At a Glance
- Tasks: Manage client accounts, handle payments, and ensure accurate financial reporting.
- Company: Guy Carpenter is a global leader in risk advisory and reinsurance, part of Marsh McLennan.
- Benefits: Enjoy hybrid working, professional development, and a vibrant, inclusive culture.
- Why this job: Gain valuable experience in a progressive role while making an impact in a global business.
- Qualifications: Strong analytical skills, client management experience, and knowledge of accounts and settlements required.
- Other info: Flexible work environment with opportunities for mentorship and career growth.
The predicted salary is between 60000 - 84000 Β£ per year.
Join to apply for the IBA/Credit Control Analyst (Hybrid working) role at Guy Carpenter. Our Client Support Services department have an opportunity for an IBA/Credit Control Analyst with our Fiduciary Team. This is available on a hybrid basis, offering home working for 2 days, with the other 3 days based in our office in Witham.
As an IBA/Credit Control Analyst you will be securing agreement and settlement of balances with our Clients or markets. Handling & allocating payments and receipts for your own clients which includes unique lines of business, programme structures and reinsurance reporting requirements. Whilst a background in Reinsurance/insurance would be ideal, we would also welcome applications from candidates within additional sectors, who are able to demonstrate the required set of transferrable skills.
What can you expect?
- Work with Reinsurance professionals across Witham and London
- Gain significant experience of working within a technical capacity for a Broker
- Apply your experience and further development within a role thatβs truly progressive
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk
We will rely on you to:
- Take responsibility for own workload, including where necessary definition of cases and associated issues.
- Work with a high degree of autonomy in relation to more routine aspects, liaising effectively with senior colleagues where guidance or escalation is required.
- Partner with the Operations Specialists to support with root cause analysis and develop improved process, protocols, and behaviours to improve outcomes in the future.
- Utilise knowledge of processing of premiums and/or loss transactions and associated cash follow up, plus the application and disbursement of funds due.
- Liaise effectively with Client Service Support and Guy Carpenter client facing colleagues where necessary to ensure a coordinated approach is taken.
- Develop and maintain clear working papers supporting investigative work undertaken and/or methodologies used to support conclusions or proposals to senior management such as utilisation of reserves or application of Guy Carpenter credit write back policy and/or processing of complex accounts.
- Support wider CSS activities where required, including but not limited to quarter review of potential financial exposures, delivery of key performance targets or other significant business objectives.
- Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral and timely and accurate system entry of all assigned client activity.
What you need to have:
- Accounts & Settlement knowledge.
- Track record of successful client account management, relationship management, engagement and development.
- Successful management of workload; able to manage expectations of all clients and stakeholders.
- Data management and analytical skills.
- A strong client focus and good at problem solving to reconcile and unravel payment queries.
What makes you stand out:
- Experience of Insurance or Reinsurance accounting and settlement activities.
- Knowledge of Bureau markets.
- Exposure to working with currencies.
- Having provided guidance by mentoring and/or training colleagues.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
IBA/Credit Control Analyst (Hybrid working) employer: Guy Carpenter
Contact Detail:
Guy Carpenter Recruiting Team
reasonableaccommodations@mmc.com
StudySmarter Expert Advice π€«
We think this is how you could land IBA/Credit Control Analyst (Hybrid working)
β¨Tip Number 1
Familiarise yourself with the key responsibilities of the IBA/Credit Control Analyst role. Understanding the nuances of client account management and payment reconciliation will help you speak confidently about your relevant experience during interviews.
β¨Tip Number 2
Network with professionals in the insurance and reinsurance sectors. Engaging with industry contacts can provide insights into the company culture at Guy Carpenter and may even lead to referrals, which can significantly boost your chances of landing the job.
β¨Tip Number 3
Brush up on your analytical skills and data management techniques. Being able to demonstrate your proficiency in these areas during discussions will show that you're well-prepared for the technical aspects of the role.
β¨Tip Number 4
Research Guy Carpenter's recent projects and initiatives. Showing that you understand their business model and how you can contribute to their goals will make you stand out as a candidate who is genuinely interested in the position.
We think you need these skills to ace IBA/Credit Control Analyst (Hybrid working)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in accounts and settlement, client management, and any analytical skills. Use keywords from the job description to demonstrate that you meet the requirements.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the IBA/Credit Control Analyst role specifically at Guy Carpenter. Mention your understanding of the reinsurance industry and how your skills can contribute to their team.
Showcase Transferable Skills: If you don't have direct experience in insurance or reinsurance, emphasise transferable skills from other sectors. Highlight your problem-solving abilities and experience in managing client relationships effectively.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Guy Carpenter
β¨Showcase Your Analytical Skills
As an IBA/Credit Control Analyst, you'll need strong data management and analytical skills. Be prepared to discuss specific examples of how you've used these skills in previous roles, particularly in reconciling payment queries or managing client accounts.
β¨Demonstrate Client Management Experience
Highlight your track record in successful client account management. Share stories that illustrate your ability to engage with clients, manage expectations, and resolve issues effectively, as this is crucial for the role.
β¨Familiarise Yourself with Reinsurance Concepts
While a background in reinsurance is ideal, it's important to show your understanding of the industry. Brush up on key concepts related to reinsurance accounting and settlement activities, as well as any relevant terminology that may come up during the interview.
β¨Prepare for Hybrid Work Discussion
Since this role involves hybrid working, be ready to discuss how you manage your workload effectively both remotely and in the office. Share strategies that demonstrate your ability to work autonomously while still collaborating with colleagues when needed.