IBA Accounts Technician

CKB Recruitment; City Of London; On-site; GBP 32,000 - 45,000; Full time

Benefits offered by this job

25 days' holiday

Discretionary bonus

Workplace pension

Gym access (Fora)

Snacks and refreshments

Job summary

CKB Recruitment Ltd is partnered with an established independent commercial insurance broker to appoint an IBA professional at Technician, Manager, or Senior Manager level. Roles vary by experience and responsibility, with salary tied to title and scope.

Responsibilities include payments allocation, reconciliations, settlements, credit control support, and Acturis duties. On-site in Hammersmith with hybrid flexibility after probation, strong emphasis on independence for senior roles.

Qualifications

• A minimum of three years' relevant insurance broking/accounts experience.
• A full understanding of insurance accounting principles.
• Ideally, at least two years' hands-on Acturis experience, with regular use of the system.
• Strong attention to detail, accuracy and organisational skills.
• The ability to communicate clearly and manage your workload effectively.
• For senior appointments, proven ability to work independently and take responsibility for the accounts function.
• For Technician-level applicants, training and development can be provided, as long as you bring relevant experience, a sound understanding of insurance accounting and a positive attitude to learning.

Responsibilities

• Allocating client and insurer payments.
• Reconciling insurer statements, bank accounts and client money accounts.
• Arranging insurer settlements and processing refunds.
• Monitoring outstanding premiums and supporting credit control.
• Reconciling commissions and brokerage.
• Supporting client money calculations and month-end processes.
• Investigating discrepancies and resolving accounts queries.
• Maintaining accurate records within Acturis.
• Liaising with insurers, clients and the broking team.

Skills

Insurance accounts

Attention to detail

Communication

Independent working

Tools

Acturis

Job description

Senior IBA Manager / IBA Manager / IBA Technician

Hammersmith, London £32-45k dependent on experience and level of responsibility

Permanent, Full-time Monday-Friday, 9am-5pm

CKB Recruitment is working with an established independent commercial insurance broker looking to appoint an insurance broking accounts professional.

The business is taking a flexible approach to this appointment, welcoming applications at IBA Technician, IBA Manager and Senior IBA Manager level. Your experience and technical ability will determine the title, salary and scope of responsibility.

You may already be confident running an IBA function independently, or you may have a solid foundation in insurance accounts and be ready to develop further with support and training.

The opportunity

Your responsibilities will be tailored to your experience, covering:

• Allocating client and insurer payments.
• Reconciling insurer statements, bank accounts and client money accounts.
• Arranging insurer settlements and processing refunds.
• Monitoring outstanding premiums and supporting credit control.
• Reconciling commission and brokerage.
• Supporting client money calculations and month-end processes.
• Investigating discrepancies and resolving accounts queries.
• Maintaining accurate records within Acturis.
• Liaising with insurers, clients and the broking team.

For Manager and Senior Manager applicants, the ability to work independently and take ownership of the accounts function is essential. You will need the technical confidence and organisational skills to manage the work without close day-to-day supervision.

For Technician-level applicants, training and development can be provided, as long as you bring relevant experience, a sound understanding of insurance accounting and a positive attitude to learning.

What we're looking for

• A minimum of three years' relevant insurance broking/accounts experience.
• A full understanding of insurance accounting principles.
• Ideally, at least two years' hands-on Acturis experience, with regular use of the system.
• Strong attention to detail, accuracy and organisational skills.
• The ability to communicate clearly and manage your workload effectively.
• For senior appointments, proven ability to work independently and take responsibility for the accounts function.

Strong insurance accounts experience but no Acturis knowledge?

If you are applying at the more junior end of the brief and have a particularly strong background, the business is open to providing full Acturis training. A solid foundation and willingness to learn are key.

Location and working arrangements

The office is based at One Lyric Square, Hammersmith, London, W6 0NB.

You will work five days a week in the office during probation, giving you time to understand the business, its processes and the team.

Following successful completion of probation, some flexibility around working from home may be discussed. This will be considered individually and is not a guaranteed hybrid arrangement.

There is a strong preference for candidates based within the M25, although applicants further afield will be considered where their experience is particularly strong and they are genuinely comfortable with the daily commute.

Salary and benefits

Salary will reflect your experience, technical capability and the responsibilities agreed for the position.

Benefits include:

• 25 days' holiday plus bank holidays.
• Discretionary bonus and workplace pension.
• Access to Fora gyms, studios and fitness classes.
• Complimentary tea, coffee and snacks.
• Access to communal lounges, breakout spaces and member events.

Interested?

Whether you are an experienced IBA Technician looking to build your career or an established IBA Manager ready to take ownership, we would love to hear from you.