⚡ 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
Posted Today