IBA Technician

  • Hays
  • City, London
  • Jun 12, 2026
Full time Banking Finance

Job Description

IBA Accounts Technician London Market CASS 5, Client Money, Reconciliations, Xchanging

Job Title: IBA Accounts Technician Location: London (City) - Hybrid working (4 days office / 1 WFH) Contract: Permanent, Full-Time

Your new company
A growing and highly regarded insurance platform operating within the London Market, supporting MGA and broker operations. The business partners with both start-ups and established market players, providing the infrastructure and operational services required to build and scale successful insurance ventures.You will be joining a collaborative and fast-paced environment with strong exposure to brokers, underwriters, and senior stakeholders across the market.
Your new role
This is a key hire within the finance operations team, focused on delivering accurate and timely IBA processes. You will work closely with both internal teams and external stakeholders, supporting end-to-end client money and credit control activities.Key responsibilities will include:

  • Bank and client money reconciliations
  • Premium reconciliations across multiple schemes
  • Processing collection files and premium returns
  • Preparing and issuing invoices and statements
  • Processing broker commissions and timely transfers to office accounts
  • Managing multi-currency accounts and settlements
  • Supporting the collection of premiums and claims
  • Maintaining accurate and up-to-date accounting records
  • Supporting month-end close and internal reporting
  • Investigating and resolving IBA-related queries
  • Managing aged debt and supporting credit control processes
  • Building relationships with brokers and underwriters

What you'll need to succeed
  • Prior experience in an IBA / insurance accounting role
  • Strong understanding of London Market processes
  • Working knowledge of FCA CASS 5 client money rules
  • Experience handling high-volume reconciliations
  • Strong Excel skills (pivot tables, lookups, data handling)
  • Familiarity with systems such as Xchanging (desirable)

What you'll get in return
  • Competitive salary and benefits package
  • Hybrid working model with flexibility
  • Exposure to a growing and innovative area of the insurance market
  • Strong team environment with opportunities for development
  • Broad role offering end-to-end IBA exposure
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.