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Iba insurance broking accounts technician

Bristol (City of Bristol)
JR United Kingdom
Technician
€80,000 - €100,000 a year
Posted: 10 June
Offer description

Job Title: IBA Insurance Broking Accounts Technician, Bristol


Client:

Next Employment Ltd


Location:

Bristol, United Kingdom


Job Category:

Other


EU work permit required:

Yes


Job Views:

4


Posted:

06.06.2025


Expiry Date:

21.07.2025


Job Description:

We are hiring for a new role of IBA Technician at a growing insurance brokerage. This position supports the Finance and Technical Processing team and involves:

1. Bank reconciliation and cash matching
2. Income ledger administration, including posting to IBS
3. Preparation and processing of premium, commission, and claims payments
4. Knowledge of banking systems to enable premium, commission, and claims payments
5. Accurate record keeping using our internal electronic data management system
6. Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised brokerage
7. Production of intracompany reports and schedules
8. Resolving queries related to unexpected or unidentified funds
9. Handling queries from clients and underwriters
10. Collaborating with international offices and providing IBA support
11. Managing tasks on a multi-currency and multi-company ledger

Requirements include:

1. At least 2 years of experience in an IBA role
2. Knowledge of client money rules and legal principles in insurance
3. Attention to detail and accuracy
4. Good communication skills and problem-solving abilities
5. Time management skills to meet deadlines without compromising quality
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