IBA Manager - Insurance Broker Accounting

Highams Recruitment; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading recruitment firm is seeking an IBA Manager for a key role in the London Market insurance industry. The successful candidate will lead a team ensuring accurate handling of premium and claim payments and must have extensive knowledge of IBA and financial concepts. This position offers opportunities for professional growth in a diverse and innovative environment.

Benefits

Strong mentorship

Top-tier resources

Ample learning opportunities

Qualifications

• Deep knowledge of IBA and financial concepts.
• Significant experience in the London Market Insurance industry.
• Proactive mindset with a passion for problem-solving.

Responsibilities

• Lead and mentor a high-performing team of IBA professionals.
• Oversee cash applications and premium settlements.
• Manage banking, client money calculations, and currency deals.

Skills

Leadership

Analytical Skills

Client Management

Problem Solving

Education

Relevant industry certifications (e.g., CPCU, CII, PMP)

Tools

Reconciliation systems

Reporting tools

Job description

IBA Manager - Insurance Broker Accounting

IBA Manager - Insurance Broker Accounting

1 week ago Be among the first 25 applicants

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Base pay range

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Account Development Manager, Insurance - Recruitment. People Solutions & Consultancy. Outsourcing. Research & Insights.

Shape the Future of Insurance Accounting

Position: IBA Manager – Insurance Broker Accounting (IBA)

Location: London Office - Hybrid Working

Step into a high-impact newly created role at the forefront of the London Market insurance industry. Our client is a global consulting and managed services powerhouse, supporting insurers, reinsurers, brokers, and program administrators in driving operational excellence and embracing cutting-edge technology.

Why Join Us?

• Be part of a diverse team that's reimagining insurance through technology, analytics, and strategic transformation.
• Work in an empowering culture driven by innovation, integrity, and results.
• Grow fast with strong mentorship, top-tier resources, and ample learning opportunities.

Your Mission

As Manager of Insurance Broker Accounting, you'll lead a talented team that ensures accurate, compliant, and timely handling of premium and claim payments—both bureau and non-bureau. From cash allocation and reconciliations to reporting and system optimisation, you’ll play a key role in keeping operations seamless and audit-ready.

What You'll Do:

• Lead and mentor a high-performing team of IBA professionals.
• Oversee complex reconciliations, cash applications, and premium settlements.
• Serve as a subject matter expert on IBA systems, reports, and workflows.
• Drive performance, meet SLAs, and improve process efficiencies.
• Provide expert guidance on bureau systems and London Market practices.
• Manage banking, client money calculations, currency deals, and more.
• Partner with internal teams and clients to resolve variances and streamline operations.
• Champion change by leading process improvements and tech/tool initiatives.
• Manage hiring, training, and continuous development to ensure excellence.
• Oversee regulatory checks, sanctions reviews, and audit controls.
• Ensure knowledge is documented, shared, and regularly updated.
• Lead by example in service delivery, client engagement, and team development.

What You’ll Bring:

• Deep knowledge of IBA and financial concepts.
• Significant experience of the London Market Insurance industry.
• Strong leadership, analytical, and client management skills.
• Experience with reconciliation systems, reporting tools, and process documentation.
• A proactive mindset with a passion for solving problems and driving innovation.
• Relevant industry certifications (e.g., CPCU, CII, PMP) are a plus.

Our client offers a structured learning path designed to support both your current role and long-term career goals. From onboarding programs and soft skills development to industry certifications like AINS, CII, and Agile, you’ll have every opportunity to upskill and lead.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Insurance

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