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IBA Accountant
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Senior IBA Accountant
London (4 days in office)
Up to £60,000 + benefits
We are supporting a growing, internationally recognised reinsurance business in their search for a Senior IBA Accountant to join their London-based finance team. This is a fantastic opportunity to join a business with a strong global presence, offering exposure across both UK and overseas finance operations.
Your new company
A rapidly growing and internationally recognised reinsurance business with a strong presence in the London market and a wider global footprint across multiple overseas offices. The firm has built a reputation for its entrepreneurial culture, specialist underwriting capabilities, and continued expansion, making it an exciting time to join. With a collaborative finance function spanning both London and international teams, you will gain exposure to a dynamic and fast-paced environment with real opportunity to add value and drive process improvements.
Your new role
You will play a key role in managing the day-to-day IBA and client money activities, ensuring accuracy, compliance, and strong operational control across the business. Working closely with stakeholders across multiple jurisdictions, this role offers both hands-on responsibility and the chance to influence process improvements within a growing finance function.
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- Ownership of IBA processes including cash allocation, insurer settlements, and client money management
- Performing and reviewing reconciliations across client money and insurer accounts
- Supporting and contributing to Client Money Calculations in line with FCA CASS 5 requirements
- Managing aged balances and resolving unallocated cash issues
- Liaising with brokers, underwriters, and internal finance teams across UK and overseas offices
- Supporting audits and maintaining strong financial controls
- Identifying and implementing process improvements within IBA operations
What you'll need to succeed
- Proven experience within an IBA / Insurance Accounting role
- Background within an insurance broker, MGA, or reinsurance environment
- Confident managing reconciliations, settlements, and stakeholder queries
- Strong attention to detail with a proactive and solutions-focused mindset
- Comfortable working in a fast-paced, international environment
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What you'll get in return
- Hybrid working (4 days in London office)
- Exposure to a global reinsurance finance function
- Opportunity to join a growing and ambitious business
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
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