Designation

Senior Executive - IBA

Work Location

Noida (WFO)

Reports to

Manager

Department

FA

Position Overview

We are seeking an experienced IBA qualified with robust UK insurance accounting expertise. The role involves managing cash applications, collections, insurer reconciliations, and preparing bordereaux and client money calculations. The ideal candidate will ensure accurate financial processing, compliance with regulatory standards, and timely delivery of broker-related financial operations.

Essential Duties and Responsibilities
Debtor and Creditor Ageing
Bank reconciliation
Process and apply incoming cash receipts accurately across client and insurer accounts.
Manage collections and follow up on outstanding balances with insurers and clients.
Perform insurer statement reconciliations and resolve discrepancies.
Prepare and review bordereaux reports and calculate client money positions in line with UK regulations.
Ensure compliance with broker trust account rules and IBA accounting standards.
Support month-end close activities and maintain accurate financial records.




Collaborate with internal teams and external stakeholders to ensure smooth financial soperations.
Maintain process documentation and support internal/external audits.
Track and meet SLA/KPI targets consistently.
System experience - Acturis, WebSure, BrokerSure, LexisNexis
Knowledge of Broker vs Sub-Broker, Wholesale vs Retail Broker

Skills Experience
2+ Year(s) of Strong knowledge of UK IBA accounting and broker operations.
Experience in cash applications, insurer reconciliations, collections and bordereaux preparation.
Familiarity with client money rules and insurer statement handling.
Proficient in Excel and financial systems; robust communication and problem-solving skills
Client Money Calculation experience is preferred

Education -- B.Com / MBA / M.Com Shift Time - 12:30 PM to 10:00 PM IST/1:30 to 11:00 PM IST

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Senior Executive Iba Noida
🏢 QX Global Group
📍 Noida