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Insurance Broking Accounts Technician, Southampton
Client: Nashrock Insurance Recruitment
Location: Southampton, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Views:
1
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, leading International Lloyd's Broker with a strong presence in the London Market Insurance. Based in their Head Office in the City of London, near Lloyd's of London, they are expanding due to growth and are seeking a motivated IBA Technician to support their Finance and Technical Processing team.
Role Duties
* Bank reconciliation and cash matching
* Preparing and processing premiums, commission, 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
* 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, ideally in the London Market (Lloyd's Broker experience is advantageous)
* Knowledge of client money rules and legal principles in insurance
* Attention to detail and accuracy
* Good communication skills and problem-solving ability
* Time management and ability to meet deadlines without compromising quality
* Competitive salary with discretionary bonus
* 25 days holiday
* Death in service cover (7.5x base salary)
* Private health insurance
* Defined contribution pension scheme (employee contributes 5%, employer 10%)
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