Insurance Broking Accounts Technician

JR United Kingdom; Brighton; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

A leading international Lloyd's Broker in Brighton seeks an experienced Insurance Broking Accounts Technician to join their Finance team. The role involves bank reconciliations, processing financial transactions, and collaborating with international offices. This position offers a competitive salary of up to £55,000 plus benefits, including health insurance and a pension scheme.

Benefits

Competitive salary and discretionary bonus

25 days holiday

Death in service cover (7.5x salary)

Private health insurance

Defined contribution pension scheme (employee 5%, employer 10%)

Qualifications

• Experience in IBA and knowledge of client money rules.
• Ability to work with legal principles in insurance.

Responsibilities

• Manage bank reconciliation and cash matching.
• Prepare and process premiums, commissions, and claims payments.
• Monitor credit risk and handle client queries.

Skills

Attention to detail

Problem-solving

Time management

Good communication skills

Education

Experience as an IBA Technician

Insurance experience, preferably London Market or Lloyd's Broker

Job description

Insurance Broking Accounts Technician, Brighton

Client:

Nashrock Insurance Recruitment

Location:

Brighton, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

2

Posted:

04.06.2025

Expiry Date:

19.07.2025

Job Description:

Up to £55,000 + Bonus & Attractive Benefits

3 Days in London / 2 Days Remote

The Company

Our client is a highly reputable, well-established, and leading international Lloyd's Broker with a strong presence in the London Market Insurance sector. They have offices globally and are based in their Head Office in the heart of the City of London, near Lloyd's of London.

Due to their growth, they are expanding and seeking a motivated IBA Technician to support the Finance and Technical Processing team.

Role Duties

• Bank reconciliation and cash matching
• Preparing and processing premiums, commissions, and claims payments
• Knowledge of banking systems for premium, commission, and claims payments
• Accurate record keeping using internal electronic data management systems
• Monitoring credit risk, funding, unallocated cash, and related balances
• 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
• Building and maintaining constructive relationships with internal clients

About You

• Experience as an IBA Technician
• Insurance experience, preferably London Market or Lloyd's Broker
• Knowledge of client money rules and legal principles in insurance
• Attention to detail and accuracy
• Good communication skills and problem-solving abilities
• Time management and ability to meet deadlines

Benefits

• Competitive salary and discretionary bonus
• 25 days holiday
• Death in service cover (7.5x salary)
• Private health insurance
• Defined contribution pension scheme (employee contribution 5%, employer 10%)