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- Tasks: Manage bank reconciliations, cash matching, and income ledger administration.
- Company: Join a leading independent Lloyd’s broker known for its market expertise.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a fast-paced team that values your insights and expertise.
- Qualifications: Extensive IBA experience and strong Excel skills are essential.
- Other info: This is a newly created role, perfect for those seeking fresh challenges.
The predicted salary is between 36000 - 60000 £ per year.
A leading independent Lloyd’s broker is recruiting for a Senior IBA Technician to fill a newly created role within their team following a period of sustained growth.
Reporting to the IBA Manager the successful applicant will be responsible for bank reconciliations and cash matching, income ledger administration, preparation and processing of premium, commission and claims payments, monitoring credit risk, funding, unallocated cash, un-forwarded balances and unrealised Brokerage, production of intracompany reports and associated schedules, query resolution in relation to receipts of unexpected or unidentified funds, liaison with international offices providing IBA support plus any other ad hoc duties required when working on a multi-currency and multi company ledger.
Applicants must have extensive previous experience working in an IBA role, have working knowledge of client money rules and legal principles, strong excel skills, and enjoy working in a busy and fast paced environment.
As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance…
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IBA Technician employer: Harrison Holgate
Contact Detail:
Harrison Holgate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Technician
✨Tip Number 1
Familiarise yourself with the specific IBA processes and regulations relevant to the role. Understanding client money rules and legal principles will not only boost your confidence but also demonstrate your commitment to the position during any discussions.
✨Tip Number 2
Brush up on your Excel skills, especially in areas like data analysis and financial modelling. Being able to showcase your proficiency in Excel during interviews can set you apart from other candidates.
✨Tip Number 3
Network with professionals already working in the IBA sector. Engaging with industry contacts can provide valuable insights into the company culture and expectations, which you can leverage in your conversations with us.
✨Tip Number 4
Prepare to discuss your experience in handling multi-currency transactions and managing cash flows. Be ready to share specific examples of how you've successfully navigated similar challenges in previous roles.
We think you need these skills to ace IBA Technician
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an IBA Technician. Familiarise yourself with bank reconciliations, cash matching, and income ledger administration to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your extensive experience in IBA roles. Mention specific tasks you've handled, such as premium processing and query resolution, to demonstrate your suitability for the position.
Showcase Your Skills: Make sure to highlight your strong Excel skills and knowledge of client money rules. Provide examples of how you've used these skills in previous roles to solve problems or improve processes.
Craft a Tailored Cover Letter: Write a compelling cover letter that reflects your passion for the role and the company. Discuss why you enjoy working in a fast-paced environment and how your background aligns with their needs.
How to prepare for a job interview at Harrison Holgate
✨Showcase Your IBA Experience
Make sure to highlight your extensive experience in IBA roles during the interview. Be prepared to discuss specific examples of bank reconciliations, cash matching, and income ledger administration that you've handled in the past.
✨Demonstrate Excel Proficiency
Since strong Excel skills are crucial for this role, consider preparing a few examples of how you've used Excel in your previous positions. You might even want to mention any advanced functions or tools you’re familiar with that could benefit the team.
✨Understand Client Money Rules
Brush up on client money rules and legal principles relevant to the IBA sector. Being able to discuss these topics confidently will show that you are well-prepared and knowledgeable about the industry standards.
✨Prepare for Fast-Paced Scenarios
Given the busy environment mentioned in the job description, think of examples from your past where you successfully managed multiple tasks under pressure. This will demonstrate your ability to thrive in a fast-paced setting.
