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For Companies At a Glance
- Tasks: Support finance operations and manage IBA accounts in a dynamic insurance firm.
- Company: Growing insurance firm located in the heart of London.
- Benefits: Ongoing development, strong exposure, and a chance to make a meaningful impact.
- Why this job: Join a high-performing team and enhance your finance skills while building relationships.
- Qualifications: Experience in an IBA team and strong communication skills required.
- Other info: Collaborative environment with opportunities for career growth.
The predicted salary is between 28800 - 48000 £ per year.
You will be joining a growing, dynamic insurance firm based in the heart of London, working within their busy finance team as an IBA Technician. In this role, you will provide vital support to the wider finance function, with a particular focus on managing and maintaining IBA accounts. You will play a key role in ensuring accurate financial operations, clear reporting, and smooth client account management, while working closely with colleagues across the business. Reporting directly to the Head of Finance, this position offers strong exposure, ongoing development, and the opportunity to make a meaningful contribution within a high-performing team.
Your new role
- Maintain clear, consistent communication with colleagues, finance teams, and other divisions to ensure accurate and timely record‑keeping.
- Share knowledge and expertise across the department and wider organisation.
- Build and sustain productive working relationships with peers, managers, underwriters, clients, and industry professionals.
- Participate actively in team meetings, updates, and discussions.
- Manage premium collections and process claims payments in line with agreed terms of trade.
- Produce and distribute monthly client statements, reconciling all incoming and outgoing cash.
- Collaborate closely with technical and broking teams to resolve queries and support operational flow.
- Maintain organised and efficient filing systems for the team.
- Escalate issues promptly to senior management to ensure timely resolution.
- Support FCA compliance and internal policies through accurate, complete documentation.
- Follow all relevant Group processes and procedures, including Conduct Rules and Customer's Best Interest obligations.
- Assist with CASS and statutory audit processes when required.
What you’ll need to succeed
- Experience working within an IBA team
- Strong communication skills
What you need to do now
If you’re interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Locations
IBA Technician in City of London, London employer: Hays Accounts and Finance
Contact Detail:
Hays Accounts and Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Technician in City of London, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Show them you’re not just another candidate; you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your communication skills. As an IBA Technician, clear communication is key. Role-play common interview questions with a friend to boost your confidence.
✨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 familiar faces from our community!
We think you need these skills to ace IBA Technician in City of London, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Technician role. Highlight your experience in managing IBA accounts and any relevant finance skills. We want to see how you can contribute to our dynamic team!
Show Off Your Communication Skills: Since strong communication is key for this role, don’t forget to showcase your ability to maintain clear and consistent communication with colleagues and clients. We love seeing examples of how you've built productive relationships in the past!
Be Clear and Concise: When writing your application, keep it clear and concise. We appreciate straightforwardness, so make sure your points are easy to read and get straight to the heart of your experience and skills.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Hays Accounts and Finance
✨Know Your IBA Inside Out
Make sure you brush up on your knowledge of IBA processes and terminology. Being able to discuss your experience with managing IBA accounts confidently will show that you're not just familiar with the role, but that you can hit the ground running.
✨Show Off Your Communication Skills
Since this role involves a lot of collaboration, be prepared to demonstrate your strong communication skills. Think of examples where you've effectively communicated with colleagues or clients to resolve issues or improve processes.
✨Prepare for Team Dynamics
This position requires active participation in team meetings and discussions. Be ready to share your thoughts on how you can contribute to team success and maybe even suggest improvements based on your past experiences.
✨Understand Compliance and Documentation
Familiarise yourself with FCA compliance and internal policies relevant to the role. Being able to discuss how you ensure accurate documentation and adherence to regulations will highlight your attention to detail and commitment to best practices.
