IBA Insurance Broking Accounts Technician

JR United Kingdom; Belfast; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading insurance brokerage in Belfast is seeking an IBA Technician to support their Finance and Technical Processing team. The role involves responsibilities such as bank reconciliation, income ledger administration, and maintaining accurate records using an electronic data management system. Seeking candidates with at least 2 years of experience in a similar role, strong attention to detail, and excellent communication skills.

Qualifications

• At least 2 years of experience in an IBA role.
• Knowledge of client money rules and legal principles in insurance.
• Attention to detail and accuracy.

Responsibilities

• Support Finance and Technical Processing team.
• Handle bank reconciliation and cash matching.
• Manage tasks across multi-currency and multi-company ledgers.

Skills

Attention to detail

Good communication

Problem-solving

Time management

Job description

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IBA Insurance Broking Accounts Technician, Belfast

Client: Next Employment Ltd

Location: Belfast, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views:

4

Posted:

06.06.2025

Expiry Date:

21.07.2025

Job Description:

We are hiring a new IBA Technician for our growing insurance brokerage. This role supports the Finance and Technical Processing team and involves:

• Bank reconciliation and cash matching
• Income ledger administration, including posting to IBS
• Preparation and processing of premium, commission, and claims payments
• Knowledge of banking systems for premium, commission, and claims payments
• Maintaining accurate records using our electronic data management system
• Monitoring credit risk, funding, unallocated cash, and unrealized brokerage
• Producing intracompany reports and schedules
• Resolving queries related to unexpected or unidentified funds
• Handling queries from clients and underwriters
• Coordinating with international offices and providing IBA support
• Managing tasks across multi-currency and multi-company ledgers

Requirements include:

• At least 2 years of experience in an IBA role
• Knowledge of client money rules and legal principles in insurance
• Attention to detail and accuracy
• Good communication skills and problem-solving abilities
• Time management skills to meet deadlines without compromising quality