IBA Insurance Broking Accounts Technician

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

Job summary

A growing Insurance Broker in Glasgow is seeking an IBA Technician to join their Finance and Technical Processing team. This new role involves bank reconciliations, cash matching, and processing payments. With a focus on accuracy and communication, the successful candidate will support multi-currency and multi-company ledgers. Candidates must have at least 2 years of experience in an IBA role and good knowledge of client money rules.

Qualifications

• At least 2 years of experience within an IBA role.
• Working knowledge of client money rules and legal principles applicable to insurance.
• Ability to manage time, prioritize, and meet deadlines without compromising quality.

Responsibilities

• Bank reconciliation and cash matching.
• Preparation and processing of premium, commission, and claims payments.
• Liaison with international offices and providing IBA support.

Skills

Attention to detail

Good communication skills

Problem-solving

Job description

Social network you want to login/join with:

IBA Insurance Broking Accounts Technician, Glasgow

Client: Next Employment Ltd

Location: Glasgow, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views:

4

Posted:

06.06.2025

Expiry Date:

21.07.2025

Job Description:

NEW ROLE FOR IBA Technician for growing Insurance Brokers.

Due to expansion, a new role for an additional IBA Technician has been created to support the activities of the Finance and Technical Processing team.

You will be involved in:

• 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 to enable premium, commission, and claims payments
• Accurate record keeping using our internal electronic data management system
• Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised Brokerage
• Production of intracompany reports and associated schedules
• Query resolution regarding receipts of unexpected or unidentified funds
• Query resolution from clients and underwriters
• Liaison with international offices and providing IBA support
• Undertake tasks on a multi-currency and multi-company ledger

You will need:

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