At a Glance
- Tasks: Manage client and insurer accounting functions with precision and efficiency.
- Company: Established insurance brokerage in West Kensington with a supportive team culture.
- Benefits: Up to £50,000 salary, flexible benefits, and hybrid working after probation.
- Other info: Dynamic role with opportunities for professional growth and strong team collaboration.
- Why this job: Join a growing company that values work-life balance and career development.
- Qualifications: 5+ years of IBA experience and proficiency in Acturis required.
The predicted salary is between 36000 - 44000 £ per year.
Location: West Kensington, London
Salary: Up to £50,000 base salary (dependent on experience) + Flexible Benefits package & Hybrid after Probation
Role Type: Full-time, Permanent
Key Requirements:
- 5+ years Insurance Broker Accounts experience & Acturis proficiency is essential
About the Role
Are you an experienced Insurance Accounts Technician looking for flexibility, competitive compensation, and a supportive team environment? An established and growing insurance brokerage based in West Kensington is seeking a skilled professional to manage their client and insurer accounting functions.
Key Responsibilities
- IBA Accounting: Managing the Insurer and Client Ledger processes accurately and efficiently.
- Reconciliations: Performing daily bank reconciliations, insurer statement reconciliations, and resolving unallocated cash or discrepancies.
- System Management: Utilising Acturis daily to process payments, credit control, bordereaux, and premium calculations.
- Credit Control: Monitoring outstanding balances, chasing client debt, and maintaining low bad-debt levels.
- Insurer Relations: Processing insurer settlements and maintaining strong working relationships with insurer accounts teams.
- Reporting: Assisting the Finance Manager with month-end reports, IBA audit preparation, and compliance checks.
Requirements & Skills
- Brokerage Experience: 5+ years in a similar Insurance Broker Accounts (IBA) role (Essential).
- Software Skills: Deep operational knowledge of Acturis software (Essential).
- Technical Knowledge: Comprehensive understanding of FCA regulations regarding client money (CASS 5).
- Communication: Strong verbal and written communication skills to liaise with underwriters, clients, and internal teams.
- Location / Travel: Able to commute to Kensington.
What's on Offer?
- Base Salary: Up to £50,000 (DOE).
- Comprehensive Benefits: Tailored flex benefits package including healthcare options, pension.
- Career Growth: Join an established, supportive business that values work-life balance and internal development.
IBA Accounts Technician in City of London employer: Cameron James
Join a leading national insurance broker in Grays, Essex, where your career as a Commercial Insurance Account Handler can truly flourish. With a competitive salary and a comprehensive flexible benefits package, you will enjoy a supportive work culture that prioritises professional growth and development. This role not only offers exposure to diverse commercial risks but also provides clear pathways for career advancement within a respected team.
StudySmarter Expert Advice🤫
We think this is how you could land IBA Accounts Technician in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Cameron James). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Cameron James. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace IBA Accounts Technician in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Cameron James.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Cameron James. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Cameron James
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Cameron James to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Cameron James, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Cameron James's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
