IBA Client Account Handler

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

Job summary

A prominent firm in the London insurance market is seeking a detail-oriented IBA Client Account Handler for a 12-month fixed term contract. This remote position requires a professional with a strong background in IBA accounting and reconciliation skills, and the ability to manage client accounts effectively. Ideal candidates will have at least three years of experience, knowledge of relevant regulations, and be comfortable using accounting platforms like GXB.

Qualifications

• Minimum 3 years' experience in an IBA role within the London insurance market.
• Solid knowledge of IBA accounting and cash allocation.
• Familiarity with broking platforms like GXB is highly desirable.

Responsibilities

• Managing client and insurer accounts in line with regulatory and company standards.
• Handling account reconciliations and swiftly resolving queries.
• Ensuring compliance with FCA regulations.

Skills

IBA accounting

Reconciliation

Cash allocation

Excel

Communication

Stakeholder management

Attention to detail

Numeracy

FCA regulations

Tools

GXB

Microsoft Office

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