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For Companies At a Glance
- Tasks: Support financial processing and claims management in a fast-paced finance environment.
- Company: Join a dynamic finance team with a focus on operational efficiency.
- Benefits: Gain hands-on experience, develop skills, and enjoy a supportive work culture.
- Why this job: Kickstart your career in finance while making a real impact on operations.
- Qualifications: Exposure to IBA accounting or financial operations is desirable.
- Other info: Collaborative team environment with opportunities for learning and growth.
The predicted salary is between 36000 - 60000 £ per year.
This new IBA Operations Technician role will provide an excellent opportunity to gain hands-on experience in a dynamic and fast-paced finance environment. As an IBA Operations Technician, you will support the IBA Operations Team in delivering accurate and timely financial processing, including claims money management, reconciliations, and reporting. You will work closely with senior team members to ensure operational efficiency and compliance with internal procedures.
About the role
The IBA Operations Technician will be responsible for assisting with the administration of loss and non-loss fund monies, including setting up online payments and performing associated tasks such as cash posting and allocation. Other responsibilities will include but are not limited to:
- Support daily claims reconciliations between carrier and internal systems.
- Help maintain accurate records of bank transactions and assist in regular reconciliations.
- Assist in processing third-party commissions and resolving basic anomalies.
- Support premium reconciliation activities, ensuring consistency between underwriting and accounting systems.
- Maintain accurate documentation and assist in updating training materials.
- Participate in team meetings and contribute to continuous improvement initiatives.
About you
To be considered for this IBA Operations Technician you must have experience or exposure to IBA accounting or financial operations within the insurance industry is desirable. You will also have experience with:
- Familiarity with basic reconciliation processes and financial documentation.
- Understanding of claims money management and bank account operations is a plus.
- Strong attention to detail and numeracy.
- Good communication and interpersonal skills.
- Ability to work effectively as part of a team.
- Willingness to learn and adapt to new systems and processes.
- Organised and able to manage multiple tasks under supervision.
- Proactive and enthusiastic approach to problem-solving.
IBA Operations Technician - 12 Month FTC employer: CFC
Contact Detail:
CFC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Operations Technician - 12 Month FTC
✨Tip Number 1
Network like a pro! Reach out to people in the finance and insurance sectors, especially those who work in IBA operations. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of claims money management and reconciliation processes. We recommend practising common interview questions and having examples ready that showcase your attention to detail and teamwork skills.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that excite you and match your skills. Tailor your approach to each application to stand out!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace IBA Operations Technician - 12 Month FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IBA accounting or financial operations. We want to see how your skills match the role, so don’t be shy about showcasing your familiarity with reconciliation processes and claims money management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about the IBA Operations Technician role and how your background makes you a great fit. We love enthusiasm, so let your personality come through!
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to your experience and skills. Avoid jargon unless it’s relevant to the role!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at CFC
✨Know Your Numbers
Brush up on your understanding of basic reconciliation processes and financial documentation. Be ready to discuss how you've handled similar tasks in the past, as this role requires a strong attention to detail and numeracy.
✨Show Your Team Spirit
This position involves working closely with senior team members, so highlight your ability to collaborate effectively. Share examples of how you've contributed to team success in previous roles, showcasing your good communication and interpersonal skills.
✨Be Proactive
Demonstrate your proactive approach to problem-solving during the interview. Think of instances where you identified issues and took the initiative to resolve them, especially in a finance or operational context.
✨Ask Smart Questions
Prepare thoughtful questions about the IBA Operations Team and their processes. This shows your genuine interest in the role and helps you understand how you can contribute to continuous improvement initiatives within the team.
