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IBA Insurance Broking Accounts Technician, Stockport
Client: Next Employment Ltd
Location: Stockport, 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 for an IBA Technician at a growing insurance brokerage.
Due to expansion, an additional IBA Technician is needed to support the Finance and Technical Processing team.
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 for 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 unrealized brokerage
* Producing intracompany reports and schedules
* Resolving queries related to unexpected or unidentified funds
* Resolving queries from clients and underwriters
* Coordinating with international offices and providing IBA support
* Handling tasks on multi-currency and multi-company ledgers
Requirements:
* At least 2 years of experience in an IBA role
* Working knowledge of client money rules and legal principles in 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
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