IBA Manager - Insurance Broker Accounting

Shape the Future of Insurance Accounting

Position: IBA Manager – Insurance Broker Accounting (IBA)

Location: London Office – Hybrid Working

Step into a high-impact newly created role at the forefront of the London Market insurance industry. Our client is a global consulting and managed services powerhouse, supporting insurers, reinsurers, brokers, and program administrators in driving operational excellence and embracing cutting-edge technology.

Why Join Us?

• Be part of a diverse team that's reimagining insurance through technology, analytics, and strategic transformation.
• Work in an empowering culture driven by innovation, integrity, and results.
• Grow fast with strong mentorship, top-tier resources, and ample learning opportunities.

Your Mission

As Manager of Insurance Broker Accounting, you'll lead a talented team that ensures accurate, compliant, and timely handling of premium and claim payments—both bureau and non-bureau. From cash allocation and reconciliations to reporting and system optimisation, you’ll play a key role in keeping operations seamless and audit-ready.

What You'll Do:

• Lead and mentor a high-performing team of IBA professionals.
• Oversee complex reconciliations, cash applications, and premium settlements.
• Serve as a subject matter expert on IBA systems, reports, and workflows.
• Drive performance, meet SLAs, and improve process efficiencies.
• Provide expert guidance on bureau systems and London Market practices.
• Manage banking, client money calculations, currency deals, and more.
• Partner with internal teams and clients to resolve variances and streamline operations.
• Champion change by leading process improvements and tech/tool initiatives.
• Manage hiring, training, and continuous development to ensure excellence.
• Oversee regulatory checks, sanctions reviews, and audit controls.
• Ensure knowledge is documented, shared, and regularly updated.
• Lead by example in service delivery, client engagement, and team development.

What You’ll Bring:

• Deep knowledge of IBA and financial concepts.
• Significant experience of the London Market Insurance industry.
• Strong leadership, analytical, and client management skills.
• Experience with reconciliation systems, reporting tools, and process documentation.
• A proactive mindset with a passion for solving problems and driving innovation.
• Relevant industry certifications (e.g., CPCU, CII, PMP) are a plus.

Learning & Growth Opportunities:

Our client offers a structured learning path designed to support both your current role and long-term career goals. From onboarding programs and soft skills development to industry certifications like AINS, CII, and Agile, you’ll have every opportunity to upskill and lead.