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-TimeYour 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

• 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)

• 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