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Iba insurance broking accounts technician

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

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IBA Insurance Broking Accounts Technician, Milton Keynes

Client: Next Employment Ltd

Location: Milton Keynes

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 IBA Technician role within a growing insurance brokerage. Due to expansion, an additional IBA Technician is needed to support the Finance and Technical Processing team.

The 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 banking system knowledge 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 on a multi-currency and multi-company ledger

Requirements:

* At least 2 years of experience in an IBA role
* Working knowledge of client money rules and insurance legal principles
* Attention to detail and accuracy
* Good communication skills with problem-solving ability
* Time management skills to meet deadlines without compromising quality
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