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- Tasks: Join a dynamic team managing financial processes and client accounts.
- Company: Be part of a growing Lloyd's MGA with a commitment to diversity.
- Benefits: Enjoy a supportive work environment with opportunities for growth and development.
- Why this job: Gain valuable experience in finance while working collaboratively in an inclusive culture.
- Qualifications: Must have IBA experience and strong Excel skills, including Pivot Tables and Vlookups.
- Other info: Ideal for those who thrive in teamwork and are eager to improve processes.
The predicted salary is between 36000 - 60000 £ per year.
An opportunity to join a growing Lloyd's MGA. Key responsibilities will include:
- Allocation of receipts and payments
- Supporting the team's month end close process by preparing IBA journals
- Leading credit control for the divisions
- Preparing statements of accounts
- Bank reconciliations
- Producing and submitting bordereaux
- Claims fund reconciliations and payments
- Resolving queries
- Performing client/premium money reconciliations to draw down commission
- Analysing commission collections
- Identifying areas of improvement
The successful candidate will have IBA experience and excellent communication, teamwork, and prioritisation skills. You will also be proficient with Excel (Pivot Tables, Vlookups). Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
IBA Technician in City of London employer: Insight Recruitment Solutions
Contact Detail:
Insight Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Technician in City of London
✨Tip Number 1
Familiarise yourself with the specific IBA processes and terminology used in the Lloyd's market. This will not only help you understand the role better but also demonstrate your commitment and knowledge during any discussions.
✨Tip Number 2
Brush up on your Excel skills, particularly with Pivot Tables and Vlookups. Consider creating a few practice spreadsheets to showcase your proficiency, as this is a key requirement for the role.
✨Tip Number 3
Network with professionals already working in the Lloyd's MGA sector. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could strengthen your application.
✨Tip Number 4
Prepare to discuss your previous IBA experience in detail, focusing on how you've handled credit control, reconciliations, and any improvements you've implemented in past roles. This will show your practical knowledge and problem-solving abilities.
We think you need these skills to ace IBA Technician in City of London
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and required skills. Highlight your IBA experience and proficiency with Excel, as these are crucial for the position.
Tailor Your CV: Customise your CV to reflect relevant experience in IBA and any specific achievements related to credit control, bank reconciliations, or journal preparation. Use keywords from the job description to make your application stand out.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication and teamwork skills. Mention how your background aligns with the company's commitment to diversity and inclusion, and express your enthusiasm for the role.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free of typos, as attention to detail is essential in this role.
How to prepare for a job interview at Insight Recruitment Solutions
✨Showcase Your IBA Experience
Make sure to highlight your previous experience with IBA processes during the interview. Be prepared to discuss specific examples of how you've handled tasks like preparing IBA journals or managing credit control.
✨Demonstrate Excel Proficiency
Since proficiency in Excel is crucial for this role, be ready to talk about your experience with Pivot Tables and Vlookups. You might even want to mention any projects where you used these skills to improve efficiency or accuracy.
✨Emphasise Communication and Teamwork Skills
Given the importance of teamwork in this position, prepare to share examples of how you've successfully collaborated with others. Highlight situations where your communication skills helped resolve issues or improve processes.
✨Prepare for Problem-Solving Questions
Expect questions that assess your ability to resolve queries and identify areas for improvement. Think of scenarios where you've successfully tackled challenges in your previous roles and be ready to explain your thought process.
