IBA Technician

IBA Technician

Full-Time 30000 - 40000 Β£ / year (est.) No working from home possible
Insight Recruitment Solutions Limited

At a Glance

  • Tasks: Support cash processing and reconciliation in a dynamic insurance environment.
  • Company: Established Lloyd's broker with a focus on teamwork and inclusivity.
  • Benefits: In-house training, CPD support, and opportunities for industry development.
  • Other info: Diverse and inclusive workplace committed to professional growth.
  • Why this job: Join a collaborative team and enhance your skills in the London insurance market.
  • Qualifications: Numerate, accurate, and proficient in Excel and Word; insurance experience preferred.

The predicted salary is between 30000 - 40000 Β£ per year.

A well-established Lloyd's broker is looking for an IBA Technician to join its IBA and Credit Control team. Working within a multi-currency, multi-entity environment, the successful candidate will support the day-to-day processing and reconciliation of cash receipts and payments across the firm's non-statutory trust accounts.

Responsibilities include:

  • Daily bank postings
  • Monitoring client and underwriter balances across Lloyd's, LIRMA and ILU accounts
  • Assisting with NST payment setup and allocation
  • Issuing remittance advice
  • Contributing to weekly bank reconciliations and the month-end process

The role will suit someone who is highly numerate, accurate under pressure, and comfortable working collaboratively across a small team. Proficiency in Excel and Word is essential. You will already have some experience of working in the London insurance market. Full in-house training is offered, alongside CPD support and relevant industry development opportunities.

IBA Technician employer: Insight Recruitment Solutions Limited

Join a well-established Lloyd's broker that values its employees and fosters a collaborative work culture. As an IBA Technician, you will benefit from comprehensive in-house training and continuous professional development opportunities, all while working in the dynamic London insurance market. The company is dedicated to diversity and inclusion, making it an excellent employer for those seeking meaningful and rewarding careers.

Insight Recruitment Solutions Limited

Contact Details:

Insight Recruitment Solutions Limited Recruitment Team

We think you need these skills to ace IBA Technician

Cash Reconciliation
Bank Postings
Client Balance Monitoring
Payment Setup and Allocation
Remittance Advice Issuance
Excel Proficiency
Word Proficiency