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Iba insurance broking accounts technician

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

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IBA Insurance Broking Accounts Technician, Edinburgh


Client:

Next Employment Ltd


Location:

Edinburgh, 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 dedicated IBA Technician for a growing insurance brokerage. Due to expansion, a new role has been created to support the Finance and Technical Processing team.

Key responsibilities include:

* 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 payments
* Accurate record keeping using our electronic data management system
* Monitoring credit risk, funding, unallocated cash, and unrealised brokerage
* Producing intracompany reports and schedules
* Resolving queries related to receipts of unexpected or unidentified funds
* Handling queries from clients and underwriters
* Liaising with international offices and providing IBA support
* Managing tasks in a multi-currency and multi-company ledger environment

Qualifications and skills required:

* 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
* Excellent communication skills and problem-solving abilities
* Ability to manage time effectively, prioritize tasks, and meet deadlines without compromising quality
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