IBA Accounts Technician

Cameron James; City Of London; Hybrid; GBP 45,000 - 55,000; Full time

Benefits offered by this job

Flexible benefits

Healthcare options

Pension

Job summary

C Cameron James is recruiting for an Insurance Broker Accounts Technician in West Kensington, London. The role focuses on managing insurer and client ledgers, reconciliations, and Acturis-based payments and credit control. You will support month-end reporting and liaise with insurer accounts teams.

We value 5+ years in IBA, strong FCA/CASS 5 understanding, and excellent communication. Hybrid work after probation and a comprehensive benefits package are offered.

Qualifications

• 5+ years in Insurance Broker Accounts (IBA) role, essential.
• Strong knowledge of IBA ledger processes and FCA/CASS 5 regulations.
• Proficient user of Acturis software and related systems.

Responsibilities

• IBA Accounting: manage insurer and client ledger processes.
• Perform daily bank reconciliations and resolve discrepancies.
• Utilise Acturis daily for payments, credit control, bordereaux and calculations.
• Monitor credit control and chase client balances to minimise bad debt.
• Maintain insurer relations and supports month-end reporting.
• Assist Finance Manager with audits and compliance checks.

Skills

Acturis proficiency

Insurance broker accounts experience

Communication skills

FCA/CASS 5 knowledge

Bank reconciliations

Tools

Acturis

Job description

Insurance Broker Accounts Technician - West Kensington London

• Location: West Kensington London
• Salary: Up to £50,000 base salary (dependent on experience) + Flexible Benefits package & Hybrid after Probation
• 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

What's on Offer?

• Base Salary: Up to £50,000 (DOE).
• 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.