About this role
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Role: IBA Technician (6 month contract) Location: London Salary: negotiable
Summary: As the business continues to grow, we are creating a temporary (6-month) IBA Technician position to support the IBA function and help balance the current workload. This role will play an important part in supporting day-to-day operations and ensuring accuracy, efficiency, and service delivery across financial processes.
Key Responsibilities: Accounts Receivable (Premiums / Cash Application)
• Match and allocate daily cash receipts within RiskServe against open items. • Reconcile bordereaux against cash received and identify variances. • Investigate and resolve unmatched and unallocated cash balances. • Liaise with brokers, clients, and underwriting teams to resolve discrepancies. • Raise journals in RiskServe to reflect adjustments. • Issue PPW invoices following technical processing. • Monitor and clear aged balances over 59 days.
Accounts Payable – Claims
• Process Lloyd’s and LIRMA bureau cash. • Match, allocate, and submit bureau cash entries in RiskServe. • Ensure timely claims payments. • Prepare weekly remittance advices and distribute to agents.
Accounts Payable – Underwriting
• Process non-bureau settlements with underwriters. • Match and allocate underwriting transactions. • Ensure timely settlement of balances.
Reporting & Credit Control
• Produce PPW, aged debt, and unallocated cash reports. • Support debt chasing and escalation. • Perform daily bank reconciliations.
Month-End Responsibilities
• Reconcile cashbooks to bank statements. • Complete bank reconciliations in RiskServe. • Investigate aged debt (59 to 120+ days). • Ensure accurate month-end postings.
Housekeeping & Adhoc
• Maintain contact records. • Ensure audit trails are complete. • Respond to queries promptly. • Audit Support
Skills & Experience
• Experience in IBA or insurance finance role. • Knowledge of Lloyd’s / London Market. • Strong reconciliation skills. • Experience with RiskServe or similar systems. • Strong communication skills.
Key Competencies
• Attention to detail • Strong organization • Proactive approach • Team collaboration
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.