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IBA Insurance Broking Accounts Technician, Coventry
Client: Next Employment Ltd
Location: Coventry, 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.
The responsibilities include:
* 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
* 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 receipts of unexpected or unidentified funds
* Handling queries from clients and underwriters
* Collaborating with international offices and providing IBA support
* Managing tasks in a multi-currency and multi-company ledger environment
Requirements:
* Minimum of 2 years experience in an IBA role
* Knowledge of client money rules and legal principles in insurance
* Attention to detail and accuracy
* Good communication skills with problem-solving ability
* Time management skills to meet deadlines without compromising quality
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