IBA Client Account Handler

Excelerate; United Kingdom; Remote; GBP 40,000 - 45,000; Full time

Job summary

An established industry player is seeking a meticulous IBA Client Account Handler to join their vibrant team. This role, ideal for someone with a solid background in the London insurance market, involves managing client accounts, ensuring compliance with FCA regulations, and collaborating with various stakeholders. You will leverage your expertise in IBA accounting and reconciliation to maintain accurate financial records and support financial closings. If you are detail-oriented and thrive in a dynamic environment, this opportunity could be your next career milestone.

Qualifications

• At least 3 years of experience in an IBA role within the London insurance market.
• Solid knowledge of IBA accounting and reconciliation.

Responsibilities

• Manage client and insurer accounts in line with regulatory standards.
• Handle account reconciliations and resolve queries efficiently.
• Support month-end and year-end financial closings.

Skills

IBA accounting

Reconciliation

Cash allocation

Excel

Communication skills

Stakeholder management

FCA regulations knowledge

Analytical thinking

Problem-solving skills

Tools

GXB

Microsoft Office

Job description

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Direct message the job poster from Excelerate

Offering a Technical Recruitment Partnership

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 – £40,000 > £45,000 + 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

• 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

• 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

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Information Technology and Accounting/Auditing

Industries

Insurance, Insurance Carriers, and IT Services and IT Consulting