⚡ New

IBA Accountant

Hays

LondonFull-timeMid LevelOn-site

Job Description

Overview

In this role you will lead day-to-day IBA and client money activities within a growing, international reinsurance finance function. You will collaborate with cross‑jurisdictional stakeholders to ensure accurate accounting and strong controls, while driving efficiency improvements. The position offers global exposure and a chance to influence process enhancements in a fast-paced environment.

You will contribute to FCA CASS 5 compliance and resilient financial operations, supporting audits and shaping the future of IBA processes.

Pay / Benefits

  • Hybrid working (4 days in London office)
  • Exposure to a global reinsurance finance function
  • Opportunity to grow with a growing and ambitious business

Responsibilities
  • Own IBA processes including cash allocation, insurer settlements, and client money management
  • Perform and review reconciliations across client money and insurer accounts
  • Support Client Money Calculations in line with FCA CASS 5
  • Manage aged balances and resolve unallocated cash issues
  • Liaise with brokers, underwriters, and internal finance teams across UK and overseas offices
  • Support audits and maintain strong financial controls
  • Identify and implement process improvements within IBA operations

Key requirements
  • Proven experience in an IBA / Insurance Accounting role
  • Background in an insurance broker, MGA, or reinsurance environment
  • Confident managing reconciliations, settlements, and stakeholder queries
  • Strong attention to detail with a proactive, solutions-focused mindset
  • Experience in a fast-paced, international environment
  • communication
  • problem solving
  • collaboration
  • FCA CASS 5 compliance
  • IBA and insurance accounting
  • reconciliations and settlements

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