Iba Accounts Assistant

Cameron James; Greater London; Hybrid; GBP 30,000 - 50,000; Full time

Benefits offered by this job

Hybrid working after probation

Healthcare options

Pension

Job summary

Cameron James is recruiting an Insurance Broker Accounts Technician for our client in Hammersmith, London. You will manage insurer and client ledgers, perform reconciliations, and use Acturis daily to process payments, credit control, bordereaux, and premium calculations.

The role is full-time with hybrid working after probation. A minimum of 5+ years’ Insurance Broker Accounts experience and strong understanding of FCA regulations (CASS 5) are essential.

Qualifications

• 5+ years in Insurance Broker Accounts (IBA) role (Essential).
• Deep knowledge of FCA regulations regarding client money (CASS 5).
• Strong verbal and written communication skills.

Responsibilities

• IBA Accounting: manage insurer and client ledger processes.
• Reconciliations: perform daily bank and insurer reconciliations and resolve discrepancies.
• System Management: use Acturis daily for payments, credit control, bordereaux, and premium calculations.
• Credit Control: monitor outstanding balances and chase client debt.
• Insurer Relations: process insurer settlements and maintain relations with insurer accounts teams.
• Reporting: assist Finance Manager with month-end reports, IBA audit preparation, and compliance checks.

Skills

Communication skills

Tools

Acturis

Job description

Insurance Broker Accounts Technician - Hammersmith London

• Location: Hammersmith London
• Salary: Up to £50,0000 base salary (dependent on experience) + Flexible Benefits package
• Role Type: Full-time, Permanent
• Key Requirements: 5+ years Insurance Broker Accounts experience & Acturis proficiency is essential

About the Role

Are you an experienced Insurance Accounts Technician looking for flexibility, competitive compensation, and a supportive team environment?

An established and growing insurance brokerage based in West Kensington is seeking a skilled professional to manage their client and insurer accounting functions.

Key Responsibilities

• IBA Accounting: Managing the Insurer and Client Ledger processes accurately and efficiently.
• Reconciliations: Performing daily bank reconciliations, insurer statement reconciliations, and resolving unallocated cash or discrepancies.
• System Management: Utilising Acturis daily to process payments, credit control, bordereaux, and premium calculations.
• Credit Control: Monitoring outstanding balances, chasing client debt, and maintaining low bad-debt levels.
• Insurer Relations: Processing insurer settlements and maintaining strong working relationships with insurer accounts teams.
• Reporting: Assisting the Finance Manager with month-end reports, IBA audit preparation, and compliance checks.

Requirements & Skills

Requirement

Details

Brokerage Experience

5+ years in a similar Insurance Broker Accounts (IBA) role (Essential).

Software Skills

Deep operational knowledge of Acturis software (Essential).

Technical Knowledge

Comprehensive understanding of FCA regulations regarding client money (CASS 5).

Communication

Strong verbal and written communication skills to liaise with underwriters, clients, and internal teams.

Location / Travel

Able to commute to the Kensington office for initial training and ongoing occasional team meetings.

What's on Offer?

• Base Salary: Up to £50,000 (DOE).
• Hybrid Working after Probation
• Comprehensive Benefits: Tailored flex benefits package including healthcare options, pension,
• Career Growth: Join an established, supportive business that values work-life balance and internal development.