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