Associate Partner – IBA & Credit Control

🕒 October 3

🇬🇧 United Kingdom – Remote

⏰ Full Time

🟠 Senior

🔴 Lead

🪙 Affiliate Manager

👻 Ghost score 11%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Augment Risk

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2022

💼 Consulting

📦 Logistics

🛡️ Insurance

Consulting • Logistics • Insurance

Augment Risk is a capital-first intermediary that structures tailored reinsurance and capital solutions to drive growth, preserve margins, and unlock value for insurance and risk-bearing clients. They provide structured reinsurance, parametric products, ILS investor capacity, MGA capital solutions, captive setups, and legacy portfolio management, operating across global hubs and aligning capital with client strategy rather than simply placing risk. Augment Risk is FCA-authorised and serves institutional and corporate clients seeking capital efficiency and volatility management.

📋 Description

• Oversee the end-to-end hands-on management of Insurance Broking Accounts (IBA) • Liaise between Finance, broking and Client Solutions to ensure efficient processing of financial transactions • Monitor and manage collections and ensure timely receipt of funds from clients and brokers • Ensure prompt settlement of balances • Allocate incoming cash accurately across multiple accounts and transactions • Perform regular account reconciliations and resolve discrepancies • Lead credit control activities and manage aged debt • Improve cash collection performance • Resolve accounting queries with brokers, finance teams and external counterparties • 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 on 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 with high levels of accuracy • Excellent communication and stakeholder management skills • Proficient in Microsoft Excel and financial systems

🏖️ Benefits

• Competitive compensation package including base salary • Performance-related bonuses • Equity participation; all employees are offered equity • Work from anywhere approach • Flexible work arrangements for globally distributed colleagues and clients • Opportunity to work in a multi-disciplinary environment • Flat organizational structure • Ownership and accountability encouraged • Employee benefits designed to support employees and their loved ones • Inclusive environment and equal opportunity employment • Professional support from skilled and talented colleagues