Associate Partner - IBA & Credit Control

Overview

Associate Partner – IBA & Credit Control

Location: US – Remote

Reports to: COO

Employment type: Full-Time

This role provides day-to-day, hands-on management of Insurance Broking Accounts (IBA), serving as the primary link between Finance and Broking Operations. Responsibilities include ensuring accurate and timely processing of premium and claims funds, effective credit control, and adherence to regulatory and internal accounting standards.

Responsibilities

• Oversee end-to-end hands-on management of Insurance Broking Accounts (IBA).
• Act as primary liaison between Finance, broking, and Client Solutions to support efficient processing of financial transactions.
• Monitor and manage collections to ensure timely receipt of funds from clients and brokers.
• Ensure prompt settlement of balances.
• Allocate incoming cash accurately across multiple accounts and transactions.
• Conduct regular account reconciliations and investigate/resolve discrepancies in a timely manner.
• Lead credit control activities, proactively managing aged debt and improving cash collection performance.
• Work closely with brokers, finance teams, and external counterparties to resolve accounting queries.
• Monitor cash flow across broking accounts and identify potential risks or delays.
• Ensure compliance with FCA CASS rules, internal controls, and company policies (where applicable).
• Produce management information and reports covering aged debt, cash allocation, reconciliations, and outstanding balances.
• Support process improvements and drive efficiencies.

Requirements

• Minimum of 8 years’ hands-on, operational experience within Insurance Broking Accounts (IBA).
• Strong experience within the reinsurance broking market.
• Excellent understanding of premium accounting, cash allocation, and reconciliations.
• Proven experience in credit control and debt management.
• Strong understanding of broking accounting processes and financial controls.
• Ability to work effectively between Finance and Operations teams.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and high levels of accuracy.
• Excellent communication and stakeholder management skills.
• Proficiency in Microsoft Excel and financial systems.

Compensation & Benefits

• Competitive compensation package, including base salary, performance-related bonuses, and equity participation.
• Work-from-anywhere approach for a globally distributed team and client base.
• Employee benefits designed to support employees and their loved ones.
• Equal opportunity employer committed to diversity and inclusion.

Location

US – Remote