IBA Insurance Broking Accounts Technician

JR United Kingdom; Dartford; On-site; GBP 35,000 - 45,000; Full time

Job summary

A growing insurance brokerage is seeking an IBA Accounts Technician in Dartford. This role involves managing financial processes and supporting the Finance team while ensuring compliance with client money rules. Ideal candidates will have previous IBA experience and strong communication skills.

Qualifications

• At least 2 years of experience in an IBA role.
• Working knowledge of client money rules and legal principles in insurance.

Responsibilities

• Support Finance and Technical Processing team.
• Handle bank reconciliation and cash matching.
• Maintain accurate records using the electronic data management system.

Skills

Attention to detail

Communication skills

Problem-solving

Time management

Job description

Job Title: IBA Insurance Broking Accounts Technician, Dartford

Client:

Next Employment Ltd

Location:

Dartford, 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 an IBA Technician for a growing insurance brokerage. This role supports the Finance and Technical Processing team and involves:

1. Bank reconciliation and cash matching
2. Income ledger administration, including posting to IBS
3. Preparation and processing of premium, commission, and claims payments
4. Knowledge of banking systems for premium, commission, and claims payments
5. Maintaining accurate records using our electronic data management system
6. Monitoring credit risk, funding, unallocated cash, and unrealised brokerage
7. Producing intracompany reports and schedules
8. Resolving queries related to receipts of unexpected or unidentified funds
9. Handling queries from clients and underwriters
10. Coordinating with international offices and providing IBA support
11. Managing tasks in a multi-currency and multi-company ledger environment

Requirements include:

1. At least 2 years of experience in an IBA role
2. Working knowledge of client money rules and legal principles in insurance
3. Attention to detail and accuracy
4. Good communication skills and problem-solving ability
5. Time management skills to meet deadlines without compromising quality