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IBA Technician

https://www.lawesrecruitment.co.uk Logo

Lawes Consulting Group

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Location:
United Kingdom , London

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Category:
Insurance

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Contract Type:
Not provided

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Salary:

40000.00 GBP / Year
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Job Description:

We are currently recruiting for a Lloyds Broker providing specialist insurance across a range of sectors. As an IBA Technician you will be responsible for the full IBA function, ensuring that all information is accurate, and work is carried out in a timely and efficient manner. You will play a pivotal role in bridging the gap between multiple departments and making sure all queries are dealt with.

Job Responsibility:

  • Responsible for the collection and management of outstanding debt
  • Responsible for the balancing of cashbooks for Premium Bank Accounts
  • Render any statements in a timely fashion
  • To allocate receipts and payments posted, investigate differences and liaise with the technical team and brokers
  • Ledger reconciliations and deal with queries
  • Maintain and monitor the Insurers log on a regular basis
  • To work closely with the technical divisions to perform credit control functions
  • Preparation of the Monthly Premium Paid Bordereaux
  • Agreement and settlement of the bordereaux
  • including investigating queries and amendments with the technical teams

Requirements:

  • Previous experience within a similar IBA Technician role
  • Strong understanding of IBA and Insurance
  • Ability to investigate and resolve complex queries efficiently
  • Excellent communication skills, with the ability to liaise confidently across multiple departments
  • Ability to manage multiple tasks and deadlines effectively
  • Experience of working within a Lloyds Broker or similar environment would be advantageous

Nice to have:

  • Experience of using all Microsoft Office packages
  • Ideally will have advanced knowledge of Excel
  • Timely Decision Making
  • Able to organise self, plan workload and meet deadlines

Additional Information:

Job Posted:
April 24, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
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