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Associate Partner - IBA & Credit Control

augment risk·UK·United Kingdom·mid
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Associate Partner – IBA & Credit Control Location: UK– Remote Reports to: COO Type: Full-Time About Augment Risk : Augment Risk is a global capital risk solutions intermediary, partnering with clients to structure and place innovative solutions. We specialize in bespoke risk transfer strategies,leveragingdeepexpertiseacross geographies and disciplines, including Structured Reinsurance, MGA, ILS, Legacy, Parametric, and Captives. Our trusted, boutique approach combines agility, transparency, and creative thinking to deliveroptimaloutcomes for our clients. About the Role: We are seeking an Associate Partner – IBA & Credit Controlto join Augment Risk .The rolewill beto oversee the day-to-dayhands-onmanagement of Insurance Broking Accounts (IBA) within Augment Risk . This role acts as the key link between Finance and Broking Operations, ensuring theaccurateandtimelyprocessing of premium and claims funds, effective credit control, and compliance with regulatory and internal accounting standards. The successful candidate will have extensive experience within reinsurance broking accounts and a proven ability towork oncomplex financial transactions while building strong relationships across the business. Responsibilities: Oversee the end-to-endhands-onmanagement of Insurance Broking Accounts (IBA). Act as the primary liaison between Finance,brokingandClient Solutionsto ensure efficient processing of financial transactions. Monitor andmanage collections, ensuringtimelyreceipt of funds from clients and brokers. Ensure prompt settlement of balances. Allocate incoming cash accurately across multiple accounts and transactions. Perform regular account reconciliations,investigatingand resolving discrepanciesin a timelymanner. Lead credit control activities, proactivelymanaging ageddebtand improving cash collection performance. Work closely with brokers, financeteamsand external counterparties to resolve accounting queries. Monitor cash flow across broking accounts and identify pot