Treaty Technician

ARLA; Hitchin; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance firm in Hitchin is seeking an experienced accounting professional for an IBA role. The successful candidate will handle market settlements, reconciliations, and reporting while collaborating with various clients and business units. Proficiency in Microsoft Excel and familiarity with insurance processes are critical. This position requires attention to detail, strong analytical skills, and the ability to manage multiple priorities effectively.

Qualifications

• Minimum of two years' experience in a similar IBA or fiduciary accounting role.
• Strong understanding of client money regulations.
• Excellent organisational skills with high attention to detail.

Responsibilities

• Market settlements accurately and promptly.
• Perform reconciliations of IBA accounts.
• Monitor and manage unallocated cash and aged debt.
• Prepare management information and ad-hoc reports.

Skills

Experience in IBA or fiduciary accounting

Understanding of (Re)insurance processes

Proficiency in Microsoft Excel

Strong communication skills

Analytical skills

Tools

Sequel Eclipse Broking

OpenTwins systems

Job description

Responsibilities

• Market settlements accurately and promptly.
• Perform reconciliations of IBA accounts, ensuring all receipts and disbursements are correctly allocated.
• Monitor and manage unallocated cash, aged debt, funding, payable credits, and doubtful brokerage.
• Prepare management information and ad-hoc reports on key metrics and balances.
• Liaise with clients, underwriters, and internal business units to resolve financial queries.
• Support the IBA team with credit control procedures and assist in clearing unmatched cash.
• Assist with ad-hoc projects and provide cover or support across the IBA function as required.

Key Skills & Experience

• Two years' + experience in a similar IBA or fiduciary accounting role within the London Insurance Market.
• Strong understanding of (Re)insurance processes and client money regulations.
• Proficient in Microsoft Excel and Word; experience with Sequel Eclipse Broking or OpenTwins systems advantageous.
• Excellent communication, organisational and analytical skills with high attention to detail.
• Ability to manage multiple priorities, meet deadlines, and work effectively under pressure.
• Proactive, adaptable, and collaborative team player with a solutions-driven mindset.

Apply Now

If you are interested in this role, please use the 'Apply' button above and forward a copy of your CV to us. All applicants must have a permanent right to work in the UK.

G J Associates is acting as an Employment Agency for this vacancy.