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Job title: IBA Technician
Salary: £40,000
Location: London/ Hybrid
PURPOSE OF ROLE
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.
KEY RESPONSIBILITIES
- 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.
EXPERIENCE AND 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
KEY SKILLS
- 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
If you have the relevant experience or know someone that does please contact us now on or email us at
