IBA Insurance Broking Accounts Technician, norwich
Client:
Next Employment Ltd
Location:
Job Category:
Other
-
EU work permit required:
Yes
Job Views:
5
Posted:
06.06.2025
Expiry Date:
21.07.2025
Job Description:
NEW ROLE FOR IBA Technician for growing Insurance Brokers.
Due to expansion a new role for an additional IBA Technician to support the activities of the Finance and Technical Processing team has been created
You will be involved in:
• Bank reconciliation and cash matching
• Income ledger administration, including posting to IBS
• Preparation and processing of premium, commission and claims payments
• Bank reconciliations and knowledge of banking systems to enable premium, commission and claims payments
• Accurate record keeping using our internal electronic data management system
• Monitoring credit risk, funding, unallocated cash, un-forwarded balances and unrealised Brokerage
• Production on intracompany reports and associated schedules
• Query resolution in relation to receipts of unexpected or unidentified funds
• Query resolution from clients and underwriters
• Liaison with our international offices and providing IBA support
• Undertake tasks and responsibilities on a multi-currency and multi company ledger
You will need + 2 years experience within an IBA role and
• Working knowledge of client money rules and legal principles applicable to insurance
• Attention to detail and accuracy
• Good communication with ability and desire to understand problems and propose appropriate solutions that achieve the desired outcome
• Ability to manage time, prioritise and ensure the deadlines are met without compromising on quality
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Created on 06/06/2025 by JR United Kingdom
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