Insurance Broking Accounts Technician

Location: London (Hybrid, 2-3 days in office)

The Role

A growing Lloyd’s/London Market insurance business is seeking an IBA Technician to join their finance team on a six-month contract. You will help clear an operational backlog and support a wider transformation project, with genuine scope to help reshape how the IBA function operates.

Key Responsibilities

• Match and allocate daily cash receipts, reconcile bordereaux and investigate variances.
• Liaise with brokers, clients and underwriters to resolve discrepancies, raise adjusting journals, and issue PPW invoices.
• Manage Accounts Payable tasks, including bureau cash entries and weekly remittance advices.
• Ensure the timely settlement of underwriting transactions.
• Produce aged debt and unallocated cash reports.
• Perform daily bank reconciliations and support month-end postings, maintaining a clear audit trail.
• Take ownership of day-to-day IBA activity and support resolution of the backlog.

About You

• Strong IBA background with solid bordereaux processing experience.
• Sound knowledge of the Lloyd’s/London Market.
• Experience across a full IBA function.
• Confident and personable, with the ability to constructively challenge where needed.
• Strong stakeholder management skills, with the ability to build effective relationships across brokers, producers and internal teams.
• Comfortable taking ownership and integrating into an established team.

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