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Insurance Broking Accounts Technician, Leeds, West Yorkshire
Client: Nashrock Insurance Recruitment
Location: Leeds, West Yorkshire, 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 (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. They have offices globally and are based in their Head Office in the heart of the City of London, near the Lloyd's of London building.
Due to their growth, they are expanding and seeking a motivated IBA Technician to support the activities of 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 knowledge of banking systems for premium, commission, and claims payments
* Accurate record keeping using the internal electronic data management system
* Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealized Brokerage
* Producing intracompany reports and schedules
* Query resolution regarding receipts of unexpected or unidentified funds
* Query resolution from clients and underwriters
* Liaison 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 London Market experience (working for a Lloyd's Broker is advantageous)
* Knowledge of client money rules and legal principles applicable to insurance
* Attention to detail and accuracy
* Good communication skills and 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 employee contribution 5%, with 10% contributed by the company)
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