About the Role
This temporary (6-month) IBA Technician position supports the IBA function, helps balance workload, and plays an important part in day-to-day operations, ensuring accuracy, efficiency, and service delivery across financial processes.
Responsibilities
- 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.
- 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.
- Process non-bureau settlements with underwriters.
- Match and allocate underwriting transactions.
- Ensure timely settlement of balances.
- Produce PPW, aged debt, and unallocated cash reports.
- Support debt chasing and escalation.
- Perform daily bank reconciliations.
- Reconcile cashbooks to bank statements.
- Complete bank reconciliations in RiskServe.
- Investigate aged debt (59 to 120+ days).
- Ensure accurate month-end postings.
- Maintain contact records.
- Ensure audit trails are complete.
- Respond to queries promptly.
- Support audits.
Requirements
- 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.
- Attention to detail.
- Strong organization.
- Proactive approach.
- Team collaboration.
Location
- London
Work Type
- Contract
- Full-time
Salary/Compensations
- Negotiable
About the Company
- Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Equal Opportunity
- We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
