Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Role: IBA Technician (6 month contract) Location: London Salary: negotiable Summary: As the business continues to grow, we are creating a temporary (6-month) IBA Technician position to support the IBA function and help balance the current workload. This role will play an important part in supporting day-to-day operations and ensuring accuracy, efficiency, and service delivery across financial processes.
Key Responsibilities:
Accounts Receivable (Premiums / Cash Application)
- 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.
Accounts Payable – Claims Process
- Lloyds 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.
Accounts Payable – Underwriting Process
- non-bureau settlements with underwriters.
- Match and allocate underwriting transactions.
- Ensure timely settlement of balances.
Reporting & Credit Control
- Produce PPW, aged debt, and unallocated cash reports.
- Support debt chasing and escalation.
- Perform daily bank reconciliations.
Month-End Responsibilities
- Reconcile cashbooks to bank statements.
- Complete bank reconciliations in RiskServe.
- Investigate aged debt (59 to 120+ days).
- Ensure accurate month-end postings.
Housekeeping & Adhoc
- Maintain contact records.
- Ensure audit trails are complete.
- Respond to queries promptly.
Audit Support Skills & Experience
- 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.
Key Competencies
- Attention to detail
- Strong organization
- Proactive approach
- Team collaboration
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates – not employees, and leaders – not managers. Everything we do is about the greater “WE” – never “me”. While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission – always doing what is best for our customers.
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