IBA Client Account Handler

JR United Kingdom; Belfast; Remote; GBP 45,000 - 50,000; Full time

Job summary

A global company in the London insurance market is seeking an experienced IBA Client Account Handler to join their team. This role involves managing accounts, handling reconciliations, and ensuring compliance with FCA regulations. With a salary ranging from £45,000 to £50,000 plus bonuses, this fixed-term contract offers a great opportunity for professionals with at least 3 years in the industry.

Qualifications

• Minimum 3 years' experience in an IBA role within the London insurance market.
• Strong knowledge of IBA accounting and cash allocation.
• Working knowledge of FCA regulations.

Responsibilities

• Manage client and insurer accounts and resolve discrepancies.
• Handle account reconciliations and cash allocations.
• Support month-end and year-end financial closings.

Skills

Insurance accounting

Reconciliation

Excel

Stakeholder management

Attention to detail

Numeracy

Tools

GXB

Job description

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Are you an experienced IBA professional looking for your next challenge in the London insurance market? We’re on the lookout for a highly organized and detail-oriented IBA Client Account Handler to join our dynamic team.

Role Type: Fixed Term Contract (12 Months)

Location: Remote working from within the UK

Salary – £45,000 > £50,000 + Bonus & Benefits

We are partnered with a global information technology company with a strong foothold and a focused division within the insurance industry.

If you have at least 3 years of experience in a London Market broking house, a strong grasp of insurance accounting, and top-tier reconciliation skills, we’d love to hear from you.

Responsibilities for the IBA Client Account Handler will include but are not limited to:

• Managing client and insurer accounts in line with regulatory and company standards
• Handling account reconciliations and swiftly resolving queries
• Accurately allocating cash receipts and payments
• Collaborating with brokers, underwriters, and internal teams to resolve discrepancies
• Maintaining and reconciling client and insurer ledgers
• Supporting month-end and year-end financial closings
• Proactively managing aged debt and unallocated cash
• Ensuring compliance with FCA regulations
• Using GXB (Global XB) or similar broking/accounting platforms (a big plus!)

Skills required for the IBA Client Account Handler will include but are not limited to:

• Minimum 3 years’ experience in an IBA role within the London insurance market
• Solid knowledge of IBA accounting, reconciliation, and cash allocation
• Familiarity with GXB or equivalent broking platforms is highly desirable
• Strong Excel skills and confidence in Microsoft Office
• Excellent communication and stakeholder management skills
• A sharp eye for detail and high level of numeracy
• Working knowledge of FCA regulations and compliance standards

Added skills which would be beneficial are:

• Experience in a fast-paced broking environment
• Strong problem-solving skills and analytical thinking

If you are interested in hearing more, please do not hesitate to apply