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Insurance Broking Accounts Technician, Liverpool
Client: Nashrock Insurance Recruitment
Location: Liverpool, United Kingdom
Job Category: Other
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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. With offices globally, you will be based in their Head Office in the heart of the City of London, close to the Lloyd's of London building.
Due to their excellent performance and 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 to enable premium, commission, and claims payments
* Accurate record keeping using their internal electronic data management system
* Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised Brokerage
* Producing intracompany reports and associated schedules
* Query resolution related to receipts of unexpected or unidentified funds
* Query resolution from clients and underwriters
* Liaison with international offices and providing IBA support
* Building and maintaining constructive working relationships with internal clients
About You
* Experience as an IBA Technician
* Insurance experience is essential; 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 with the ability to understand problems and propose solutions
* 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 5% employee contribution, 10% contributed by the company)
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