IBA Accounts Technician London Market CASS 5, Client Money, Reconciliations, Xchanging
Job Title: IBA Accounts Technician Location: London (City) : Hybrid working (4 days office / 1 WFH) Contract: Permanent, Full:Time
Your new company
A growing and highly regarded insurance platform operating within the London Market, supporting MGA and broker operations. The business partners with both start:ups and established market players, providing the infrastructure and operational services required to build and scale successful insurance ventures.You will be joining a collaborative and fast:paced environment with strong exposure to brokers, underwriters, and senior stakeholders across the market.
Your new role
This is a key hire within the finance operations team, focused on delivering accurate and timely IBA processes. You will work closely with both internal teams and external stakeholders, supporting end:to:end client money and credit control activities.Key responsibilities will include: Bank and client money reconciliations Premium reconciliations across multiple schemes Processing collection files and premium returns Preparing and issuing invoices and statements Processing broker commissions and timely transfers to office accounts Managing multi:currency accounts and settlements Supporting the collection of premiums and claims Maintaining accurate and up:to:date accounting records Supporting month:end close and internal reporting Investigating and resolving IBA:related queries Managing aged debt and supporting credit control processes Building relationships with brokers and underwriters
What youll need to succeed
Prior experience in an IBA / insurance accounting role Strong understanding of London Market processes Working knowledge of FCA CASS 5 client money rules Experience handling high:volume reconciliations Strong Excel skills (pivot tables, lookups, data handling) Familiarity with systems such as Xchanging (desirable)
What youll get in return
Competitive salary and benefits package Hybrid working model with flexibility Exposure to a growing and innovative area of the insurance market Strong team environment with opportunities for development Broad role offering end:to:end IBA exposure What you need to do now
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