Client Money Calculations (CMC), including supporting reconciliations and investigations.
- Prepare and process payments to insurers and underwriters, including bureau and non-bureau settlements.
- Monitor and manage aged debt, following up on outstanding premiums and resolving payment queries.
- Undertake regular bank and insurer account reconciliations, investigating and resolving discrepancies.
- Assist with the management and reconciliation of multi-currency accounts, including overseas business.
- Liaise with brokers, underwriters, and internal teams to resolve accounting queries.
- Support financial reporting, regulatory requirements, and the maintenance of accurate audit records.
- Assist the IBA Manager with ad hoc projects, process improvements, and other accounting responsibilities as required.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Skills and Experience Required
Essential:
- Previous experience working in an Insurance Broking Accounts (IBA) function, ideally within a Lloyd's or London Market brokerage.
- Solid understanding of insurance premium accounting, insurer settlements, reconciliations, and brokerage processing.
- Familiarity with client money handling and the importance of FCA CASS compliance.
- Strong Microsoft Excel skills and confidence working with financial data.
- Excellent attention to detail, organisation, and problem-solving abilities.
- Ability to manage competing priorities and work to agreed deadlines.
- Strong communication skills and the ability to work effectively with both finance and broking teams.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Desirable:
- Experience assisting with Client Money Calculations (CMC).
- Knowledge of Lloyd's bureau accounting and settlement processes.
- Experience managing multi-currency transactions and overseas insurance accounts.
- Familiarity with Xero or Global XB
About Us
CSInsurance Brokers Ltd is a specialist insurance brokerage operating within the London insurance market, providing services to clients and partners in the UK and internationally. We offer the opportunity to work within a close-knit team, gaining exposure to a broad range of insurance accounting activities and contributing directly to the effective operation of the business.
Please apply with your CV through LinkedIn.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London