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IBA Insurance Broking Accounts Technician, Leeds, West Yorkshire
Client:
Next Employment Ltd
Location:
Leeds, West Yorkshire, 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 a new IBA Technician to join our growing Insurance Brokers team.
Due to expansion, a new role has been created for an IBA Technician to support the activities of the Finance and Technical Processing team. Your responsibilities will include:
1. Bank reconciliation and cash matching
2. Income ledger administration, including posting to IBS
3. Preparation and processing of premium, commission, and claims payments
4. Bank reconciliations and knowledge of banking systems to facilitate payments
5. Accurate record keeping using our internal electronic data management system
6. Monitoring credit risk, funding, unallocated cash, un-forwarded balances, and unrealised brokerage
7. Production of intracompany reports and associated schedules
8. Query resolution regarding unexpected or unidentified funds
9. Query resolution from clients and underwriters
10. Liaison with international offices and providing IBA support
11. Handling tasks on a multi-currency and multi-company ledger
Requirements include:
* 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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