IBA Insurance Broking Accounts Technician

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

Job summary

A growing insurance brokerage based in Warrington is seeking an IBA Technician to join their Finance and Technical Processing team. The role involves managing bank reconciliations, overseeing financial transactions, and ensuring compliance with legal and client money rules. Candidates should have at least 2 years of relevant experience and possess 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

• Perform bank reconciliation and cash matching tasks.
• Administer income ledger and process payments.
• Monitor credit risk and resolve funding queries.

Skills

Attention to detail

Good communication skills

Problem solving

Time management

Job description

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IBA Insurance Broking Accounts Technician, Warrington, Cheshire

Client:

Next Employment Ltd

Location:

Warrington, Cheshire

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. Due to expansion, a new role has been created to support the Finance and Technical Processing team.

The responsibilities 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 banking system knowledge for payments
• Accurate record keeping using our internal electronic data management system
• 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
• Handling queries from clients and underwriters
• Collaborating with international offices and providing IBA support
• Managing tasks on multi-currency and multi-company ledgers

Requirements:

• 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, prioritization, and meeting deadlines without compromising quality