IBA Manager

HFG; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

HFG in London is seeking an experienced IBA Manager to lead the IBA operations within a growing London Market MGA. The role is hands-on and aims to shape processes, support a developing team and improve IBA operations as the business expands internationally.

You will oversee day-to-day IBA activity, support and develop junior team members, and work closely with underwriting and finance stakeholders to ensure robust controls, accurate reconciliations and timely settlements.

Qualifications

• Experience in IBA operations and reconciliations.
• Ability to lead and develop junior team members.
• Strong control environment and regulatory awareness.

Responsibilities

• Overseeing IBA operations, including premium and insurer reconciliations, cash allocation and settlements.
• Supporting and mentoring IBA Technicians and junior team members.
• Maintaining strong client-money controls and ensuring regulatory requirements are met.
• Investigating and resolving complex reconciliation queries.
• Working across finance, underwriting and operations on process improvements.
• Supporting system and operational change initiatives as the business grows.

Job description

IBA Manager
London | £60,000-£80,000 circa

A growing London Market MGA is looking for an experienced IBA professional to join its finance operations function as an IBA Manager.

This is a hands‑on role with scope to shape processes, support a growing team and play a key part in improving IBA operations as the business continues to expand internationally.

You will oversee day‑to‑day IBA activity, support and develop junior team members, and work closely with underwriting and finance stakeholders to ensure robust controls, accurate reconciliations and timely settlements.

Key responsibilities include:

• Overseeing IBA operations, including premium and insurer reconciliations, cash allocation and settlements
• Supporting and mentoring IBA Technicians and junior team members
• Maintaining strong client‑money controls and ensuring regulatory requirements are met
• Investigating and resolving complex reconciliation queries
• Working across finance, underwriting and operations on process improvements
• Supporting system and operational change initiatives as the business grows

The successful candidate will have strong London Market IBA experience, ideally gained within an MGA, broker or insurer environment. You will be technically confident, organised and comfortable operating in a changing, fast‑paced business.

This opportunity would suit an established IBA Manager or a strong Senior IBA Technician ready to step up into a broader management role.