IBA Analyst - Established

IBA Analyst - Established

Full-Time 30000 - 40000 £ / year (est.) No home office possible
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Amwins Global Risks

At a Glance

  • Tasks: Join our IBA team to manage premium collections and claims with a focus on accuracy.
  • Company: Amwins Global Risks, a top 10 contributor to Lloyd’s with a global presence.
  • Benefits: Support for professional growth, competitive salary, and a diverse, inclusive workplace.
  • Other info: Dynamic career pathways available for motivated individuals.
  • Why this job: Gain valuable experience in the insurance market while building lasting relationships.
  • Qualifications: Understanding of insurance principles and proficiency in MS Office required.

The predicted salary is between 30000 - 40000 £ per year.

At Amwins Global Risks, we succeed together. We’re forging relationships that are built to last. With over 700 employees around the world and a global footprint across more than 150 countries, we’ve cemented our place as a top 10 contributor to Lloyd’s. Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed and grow. We believe in a flat organisational structure that prizes expertise and relationships equally. We’ve built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace where everyone who works with us can be themselves.

The Opportunity: Our Insurance Broking Accounting (IBA) Team are a central department in the Company and maintaining close relationships with internal divisions and external trading partners. The team are responsible for ensuring prompt collection of premium, payment of claims/refunds, administration of ledgers for payments and receipts and complete detailed analysis of uncollected premiums, cash and funding.

As an Established Technician, you will carry out tasks, routines and procedures with moderate guidance. You will have developed a wider knowledge of policies and procedures, building your understanding of the insurance market as a whole and how it affects your work. You will be able to solve problems through application of your own knowledge and experience. Our defined career pathways give you the opportunity to develop, build your experience and increase your salary. There are opportunities within our business for people with the right skills, behaviours and attitude to build their career and achieve their aspirations.

Responsibilities:

  • Document Creation - Complete standard document templates for distribution both internally and externally without errors.
  • Data Entry - Fully and accurately view, enter, amend, update and submit data onto relevant systems.
  • Managing Information - Create and maintain electronic and paper files.
  • Departmental Reports - Review and update departmental reports taking action as appropriate, in line with procedures.
  • Reconciliation Payments Statements Allocating.

Knowledge/Skills/Qualifications:

  • Understands the principles of insurance.
  • Proficient use of MS Office and relevant computer systems.
  • Developing knowledge of LIMNET, IMR and LORS where required.
  • Knowledge of settlement conditions and implications associated with failure to meet deadlines.
  • May have some knowledge of credit write backs relevant to Legacy work.
  • Understand the link between own role and Technical (Ops).
  • Aware of FCA CASS 5 rules governing insurance broking transactions.

Key Competencies: Accurate Data

IBA Analyst - Established employer: Amwins Global Risks

At Amwins Global Risks, we pride ourselves on being an exceptional employer, fostering a collaborative and inclusive work culture in Cheltenham. Our commitment to professional development ensures that as an IBA Analyst, you will have access to defined career pathways and opportunities for growth, all while working in a supportive environment that values diversity and encourages personal and professional success.
Amwins Global Risks

Contact Detail:

Amwins Global Risks Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land IBA Analyst - Established

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. Building relationships can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their success. This shows you're genuinely interested and ready to be part of the team.

✨Tip Number 3

Practice your pitch! Be ready to explain why you're the perfect fit for the IBA Analyst role. Highlight your skills and experiences that align with what they’re looking for.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining us.

We think you need these skills to ace IBA Analyst - Established

Document Creation
Data Entry
Managing Information
Departmental Reporting
Reconciliation
Proficient use of MS Office
Knowledge of LIMNET
Knowledge of IMR
Knowledge of LORS
Understanding of insurance principles
Knowledge of settlement conditions
Understanding of FCA CASS 5 rules
Attention to Detail
Problem-Solving Skills
Ability to work with minimal supervision

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the IBA Analyst role. Highlight your relevant experience and skills that align with the job description. We want to see how you fit into our team!

Showcase Your Skills: Don’t just list your qualifications; demonstrate how you've used them in real situations. Use examples that reflect your understanding of insurance principles and your proficiency with MS Office and relevant systems.

Be Clear and Concise: When writing your application, keep it straightforward. Avoid jargon and ensure your points are easy to understand. We appreciate clarity and precision, especially in a role that involves managing information.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Amwins Global Risks

✨Know Your Insurance Basics

Make sure you brush up on the principles of insurance and the specific processes related to IBA. Understanding how your role fits into the broader insurance market will show that you're not just knowledgeable, but also genuinely interested in the field.

✨Master the Tech Tools

Familiarise yourself with MS Office and any relevant systems like LIMNET, IMR, and LORS. Being able to demonstrate your proficiency with these tools during the interview can set you apart from other candidates.

✨Showcase Your Attention to Detail

Since the role involves document creation and data entry, be prepared to discuss examples where your attention to detail made a difference. Highlighting your ability to produce error-free documents will resonate well with the interviewers.

✨Emphasise Relationship Building

Insurance is all about relationships, so be ready to talk about how you've successfully built and maintained professional relationships in the past. This will align perfectly with the company's values and their focus on collaboration.

IBA Analyst - Established
Amwins Global Risks
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