Insurance Broking Accounts Technician

JR United Kingdom; Kingston upon Hull; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading International Lloyd's Broker is expanding and seeking a motivated Insurance Broking Accounts Technician to join their team in Kingston upon Hull. The successful candidate will support finance processes, manage reconciliations, and collaborate with global offices, all while benefitting from competitive salary and attractive benefits including private health insurance and pension schemes.

Benefits

25 Days holiday

Death in service cover (7.5x base salary)

Private health insurance

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

Qualifications

• Experience as an IBA Technician.
• Insurance experience is essential; London Market experience is advantageous.
• 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.
• Query resolution regarding unexpected or unidentified funds.

Skills

Attention to detail

Communication skills

Problem-solving abilities

Time management

Job description

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Insurance Broking Accounts Technician, Kingston upon Hull, East Yorkshire

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Client:

Nashrock Insurance Recruitment

Location:

Kingston upon Hull, East Yorkshire, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

2

Posted:

04.06.2025

Expiry Date:

19.07.2025

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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 in the London Market Insurance sector. They have offices worldwide and are headquartered in the City of London, near the Lloyd's of London building.

Due to 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
• Bank reconciliations and banking system knowledge for payments
• Accurate record keeping using internal electronic data management systems
• Monitoring credit risk, funding, unallocated cash, and unrealised Brokerage
• Producing intracompany reports and schedules
• Query resolution regarding unexpected or unidentified funds
• Client and underwriter query resolution
• Liaison with international offices and providing IBA support
• Building and maintaining relationships with internal clients

About You

• Experience as an IBA Technician
• Insurance experience is essential; London Market experience (Lloyd's Broker) is advantageous
• 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 meeting 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 (employee contribution 5%, company 10%)