IBA Technician

IPS Group

Posted 14 hours ago, valid for a month

Leeds, West Yorkshire LS14 1DZ

Full Time

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Sonic Summary

My client is seeking an IBA Technician to join their growing finance team.
The role is ideal for candidates with 1-2 years of experience in insurance finance or accounting, looking to enhance their skills.
Key responsibilities include processing transactions, performing bank reconciliations, and assisting with credit control.
The position offers a salary of £30,000 to £35,000, depending on experience, and emphasizes compliance with FCA regulations.
Candidates should possess strong attention to detail, excellent communication skills, and proficiency in Microsoft Excel.

My client is seeking an IBA Technician to join their growing finance team. This role is perfect for someone with some experience in insurance finance or accounting, looking to develop their skills in an established but supportive environment. You will assist in managing the financial transactions between insurers and clients, ensuring accurate and timely processing of payments and reconciliations.Key Responsibilities:

Processing client and insurer transactions, including receipts and payments
Performing bank reconciliations and ledger maintenance
Investigating and resolving any account discrepancies
Assisting with credit control and ensuring timely collections
Liaising with brokers, insurers, and internal teams to maintain accurate records
Supporting month-end reporting and financial controls
Ensuring compliance with FCA and company financial regulations

Essential:

Experience in an IBA, accounts, or finance role within an insurance or brokerage setting (1-2 years ideal, but open to strong admin/finance backgrounds)
Knowledge of insurance finance processes (e.g., client money handling) beneficial
Strong attention to detail and ability to work in a fast-paced environment
Confident communicator with excellent numerical skills
Proficiency in Microsoft Excel and other financial tools

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