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IBA Insurance Broking Accounts Technician, Sheffield, South Yorkshire
Client:
Next Employment Ltd
Location:
Sheffield, South Yorkshire, 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 as an IBA Technician at a growing insurance brokerage. This position supports the Finance and Technical Processing team and involves:
* Bank reconciliation and cash matching
* Income ledger administration, including posting to IBS
* Preparation and processing of premium, commission, and claims payments
* Bank reconciliations and banking system knowledge for payments
* Accurate record keeping using our electronic data management system
* Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised brokerage
* 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
* Managing tasks in a multi-currency and multi-company ledger environment
Requirements include at least 2 years of experience in an IBA role, knowledge of client money rules and legal principles in insurance, attention to detail, good communication skills, and the ability to manage time effectively to meet deadlines without compromising quality.
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