IBA Technician in City of London

IBA Technician in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to manage client transactions and support financial processes.
  • Company: G J Associates, a boutique recruitment firm in the London Insurance Market.
  • Benefits: Enjoy a 10% pension, life insurance, private medical cover, and more perks.
  • Why this job: Be part of leading Lloyd’s Brokers and make a real impact in finance.
  • Qualifications: Two years’ experience in IBA or fiduciary accounting; strong Excel skills required.
  • Other info: Hybrid working model with opportunities for career growth and development.

The predicted salary is between 36000 - 60000 £ per year.

Location: City of London

Benefits: 10% pension contribution, Life Insurance x6, Income Protection, Season Ticket Loan, Cycle to Work Scheme, Private Medical insurance, Eye Care, Health & Wellbeing, Holiday Allowance (plus additional discretionary leave) and bonus potential.

Working Pattern: Full Time Hybrid - 3 days office-based plus remote working.

Base pay range: Direct message the job poster from G J Associates.

About the Role: We are partnering with two leading Lloyd’s Brokers, both seeking experienced IBA Accounts Technicians to join their growing finance teams. These roles offer the opportunity to work within dynamic, forward-thinking global organisations, ensuring the accurate and timely processing of client and market transactions, while maintaining strong relationships with internal and external stakeholders.

Key Responsibilities:

  • Maintain accurate and efficient fiduciary accounting processes in line with regulatory requirements.
  • Process and allocate client premiums, claims receipts, and market settlements accurately and promptly.
  • Perform reconciliations of IBA accounts, ensuring all receipts and disbursements are correctly allocated.
  • Monitor and manage unallocated cash, aged debt, funding, payable credits, and doubtful brokerage.
  • Prepare management information and ad-hoc reports on key metrics and balances.
  • Liaise with clients, underwriters, and internal business units to resolve financial queries.
  • Support the IBA team with credit control procedures and assist in clearing unmatched cash.
  • Assist with ad-hoc projects and provide cover or support across the IBA function as required.

Key Skills & Experience:

  • Two years’+ experience in a similar IBA or fiduciary accounting role within the London Insurance Market.
  • Strong understanding of (Re)insurance processes and client money regulations.
  • Proficient in Microsoft Excel and Word; experience with Sequel Eclipse Broking or OpenTwins systems advantageous.
  • Excellent communication, organisational and analytical skills with high attention to detail.
  • Ability to manage multiple priorities, meet deadlines, and work effectively under pressure.
  • Proactive, adaptable, and collaborative team player with a solutions-driven mindset.

Apply Now: If you are interested in this role, please use the ‘Apply’ button above and forward a copy of your CV to us. All applicants must have a permanent right to work in the UK.

IBA Technician in City of London employer: G J Associates

G J Associates is an exceptional employer, offering a supportive and dynamic work environment in the heart of the City of London. With a strong focus on employee well-being, we provide comprehensive benefits including a generous pension contribution, private medical insurance, and opportunities for professional growth within the thriving insurance sector. Our hybrid working model promotes a healthy work-life balance, making us an attractive choice for those seeking meaningful and rewarding careers in recruitment.
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Contact Detail:

G J Associates Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land IBA Technician in City of London

✨Network Like a Pro

Get out there and connect with people in the industry! Attend networking events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.

✨Ace the Interview

Prepare for your interviews by researching the company and practising common questions. Show off your knowledge about the insurance market and be ready to discuss how your experience aligns with the role. Confidence is key!

✨Follow Up

After an interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. A little follow-up can go a long way in making a positive impression.

✨Apply Through Our Website

Make sure to apply through our website for the best chance at landing that IBA Technician role. We’re here to help you every step of the way, so don’t hesitate to reach out if you have any questions!

We think you need these skills to ace IBA Technician in City of London

Fiduciary Accounting
Client Money Regulations
Reinsurance Processes
Microsoft Excel
Microsoft Word
Sequel Eclipse Broking
OpenTwins Systems
Communication Skills
Organisational Skills
Analytical Skills
Attention to Detail
Time Management
Problem-Solving Skills
Team Collaboration
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the IBA Technician role. Highlight your experience in fiduciary accounting and any relevant skills that match the job description. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your background makes you a great fit for the role. Let us know what excites you about working with us!

Showcase Your Skills: Don’t forget to mention your proficiency in Microsoft Excel and any experience with systems like Sequel Eclipse Broking or OpenTwins. We love seeing candidates who can hit the ground running, so make those skills pop!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!

How to prepare for a job interview at G J Associates

✨Know Your Numbers

As an IBA Technician, you'll be dealing with a lot of figures. Brush up on your knowledge of fiduciary accounting processes and client money regulations. Be ready to discuss how you've handled similar tasks in the past, as this will show your understanding of the role.

✨Showcase Your Tech Skills

Familiarity with Microsoft Excel is a must, so make sure you can talk about your experience with it. If you've used Sequel Eclipse Broking or OpenTwins systems, mention that too! Being able to demonstrate your technical skills will set you apart from other candidates.

✨Communicate Clearly

Strong communication skills are key in this role. Prepare examples of how you've effectively liaised with clients and internal teams to resolve financial queries. Practising clear and concise explanations will help you convey your points during the interview.

✨Be Solutions-Driven

The job requires a proactive and adaptable mindset. Think of instances where you've tackled challenges or improved processes in your previous roles. Highlighting your solutions-driven approach will resonate well with the interviewers at G J Associates.

IBA Technician in City of London
G J Associates
Location: City of London
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  • IBA Technician in City of London

    City of London
    Full-Time
    36000 - 60000 £ / year (est.)
  • G

    G J Associates

    50-100
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