IBA Technician at Brown & Brown Insurance | GBR | Rezi

IBA Technician at Brown & Brown Insurance

IBA Technician

Brown & Brown Insurance · GBR

Today

IBA Technician

Brown & Brown Insurance · GBR

3 hours ago
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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.