Insurance Accounts Administrator — Client Money Reconciliations

TechNET IT Recruitment Ltd; Leeds; On-site; GBP 30,000 - 42,000; Part time

Job summary

Group IBA Accounts Administrator - Insurance role based in Leeds. 6-month contract with 10 positions outside IR35. You will handle a busy, detail-driven workload across IBA accounts, client money, reconciliations and broker interactions within the insurance finance function.

Experience in FCA CASS5 and client money is highly desirable. The role involves reconciliation, processing receipts/payments, and supporting month-end activities in a fast-paced environment.

Qualifications

• Experience across IBA accounts, insurance finance, client money, reconciliations, or broker accounts.
• Knowledge of FCA CASS5 / client money regulations.
• Strong bank and insurer reconciliation experience.
• Experience processing client receipts, insurer payments and refunds.
• Confidence investigating discrepancies and resolving complex account queries.
• Attention to detail and an understanding of financial controls.
• Experience with Policy Administration Systems; Acturis experience would be beneficial.

Responsibilities

• Processing and reconciling client money receipts and payments.
• Completing daily and monthly client money bank reconciliations.
• Investigating and resolving reconciliation discrepancies and outstanding items.
• Monitoring and allocating unidentified payments.
• Clearing contras and unallocated cash.
• Raising client refunds and insurer payments.
• Processing inter-account transfers and funding.
• Supporting month-end processes, reconciliations and sign-off.
• Reconciling insurer statements and investigating variances.
• Managing commission discrepancies and reconciliations.
• Preparing payment files for banking platforms and dual-authorisation processes.
• Dealing directly with insurers, brokers and internal teams to resolve queries.
• Maintaining clear and accurate audit trails.
• Identifying and escalating potential CASS5 breaches, risks or control weaknesses.
• Supporting process improvements and wider team activity.

Tools

Acturis

Job description

Group IBA Accounts Administrator - Insurance role based in Leeds. 6-month contract with 10 positions outside IR35. You will handle a busy, detail-driven workload across IBA accounts, client money, reconciliations and broker interactions within the insurance finance function.

Experience in FCA CASS5 and client money is highly desirable. The role involves reconciliation, processing receipts/payments, and supporting month-end activities in a fast-paced environment.