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IBA Technician

IBA Technician

Pavilion Recruitment Solutions

Posted 5 days ago, valid for 16 hours

London, Greater London EC2V 7WS, England

£36,000 - £43,200 per annum

Full Time

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Sonic Summary

The client is seeking an IBA Accounts Technician with a minimum of 18 months of IBA experience, ideally from a Broker or MGA background.
The position is with a respected Lloyd's Insurance broker located in the City of London.
Key responsibilities include analyzing bank receipts and payments, processing client payments, and preparing bank reconciliations.
Candidates should possess strong IT skills, particularly in Excel, and have a keen attention to detail.
Salary details were not provided in the job description.

I am very pleased to be recruiting on behalf of my client who looking to strenghthen their team with a new IBA Accounts technician. Given the insurance specific IBA knowledge required, I am seeking a minimum of 18 months IBA experience. My client are a well respected Lloyd's Insurance broker based in City of London. The role offers a platform to progress yourself in a market leading business. Please find an overview of the responsibilities below.

Role overview:

Analysis of bank receipts and payments with accurate and timely processing of related entries on the company accounting system
Reconciliation of cash receipts and payments with accounting entries within agreed processes and deadlines
Processing payments to clients (premiums and claims), markets and third parties using the company bank’s internet system - premiums and claims within agreed deadlines to ensure client satisfaction
Willing to learn and process client money calculations
Involved in the preparation of bank reconciliations
Run standard and ad-hoc accounting reports, as necessary

Skills & Knowledge:

Minimum of 18 months IBA experience ideally based in a Broker or MGA
Oragnised and able to priortise workload
Strong IT skills including Excel
Strong attention to detail

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