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Head of IBA
Location: London
JSS is partnering with a leading global insurance broker on the appointment of a Head of IBA.
This is a senior leadership role with full responsibility for a large IBA function across their UK offices. You'll lead a sizeable team through a group of direct reports, set the IBA strategy and move the function forward, while keeping strong controls over client and insurer funds.
The Opportunity
You'll oversee the full broking accounts operation, including premium and commission accounting, insurer settlements, client collections, client money and regulatory compliance. You'll be accountable for the accuracy and integrity of the function's financial records.
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The role also covers payment solutions, systems and process improvement, offshoring and new product support. You'll work with stakeholders across the business, as well as with insurers, auditors and regulators.
The Candidate
- 8-10 years' experience in a similar senior IBA role
- A background within a large insurance broker is essential, with experience of working at scale
- In-depth knowledge of IBA and client money practices
- Experience dealing with regulators, insurers and auditors
- Strong leadership and people management skills
- Excellent communication and stakeholder management skills
- A strong understanding of broker accounting and management systems
- An accounting or finance degree or professional qualification is preferred
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Working Pattern
The role is hybrid, with 3 days a week in the office and regular travel between offices.
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