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Iba insurance broking accounts technician

Bournemouth
JR United Kingdom
Technician
€80,000 - €100,000 a year
Posted: 10 June
Offer description

Job Title: IBA Insurance Broking Accounts Technician, Bournemouth


Client:

Next Employment Ltd


Location:

Bournemouth, 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 seeking an IBA Technician for a growing insurance brokerage. This role 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
* Knowledge of banking systems for premium, commission, and claims payments
* Accurate record keeping using internal electronic data management systems
* Monitoring credit risk, funding, unallocated cash, and unrealized 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 include:

* At least 2 years of experience in an IBA role
* Working knowledge of client money rules and insurance-related legal principles
* Attention to detail and accuracy
* Good communication skills, with the ability to understand problems and propose solutions
* Ability to manage time effectively, prioritize tasks, and meet deadlines without compromising quality
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