IBA Insurance Broking Accounts Technician

JR United Kingdom; Brighton; On-site; GBP 30,000 - 45,000; Full time

Job summary

A growing insurance brokerage is seeking an IBA Insurance Broking Accounts Technician in Brighton. This role includes various accounting tasks, client service support, and requires specific skills in money handling and record-keeping. The ideal candidate will have a minimum of 2 years experience in an IBA role and a solid understanding of insurance principles.

Qualifications

• Minimum of 2 years experience in an IBA role.
• Working knowledge of client money rules in insurance.

Responsibilities

• Perform bank reconciliation and cash matching.
• Preparation and processing of premium, commission, and claims payments.
• Resolve queries related to unexpected or unidentified funds.

Skills

Attention to detail

Communication

Problem-solving

Time management

Job description

Job Title: IBA Insurance Broking Accounts Technician, Brighton

Client:

Next Employment Ltd

Location:

Brighton, 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 seeking a dedicated IBA Technician for a growing insurance brokerage. This role supports the Finance and Technical Processing team and involves various accounting and client service tasks.

• 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
• Accurate record keeping using internal electronic data management systems
• Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised brokerage
• Producing intracompany reports and schedules
• Resolving queries related to unexpected or unidentified funds
• Addressing queries from clients and underwriters
• Coordinating with international offices and providing IBA support
• Managing tasks across multi-currency and multi-company ledgers

Requirements:

• Minimum of 2 years experience in an IBA role
• Working knowledge of client money rules and legal principles in insurance
• Attention to detail and accuracy
• Strong communication skills and problem-solving ability
• Effective time management and ability to meet deadlines without compromising quality