Insurance Broking Accounts Technician

JR United Kingdom; Gloucester; Hybrid; GBP 46,000 - 55,000; Full time

Job summary

A leading International Lloyd's Broker is seeking an Insurance Broking Accounts Technician to support their Finance and Technical Processing team. The role offers up to £55,000 per year, remote work options, and extensive benefits including health insurance and competitive holidays.

Benefits

25 Days holiday

Death in service cover (7.5x base salary)

Private health insurance

Defined contribution pension scheme

Qualifications

• Experience as an IBA Technician.
• Insurance experience with London Market exposure preferred.
• Knowledge of client money rules and legal principles in insurance.

Responsibilities

• Responsible for bank reconciliation and cash matching.
• Preparing and processing premiums, commission, and claims payments.
• Liaising with international offices and providing IBA support.

Skills

Attention to detail

Good communication

Problem-solving

Job description

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Insurance Broking Accounts Technician, Gloucester

Client:

Nashrock Insurance Recruitment

Location:

Gloucester, 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 (listed below)

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 within the London Market Insurance. With offices globally, you will be based at their Head Office in the heart of the City of London, close to the Lloyd's of London building.

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

Role Duties

• Responsible for bank reconciliation and cash matching
• Preparing and processing premiums, commission, and claims payments
• Conducting bank reconciliations and utilizing banking systems for payments
• Accurate record keeping using internal electronic data management systems
• Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealized Brokerage
• Producing intracompany reports and schedules
• Resolving queries related to unexpected or unidentified funds
• Handling queries from clients and underwriters
• Liaising with international offices and providing IBA support
• Building and maintaining constructive relationships with internal clients

About You

• Experience as an IBA Technician
• Insurance experience is essential, ideally with London Market exposure (experience with Lloyd's Brokers is advantageous)
• Knowledge of client money rules and legal principles in insurance
• Attention to detail and accuracy
• Good communication skills with problem-solving abilities
• Ability to manage time, prioritize, and meet deadlines without compromising quality
• Competitive salary and discretionary bonus
• 25 Days holiday
• Death in service cover (7.5x base salary)
• Private health insurance
• Defined contribution pension scheme (minimum 5% employee contribution, 10% employer contribution)