IBA Insurance Broking Accounts Technician

JR United Kingdom; Doncaster; On-site; GBP 25,000 - 35,000; Full time

Job summary

A growing insurance brokerage is seeking an IBA Technician to support their Finance and Technical Processing team. The role requires expertise in bank reconciliation, client money rules, and effective communication skills, providing opportunities to handle various financial processes and manage queries.

Qualifications

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

Responsibilities

• Bank reconciliation and cash matching.
• Accurate record keeping using our electronic data management system.
• Resolving queries related to unexpected or unidentified funds.

Skills

Attention to detail

Good communication skills

Job description

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IBA Insurance Broking Accounts Technician, Doncaster

Client:

Next Employment Ltd

Location:

Doncaster, United Kingdom

Job Category:

Other

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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. Due to expansion, an additional IBA Technician is needed to support the Finance and Technical Processing team.

Your responsibilities will include:

• Bank reconciliation and cash matching
• Income ledger administration, including posting to IBS
• Preparation and processing of premium, commission, and claims payments
• Bank reconciliations and knowledge of banking systems for payments
• Accurate record keeping using our electronic data management system
• Monitoring credit risk, funding, unallocated cash, and unrealised 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 in a multi-currency and multi-company ledger environment

Requirements include:

• At least 2 years of experience in an IBA role
• Working knowledge of client money rules and legal principles in insurance
• Attention to detail and accuracy
• Good communication skills, with the ability to understand problems and propose solutions
• Ability to manage time effectively, prioritize tasks, and meet deadlines without compromising quality