Insurance Accounts Manager

Are you an experienced Insurance Accounts Manager professional ready to take the next step in your career? We're looking for a confident, solutions-focused Accounts Lead to oversee our clients IBA function, drive continuous improvement across their broking systems, and lead a high-performing team.

This is a pivotal role within a business based in Borehamwood, ensuring the smooth running of daily accounting operations, maintaining robust financial controls, and supporting the company's growth with accurate, insightful reporting.

What you'll be doing

Oversee all elements of Insurance Broking Accounting (IBA), including:

• Daily and monthly bank reconciliations across statutory, non-statutory, and risk transfer accounts
• Processing of premiums, claims, commissions, return premiums, and fees
• Bordereaux reporting and reconciliation
• Maintaining accurate insurer and client ledger balances
• Monitoring cash collection, settlements, and credit control
• Ensure full compliance with CASS rules and all Client Money regulations
• Manage risk transfer arrangements and non-statutory trust accounts
• Maintain strong financial controls to minimise risk and ensure regulatory compliance
• Lead improvements and enhancements across multiple broking platforms
• Define and validate finance-related technical specifications
• Oversee User Acceptance Testing (UAT) and ensure successful system implementation
• Review and streamline processes for greater efficiency, accuracy, and control
• Line manage, coach, and develop the IBA team
• Provide regular feedback, guidance, and performance support
• Build a motivated, accountable, high-performing team culture
• Manage recruitment, onboarding, training, and performance cycles in line with HFIS procedures
• Act as a primary contact for insurers, auditors, regulators, and internal teams
• Partner with senior management to provide timely and accurate financial reporting
• Work closely with IT, operations, and compliance to align processes and objectives

Out client is looking for a candidate who has significant experience in Insurance or Broking Accounting. This is essential to this role. The successful candidate will also be an exceptional stakeholder who can work with all areas of the business.

The successful candidate will have:

• Strong working knowledge of CASS
• Experience with multiple broking systems
• Demonstrated success in driving IT/system improvements
• Excellent leadership and people-management skills
• Strong communication skills and the ability to influence at all levels

• Highly organised, analytical, and calm under pressure
• Professional accounting qualification (ACCA, CIMA, ACA) or QBE
• Familiarity with FCA regulation and reporting

This role will require full attendance in the office for initial 6 months with some scope of home working at a later date. You therefore must be able to commute to Borehamwood.

Think Accountancy and Finance is the finance division of Think Specialist Recruitment, an independent recruitment agency based in Hemel Hempstead and working across the Herts, Beds and Bucks area. We specialise in permanent, temporary and contract recruitment with areas of expertise including:
Accounts Payable, Accounts Receivable, Payroll, Finance Admin, Part Qualified Finance, Credit Control and Bookkeepers.