IBA Insurance Broking Accounts Technician

JR United Kingdom; Kingston upon Hull; On-site; GBP 25,000 - 40,000; Full time

Job summary

A growing insurance brokerage in Kingston upon Hull is looking for an IBA Technician to support their Finance and Technical Processing team. The role involves a range of responsibilities from financial record keeping to collaborating with international offices. Candidates should have at least 2 years of experience in an IBA role and possess knowledge of client money rules in insurance, along with strong communication and problem-solving skills.

Qualifications

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

Responsibilities

• Bank reconciliation and cash matching.
• Income ledger administration, including posting to IBS.
• Preparation and processing of premium, commission, and claims payments.

Skills

Attention to detail

Communication skills

Problem-solving

Time management

Job description

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IBA Insurance Broking Accounts Technician, Kingston upon Hull, East Yorkshire

Client: Next Employment Ltd

Location:

Kingston upon Hull, East Yorkshire, 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 an IBA Technician for a 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
• Bank reconciliations and banking systems knowledge for payments
• Accurate record keeping using our electronic data management system
• Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealized brokerage
• Producing intracompany reports and schedules
• Resolving queries related to receipts of unexpected or unidentified funds
• Handling queries from clients and underwriters
• Collaborating with international offices and providing IBA support
• Managing tasks on 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, problem understanding, and solution proposing abilities
• Time management and prioritization skills to meet deadlines without compromising quality