IBA Manager

Posted 5 Days Ago
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Milton Keynes, Buckinghamshire, England, GBR
In-Office
Entry level
Insurance
The Role
Manages a team of Finance Technicians responsible for insurance broking accounts. Oversees cash matching, payment requests, ledger reconciliations, accounting administration, stakeholder relationships, regulatory compliance, performance reporting, and process improvement across multiple sites. Supports team development, operational efficiency, business growth, and IBA management initiatives.
Summary Generated by Built In
Who are we?

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

The role 

The IBA Manager is a manager’s position supervising operations related to Insurance Broking Accounts (IBA), responsible for managing a team of Finance Technicians handling retail insurance markets.


The role combines people leadership, operational management, technical IBA expertise, collaborator management, reconciliations, aligning cash flows and ongoing improvement of processes.  


What you'll be doing 

  • Lead, empower and develop an IBA team across multiple sites, ensuring team proficiency, appropriate training and effective performance management 
  • Deliver accurate and timely accounting administration services within agreed service standards 
  • Lead all aspects of cash matching, IBA payment requests and entries within IBA accounting systems 
  • Reconcile accounts with insurers, markets and clients, investigating and resolving queries promptly 
  • Build and maintain positive relationships with Business Units, underwriters, trading venues and suppliers  
  • Respond to stakeholder requirements expertly and deliver high levels of customer service 
  • Ensure adherence to company policies, procedures and regulatory requirements 
  • Monitor team performance and operational metrics, providing management information, reporting and analysis 
  • Lead team meetings and contribute to wider IBA management, projects and change initiatives 
  • Support business growth through operational efficiency, continuous improvement in execution and the sharing of best practice 

Who we're looking for 

  • Previous experience as a Finance Technician or similar accounting role 
  • Experience balancing ledgers and accounts 
  • Experience supervising or leading staff 
  • Performance and absence management experience, with the ability to drive accountability and results 
  • Strong understanding of IBA protocols and guidelines  
  • Ledger reconciliation, cash matching and payment processing knowledge 
  • A customer-focused approach and strong interpersonal skills 
  • Ability to establish links across multiple business areas 
  • Understanding of insurance market processes and procedures is desirable 

Qualifications 

  • GCSEs (or equivalent), including English and Maths 
  • An AAT qualification or other relevant accounting qualification is desirable 
  • Strong written and verbal English and numeracy relevant to the role 
What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new

  • We support each other in the small everyday moments and the bigger challenges

  • We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.  Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Permanent

Skills Required

  • Previous experience as a Finance Technician or in a similar accounting role
  • Experience balancing ledgers and accounts
  • Experience supervising or leading staff
  • Performance and absence management experience
  • Strong understanding of IBA protocols and guidelines
  • Knowledge of ledger reconciliation, cash matching, and payment processing
  • Strong customer-focused and interpersonal skills
  • Ability to establish relationships across multiple business areas
  • Understanding of insurance market processes and procedures
  • GCSEs or equivalent, including English and Maths
  • AAT or other relevant accounting qualification
  • Strong written and verbal English and numeracy skills
Am I A Good Fit?
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The Company
Minneapolis, Minnesota
658 Employees
Year Founded: 2008

What We Do

The global reinsurance broker and risk, capital, and strategic advisor focused on relentless innovation and superior analytics for top client service. Part of Howden

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