Junior Carrier Settlement Specialist in London
Junior Carrier Settlement Specialist

Junior Carrier Settlement Specialist in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
CFC

At a Glance

  • Tasks: Support payment processes and maintain ledger accuracy in a fast-paced finance environment.
  • Company: Join a dynamic finance team in the heart of London.
  • Benefits: Gain hands-on experience, competitive salary, and opportunities for growth.
  • Other info: Collaborative culture with a focus on problem-solving and teamwork.
  • Why this job: Kickstart your finance career while learning from experienced professionals.
  • Qualifications: Organised, detail-oriented, and eager to learn with basic Excel skills.

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

This new Junior IBA Carrier Settlement Junior role will provide an excellent opportunity to gain hands‑on experience in a dynamic and fast‑paced finance environment. As an IBA Carrier Settlement Junior, you will be responsible for supporting the day‑to‑day activities involved with payment bordereau production. This role involves working closely with colleagues to maintain ledger accuracy, resolve queries, and contribute to the smooth operation of the settlement function.

About the role:

  • Ensure paid declarations are issued and settled in bordereau format within tight deadlines.
  • Allocate payments and accounting entries within our financial system.
  • Obtain resolution to queries that arise from submission and payment.
  • Liaise with internal and external stakeholders to resolve financial and regulatory queries.
  • Provide support to colleagues and management.
  • Strong attention to detail and numeracy.

About you:

  • To be considered for this role you will be organised and able to manage multiple tasks under supervision.
  • Willingness to learn and adapt to new systems and processes.
  • Work effectively and collaboratively with colleagues.
  • Proactive and enthusiastic approach to problem‑solving.
  • Intermediate Excel skills.
  • Understanding of IBA accounting or insurance finance operations (preferred).
  • Basic understanding of Lloyd’s market processes (preferred).

Junior Carrier Settlement Specialist in London employer: CFC

As a Junior Carrier Settlement Specialist in our London office, you will thrive in a vibrant finance environment that champions collaboration and professional growth. We offer a supportive work culture with opportunities for skill development, ensuring you gain valuable experience while contributing to our dynamic team. Enjoy the unique advantage of working in one of the world's leading financial hubs, where your contributions directly impact our success.
CFC

Contact Detail:

CFC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Junior Carrier Settlement Specialist in London

✨Tip Number 1

Network like a pro! Reach out to people in the finance industry, especially those who work in IBA or insurance finance. A friendly chat can lead to valuable insights and even job leads.

✨Tip Number 2

Prepare for interviews by brushing up on your Excel skills and understanding of the Lloyd’s market processes. We want you to feel confident and ready to impress when discussing your knowledge during interviews.

✨Tip Number 3

Show off your problem-solving skills! Think of examples from your past experiences where you tackled challenges effectively. This will demonstrate your proactive approach and ability to adapt, which is key for this role.

✨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 keen to join us directly.

We think you need these skills to ace Junior Carrier Settlement Specialist in London

Attention to Detail
Numeracy
Organisational Skills
Time Management
Problem-Solving Skills
Collaboration
Willingness to Learn
Adaptability
Intermediate Excel Skills
Understanding of IBA Accounting
Knowledge of Insurance Finance Operations
Basic Understanding of Lloyd’s Market Processes

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Junior Carrier Settlement Specialist role. Highlight any relevant finance experience, especially if you've worked with payment processes or accounting before.

Craft a Compelling Cover Letter: Use your cover letter to showcase your enthusiasm for the role and the company. Mention why you’re excited about working in a dynamic finance environment and how your proactive approach can contribute to our team.

Show Off Your Excel Skills: Since intermediate Excel skills are a must, consider mentioning specific functions or projects where you've used Excel effectively. This will show us that you're ready to hit the ground running!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process.

How to prepare for a job interview at CFC

✨Know Your Numbers

As a Junior Carrier Settlement Specialist, you'll be dealing with financial data daily. Brush up on your numeracy skills and be prepared to discuss how you handle numbers. Maybe even bring examples of how you've used Excel in past roles or projects.

✨Understand the Basics of IBA Accounting

While it's preferred, having a basic understanding of IBA accounting or insurance finance operations can set you apart. Do some research on these topics before your interview, and be ready to chat about how they relate to the role.

✨Show Your Problem-Solving Skills

This role requires a proactive approach to resolving queries. Think of a time when you faced a challenge at work or school and how you tackled it. Be ready to share this story to demonstrate your problem-solving abilities.

✨Be Ready to Collaborate

Since you'll be working closely with colleagues and stakeholders, highlight your teamwork skills. Prepare examples of how you've successfully collaborated in the past, and express your enthusiasm for working in a team-oriented environment.

Junior Carrier Settlement Specialist in London
CFC
Location: London

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