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Iba insurance broking accounts technician

Shrewsbury
JR United Kingdom
Technician
€80,000 - €100,000 a year
Posted: 10 June
Offer description

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IBA Insurance Broking Accounts Technician, Shrewsbury

Client: Next Employment Ltd

Location: Shrewsbury, 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. Due to expansion, an additional IBA Technician is needed to support the Finance and Technical Processing team.

Your responsibilities will include:

* Bank reconciliation and cash matching
* Income ledger administration, including posting to IBS
* Preparation and processing of premium, 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, un-forwarded balances, and unrealized brokerage
* Producing intracompany reports and schedules
* Resolving queries related to unexpected or unidentified funds
* Handling queries from clients and underwriters
* Collaborating with international offices and providing IBA support
* Managing tasks across multi-currency and multi-company ledgers

Qualifications include:

* At least 2 years of experience in an IBA role
* Working knowledge of client money rules and legal principles applicable to insurance
* Attention to detail and accuracy
* Excellent communication skills with the ability to understand problems and propose solutions
* Effective time management and prioritization skills to meet deadlines without compromising quality
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