Technician / IBA Associate in London

Technician / IBA Associate in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Gallagher Re

At a Glance

  • Tasks: Oversee financials, ensure accuracy, and support global teams in a dynamic environment.
  • Company: Join Gallagher Re, a leader in reinsurance with a focus on innovation and collaboration.
  • Benefits: Enjoy 25+ days holiday, health plans, life insurance, and exciting career growth opportunities.
  • Other info: Inclusive culture that values diversity and supports your career journey.
  • Why this job: Make a real impact while working with a diverse team and cutting-edge analytics.
  • Qualifications: Experience in IBA and strong communication skills are essential.

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

At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence.

Overview: Are you ready to make a difference? We’re looking for a Technician / IBA Associate to join our team! In this role, you’ll oversee premium, claims, and treaty financials, ensuring accuracy and resolving issues quickly. You’ll also play a key part in supporting technical operations and collaborating with teams across the globe.

How you'll make an impact:

  • Accounting Oversight: Ensure accurate financial accounting for premiums, claims, and treaties. Monitor payments, settlements, and compliance with industry standards.
  • Collaboration & Communication: Work closely with teams in London, India, and other regions to ensure smooth communication and efficient processes.
  • Technical Servicing Support: Help with account setup, premium processing, adjustments, tax compliance, and regulatory requirements.
  • Compliance & Regulatory Support: Ensure trading partners meet sanctions and licensing requirements. Monitor compliance and escalate issues when needed.
  • Process Improvement: Identify ways to improve processes, support automation, and test new systems.

About You:

  • You’ve got experience in insurance or reinsurance (Fac desirable but not essential).
  • You’ve got IBA experience (essential).
  • You’re skilled in Microsoft Word, Excel, and PowerPoint.
  • You understand reinsurance regulations, MRC standards, and Bureau processes.
  • You’re a great communicator and work well with others.
  • You’re eligible to work in the UK.

Compensation and benefits:

  • Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
  • Defined contribution pension scheme, which Gallagher will also contribute to.
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
  • Income protection, we’ll cover up to 50% of your annual income, with options to top up.
  • Health cash plan or Private medical insurance.
  • Other benefits include:
    • Three fully paid volunteering days per year.
    • Employee Stock Purchase plan, offering company shares at a discount.
    • Share incentive plan, HMRC approved, tax effective, stock purchase plan.
    • Critical illness cover.
    • Discounted gym membership, with over 3,000 gyms nationally.
    • Season ticket loan.
    • Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
    • Emergency back-up family care.
    • And many more…

We value inclusion and diversity:

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws.

Technician / IBA Associate in London employer: Gallagher Re

At Gallagher Re, we pride ourselves on being an exceptional employer that champions employee growth and fosters a collaborative work culture. With a commitment to inclusion and diversity, we offer a competitive salary alongside a comprehensive benefits package, including generous holiday allowances, health plans, and opportunities for professional development. Join us in our London office, where your contributions will have a meaningful impact in the dynamic world of reinsurance, supported by a team of dedicated professionals who value innovation and teamwork.

Gallagher Re

Contact Details:

Gallagher Re Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Technician / IBA Associate in London

Tip Number 1

Network like a pro! Reach out to current employees at Gallagher Re on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Technician / IBA Associate role.

Tip Number 2

Prepare for the interview by brushing up on your knowledge of reinsurance regulations and MRC standards. We want to see that you’re not just a great communicator, but also someone who understands the ins and outs of the industry.

Tip Number 3

Show off your problem-solving skills! Think of examples from your past work where you identified process improvements or resolved issues quickly. This will demonstrate your ability to make an impact in the role.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our community at Gallagher Re.

We think you need these skills to ace Technician / IBA Associate in London

Financial Accounting
Premium Processing
Claims Management
Treaty Financials Oversight
Regulatory Compliance
Communication Skills
Collaboration

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Technician / IBA Associate role. Highlight your relevant experience in insurance or reinsurance, especially any IBA experience, and show us how you can contribute to our team.

Showcase Your Skills:We want to see your skills in action! Be sure to mention your proficiency in Microsoft Word, Excel, and PowerPoint. If you have experience with reinsurance regulations and MRC standards, let us know – it’ll make you stand out!

Communicate Clearly:As a great communicator, your written application should reflect that. Keep your language clear and concise, and don’t forget to express your enthusiasm for the role and our mission at Gallagher Re.

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’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Gallagher Re

Know Your Numbers

As a Technician / IBA Associate, you'll be dealing with financials, so brush up on your knowledge of premiums, claims, and treaty financials. Be prepared to discuss how you ensure accuracy in these areas and any relevant experience you have with compliance and regulatory standards.

Showcase Your Collaboration Skills

This role involves working closely with teams across different regions. Think of examples where you've successfully collaborated with others, especially in a technical or financial context. Highlight your communication skills and how you can bridge gaps between teams.

Process Improvement Mindset

Gallagher Re values innovation and efficiency. Come ready to discuss any past experiences where you've identified process improvements or supported automation. Share specific examples of how your contributions led to better outcomes.

Be Curious and Inquisitive

The company appreciates curiosity and a willingness to learn. Prepare questions about the role, the team, and Gallagher Re's approach to reinsurance. This shows you're genuinely interested and eager to contribute to their mission of delivering meaningful impact.