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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 you’ll 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 you’ll 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
If you’re interested in this role, click ‘apply now’ to forward an up-to-date copy of your CV, or call us now.
If this job isn’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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