At a Glance
- Tasks: Manage client accounts, handle payments, and support reinsurance processes.
- Company: Join a leading global risk advisory and reinsurance specialist.
- Benefits: Hybrid work, professional development, and a vibrant inclusive culture.
- Why this job: Make an impact in a collaborative environment while developing your career.
- Qualifications: Experience in accounts management and strong analytical skills required.
- Other info: Opportunities for growth and mentorship in a supportive team.
The predicted salary is between 30000 - 42000 £ per year.
Our Client Support Services department have an opportunity for an IBA/Credit Control Analyst with our Fiduciary Team. This is available on a hybrid basis, offering home working for 2 days, with the other 3 days based in our office in Witham.
As an IBA Accounts Technician/Credit Control Analyst you will be securing agreement and settlement of balances with our Clients or markets. Handling & allocating payments and receipts for your own clients which includes unique lines of business, programme structures and reinsurance reporting requirements.
What can you expect?
- Work with Reinsurance professionals across Witham and London
- Gain significant experience of working within a technical capacity for a Broker
- Apply your experience and further development within a role that’s truly progressive
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk
We will rely on you to:
- Take responsibility for own workload, including where necessary definition of cases and associated issues.
- Work with a high degree of autonomy in relation to more routine aspects, liaising effectively with senior colleagues where guidance or escalation is required.
- Partner with the Operations Specialists to support with root cause analysis and develop improved process, protocols, and behaviours to improve outcomes in the future.
- Utilise knowledge of processing of premiums and/or loss transactions and associated cash follow up, plus the application and disbursement of funds due.
- Liaise effectively with Client Service Support and Guy Carpenter client facing colleagues where necessary to ensure a coordinated approach is taken.
- Develop and maintain clear working papers supporting investigative work undertaken and/or methodologies used to support conclusions or proposals to senior management such as utilisation of reserves or application of Guy Carpenter credit write back policy and/or processing of complex accounts.
- Support wider CSS activities where required, including but not limited to quarter review of potential financial exposures, delivery of key performance targets or other significant business objectives.
- Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral and timely and accurate system entry of all assigned client activity.
What you need to have:
- Accounts & Settlement knowledge.
- Track record of successful client account management, relationship management, engagement and development.
- Successful management of workload; able to manage expectations of all clients and stakeholders.
- Data management and analytical skills.
- A strong client focus and good at problem solving to reconcile and unravel payment queries.
What makes you stand out:
- Experience of Insurance or Reinsurance accounting and settlement activities.
- Knowledge of Bureau markets.
- Exposure to working with currencies.
- Having provided guidance by mentoring and/or training colleagues.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.
Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.
We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
IBA Accounts Technician/Credit Control Analyst in Witham employer: GB001 Marsh Ltd
Contact Detail:
GB001 Marsh Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Accounts Technician/Credit Control Analyst in Witham
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in reinsurance or finance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of accounts and settlement processes. Be ready to discuss your experience with client management and how you've tackled payment queries in the past.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data management to solve problems or improve processes. This will demonstrate your value to potential employers.
✨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 proactive about their job search.
We think you need these skills to ace IBA Accounts Technician/Credit Control Analyst in Witham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Accounts Technician/Credit Control Analyst role. Highlight your relevant experience in accounts and settlement, as well as any client management skills that align with what we're looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your problem-solving skills and experience in insurance or reinsurance accounting.
Showcase Your Analytical Skills: Since data management and analytical skills are key for this position, be sure to include examples of how you've successfully used these skills in past roles. We want to see how you can help us improve processes and outcomes!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it, plus you’ll get all the latest updates from us!
How to prepare for a job interview at GB001 Marsh Ltd
✨Know Your Numbers
As an IBA Accounts Technician/Credit Control Analyst, you'll be dealing with accounts and settlements. Brush up on your numerical skills and be ready to discuss how you've successfully managed client accounts in the past. Prepare specific examples that highlight your analytical skills and problem-solving abilities.
✨Understand the Industry
Familiarise yourself with insurance and reinsurance accounting practices. Research the Bureau markets and be prepared to discuss how your experience aligns with the role. Showing that you understand the nuances of the industry will set you apart from other candidates.
✨Demonstrate Client Focus
This role requires a strong client focus, so think about times when you've successfully managed client relationships. Be ready to share stories that showcase your ability to engage and develop these relationships, as well as how you've handled any payment queries or issues.
✨Prepare for Process Improvement Discussions
The job involves working with Operations Specialists to improve processes. Think about instances where you've contributed to process improvements in your previous roles. Be prepared to discuss your approach to root cause analysis and how you can apply this to enhance outcomes in the future.