At a Glance
- Tasks: Manage insurance accounting, credit control, and client money processes in a dynamic team.
- Company: Respected specialist insurance business with a strong reputation for client service.
- Benefits: Competitive salary, hybrid working, generous holiday, and private medical insurance.
- Other info: Great opportunities for career development and a supportive work environment.
- Why this job: Join a collaborative team and make a real impact in the insurance industry.
- Qualifications: Experience in insurance finance and strong attention to detail required.
The predicted salary is between 35000 - 45000 £ per year.
We're working with a highly respected specialist insurance business that has built an outstanding reputation for handling complex risks and delivering exceptional client service. As the business continues to grow, they're looking to strengthen their Insurance Broking Accounts (IBA) team with the addition of an experienced IBA Technician.
This is an excellent opportunity for someone who enjoys working within a fast-paced insurance environment and wants to play a key role in ensuring the smooth running of premium processing, client money activities, credit control and insurer accounting processes. You'll join a collaborative, knowledgeable team of 12, where your expertise will be valued, and you'll have the opportunity to contribute to projects, process improvements and wider business initiatives.
The Role
As an IBA Technician, you'll manage your own portfolio of responsibilities across a range of insurance accounting functions while acting as a key point of contact for internal stakeholders, insurers and clients.
Key Responsibilities
- Managing insurer and client accounting activities
- Credit control and debt management
- Lloyd's submissions and bureau processing
- Bordereaux production and management
- Resolving accounting and payment queries
- Supporting client money processes
- Assisting with audits, projects and business integrations
- Identifying opportunities to improve processes and efficiencies
- Building strong working relationships across the business
What We're Looking For
- Previous experience within an Insurance Broking Accounts (IBA) or insurance finance environment
- Good understanding of insurance accounting processes and client money handling
- Bordereaux and bureau experience would be advantageous but is not essential
- Strong attention to detail and accuracy
- Excellent communication and stakeholder management skills
- Ability to prioritise workloads and work independently
- Competent user of Microsoft Office and financial systems
- Understanding of regulatory and compliance requirements within insurance
What's on Offer
- Salary of £35,000 - £45,000 depending on experience
- Hybrid working model (3 days in the London office)
- 25 days holiday plus an additional half-day during your birthday month
- Private medical insurance
- Company pension scheme
- Life assurance
- Income protection cover
- Enhanced sick pay
- Charity and volunteering days
- Supportive and collaborative working environment
- Opportunities for career development and progression
If you're an experienced IBA professional looking for your next challenge within a successful and growing insurance organisation, we'd love to hear from you.
Senior IBA Technician in London employer: CKB Recruitment Ltd
Join a highly respected specialist insurance business in London, where you'll thrive in a supportive and collaborative environment that values your expertise as a Senior IBA Technician. With a hybrid working model, generous benefits including private medical insurance and enhanced sick pay, and ample opportunities for career development, this is an excellent place to advance your career while contributing to meaningful projects in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior IBA Technician in London
✨Network Like a Pro
Get out there and connect with people in the insurance industry! Attend events, join online forums, or even reach out to former colleagues. Building relationships can lead to job opportunities that aren't even advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in IBA and any specific skills you have. Talk about how you've improved processes or resolved issues in the past – it shows you're proactive and results-driven!
✨Prepare for Interviews
Do your homework on the company and the role before the interview. Be ready to discuss how your background fits their needs, especially around premium processing and client money activities. Confidence is key, so practice your answers!
✨Apply Through Our Website
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Senior IBA Technician in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your previous experience in insurance broking accounts and any relevant achievements to show us why you're the perfect fit for the Senior IBA Technician role.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us about your passion for the insurance industry and how your background aligns with our needs. Be sure to mention your understanding of insurance accounting processes and any relevant projects you've worked on.
Showcase Your Attention to Detail:As an IBA Technician, accuracy is key. In your application, provide examples of how you've demonstrated strong attention to detail in past roles. This will help us see that you can handle the complexities of premium processing and client money activities.
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. Plus, it shows us you're keen to join our team!
How to prepare for a job interview at CKB Recruitment Ltd
✨Know Your Numbers
As a Senior IBA Technician, you'll be dealing with a lot of financial data. Brush up on your insurance accounting processes and be ready to discuss specific examples from your past experience. This will show that you understand the intricacies of the role and can handle the responsibilities.
✨Showcase Your Communication Skills
You'll need to build strong relationships with internal stakeholders, insurers, and clients. Prepare to share examples of how you've effectively communicated in previous roles, especially when resolving accounting queries or managing credit control. This will highlight your stakeholder management skills.
✨Demonstrate Process Improvement Mindset
The company values efficiency and process improvements. Think of instances where you've identified opportunities for better practices in your previous roles. Be ready to discuss these during the interview to show that you're proactive and can contribute to their ongoing projects.
✨Familiarise Yourself with Regulatory Requirements
Understanding compliance is crucial in the insurance industry. Brush up on the relevant regulatory requirements and be prepared to discuss how you've navigated these in your past roles. This will demonstrate your knowledge and commitment to maintaining high standards in your work.
