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- Tasks: Support the IBA Operations Team in finance tasks and learn about insurance fund management.
- Company: CFC is an innovative leader in Cyber Insurance, known for its dynamic work culture.
- Benefits: Enjoy a comprehensive training programme and a fun, supportive work environment.
- Why this job: Gain valuable experience in finance while working in a fast-growing, profitable company.
- Qualifications: No prior experience needed; just bring your attention to detail and time management skills.
- Other info: This is a 12-month fixed-term contract with opportunities for growth.
The predicted salary is between 28800 - 43200 £ per year.
IBA Operations Administrator
Department: IBA & Credit Control
Employment Type: Fixed Term – Full Time
Location: GB – London
Reporting To: Kyle Partridge
Description
Have you recently left or are due to leave education with an interest in Administration & Finance? CFC are an innovative Insurance company, and a market leader in Cyber. We’re looking for an entry-level professional to join our Finance department for a 12 moth fixed term contract. This role offers a rare but fantastic opportunity to support the IBA Operations Team in a highly effective Finance function and obtain a real breadth of experience in a highly profitable fast-growing environment. You will be responsible for supporting the line manager in achieving company objectives for this area of the finance function.
About the role
The IBA (Insurance Broking Accounts) function forms part of the Finance team and is responsible for the collection and onward movement of insurance related funds. IBA consists of 30 people and is split into 3 sub teams – Credit Control, IBA Operations and Declarations. This role sits within IBA Ops team who are responsible for collecting insurance premium from our Brokers to ensure, amongst other things, CFC’s cashflow.
About you
Given this is an entry level role, we’re not looking for you to have any experience, though we would love to hear about your keen eye for detail and time management skills. We will provide a comprehensive training programme for your to learn and develop during the 12 month fixed term. If you have experience using Excel that would also be great, but we can teach that too!
Core Values
Love what you do:
We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
Challenge everything:
We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.
Have fun, be good:
Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
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IBA Operations Administrator employer: CFC
Contact Detail:
CFC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Operations Administrator
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly the role of IBA in finance. Understanding how insurance broking accounts work will give you a solid foundation to discuss during your interview.
✨Tip Number 2
Brush up on your Excel skills, as they are mentioned in the job description. Consider taking a short online course or watching tutorials to get comfortable with basic functions and data management.
✨Tip Number 3
Showcase your time management skills by preparing examples of how you've effectively managed multiple tasks or projects in the past. This will demonstrate your ability to handle the responsibilities of the role.
✨Tip Number 4
Emphasise your attention to detail in your conversations. You can mention specific instances where your keen eye for detail has helped you avoid mistakes or improve processes in previous experiences, even if they are from school or internships.
We think you need these skills to ace IBA Operations Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights any relevant skills, especially your attention to detail and time management. Even if you lack direct experience, showcase any academic projects or part-time roles that demonstrate these abilities.
Craft a Compelling Cover Letter: Write a cover letter that expresses your enthusiasm for the role and the company. Mention your interest in administration and finance, and how you align with their core values, such as challenging the status quo and having fun at work.
Highlight Your Willingness to Learn: Since this is an entry-level position, emphasise your eagerness to learn and grow within the role. Mention any relevant coursework or training you've undertaken, particularly in Excel or finance-related subjects.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the IBA Operations Administrator role.
How to prepare for a job interview at CFC
✨Show Your Enthusiasm for Finance
Since this is an entry-level role in the finance department, make sure to express your genuine interest in administration and finance. Talk about what excites you about working in this field and how you see yourself contributing to the team.
✨Highlight Your Attention to Detail
The role requires a keen eye for detail, so be prepared to discuss examples from your education or previous experiences where you demonstrated this skill. Whether it was through projects, assignments, or even personal tasks, showcasing your attention to detail will impress the interviewers.
✨Demonstrate Time Management Skills
Time management is crucial in any administrative role. Share specific instances where you successfully managed multiple tasks or deadlines. This could be during your studies or in extracurricular activities, showing that you can handle the demands of the job.
✨Be Open to Learning
Since the company offers a comprehensive training programme, convey your eagerness to learn and develop new skills, especially in using Excel. Highlight your adaptability and willingness to embrace new challenges, which aligns with the company's core values.
