IBA Associate

JobsCloseBy Editorial Insights

Lockton is seeking an IBA Associate in Brighton on a hybrid basis to join the Insurance Broker Accounts team, focusing on reconciliation, cash collection and client money controls for a portfolio of client accounts. The role requires accurate credit control, timely query resolution, liaison with clients and internal divisions, and strict compliance with internal procedures and external regulations, underpinned by strong numerical and analytical skills. The ideal candidate will understand FSA client money rules, be proficient in Excel and Lockton systems like Brokasure BE/EA, Power BI, Sector and A4B, and thrive on teamwork and clear, professional communication. To apply, tailor your CV to highlight cash collection, reconciliation outcomes, and regulatory know-how, illustrate right-first-time delivery, and use concrete metrics; emphasize collaboration across stakeholders and readiness to grow with a longstanding, people-focused firm.

---

General information

Reference

003952  

Vacancy location

Location

United Kingdom, Brighton

Work Place

Hybrid

Region

UK

Vacancy details

Job Profile

Lockton - Experienced Professional

Title

IBA Associate

Description

An exciting opportunity has arisen for an analytical individual to join our Insurance Broker Accounts (IBA) team who work closely with Lockton’s clients and insurance underwriters to carry out the reconciliation and management of client money.

This is an excellent role for someone with an interest in finance and a keen eye for detail to join a dynamic and growing business. The successful candidate will demonstrate a high degree of accuracy and initiative and will be an excellent communicator who builds positive and successful relationships with stakeholders.

Based in our Brighton office, you will benefit from the support of a longstanding professional team to support this next stage in your career and professional development.

Key responsibilities include:

• Credit control of an assigned set of client accounts
• Review, diary management and escalation of queries/ differences to the business to ensure timely resolution and ensure cash received is matched in a timely manner
• Acting as liaison for our clients with internal divisional stakeholders
• Reconciliation of accounts
• Managing query escalation to Lockton's broking divisions and within IBA, ensuring compliance with internal procedures and external regulatory requirements
• Complying with internal procedures and external regulatory requirements

Candidate Profile

You should have:

• A good understanding of the general and legal principles applicable to insurance in particular FSA client money rules.
• A working knowledge of the computer desktop software provided by Lockton including Microsoft Office suite, Excel, Brokasure BE/EA, Power BI, Sector and A4B.
• Good numerical ability and an analytical mindset
• Adaptable and change orientated
• Adopts right first-time approach
• Works well as part of a team in support of other team colleagues
• Ability to achieve set individual and team goals and objectives
• Ability to communicate effectively and professionally both verbally and in writing to maintain positive and successful business relationships with Lockton colleagues, our clients, insurers and other third-party providers representing Lockton in the highest professional manner.
• Ability to compile, analyse and interpret financial information and data to facilitate decision making, with excellent attention to detail.
• Analytical and problem-solving skills, including research and investigation.
• Good organisational skills, ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
• An understanding of cash collection/payment processes is desirable (such as general insurance accounting and client invoicing).

 

 

 

About The Position

Since our foundation in 1966 Lockton has grown to become the world’s largest privately held independent broker. Our private ownership allows us to pursue a long-term strategy where our decision-making focuses on our clients, our people, and our communities.

We attract the best professionals to come and work with us who are excited by our unique and caring culture that puts clients first and empowers our people. Our people are our greatest asset, with more than 14,000 Associates in over 120 offices worldwide.