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For Companies At a Glance
- Tasks: Support the IBA Team with reconciliations and premium collections.
- Company: Join a dynamic insurance broker based in Southend-On-Sea.
- Benefits: Gain valuable experience in a supportive team environment.
- Why this job: Perfect for those looking to grow in finance and insurance with hands-on tasks.
- Qualifications: Experience with customer payments, Sage, and IBA systems is essential.
- Other info: Opportunity to learn from a Senior Technician and cover Month End tasks.
The predicted salary is between 30000 - 42000 £ per year.
HFG are currently parting with a Southend based Insurance Broker in search of their next IBA Technician. This role will be to support the IBA Team and assist the Senior IBA Technician with various IBA reconciliations and the collection of premiums from customers, including but not limited to, premium reconciliation, monthly insurer statement, and various brand and insurer reports.
Main responsibilities:
- Taking ownership of the calculating and issuing monthly numbers on the IDOL travel scheme.
- Providing monthly reconciliations on the premiums.
- To learn and be able to cover the Senior IBA Technician with regards to all Month End tasks.
- Daily downloads for SagePay & Pay360.
- Broker Commission Processes.
- Payments to brands & insurers.
- Involvement in internal Project Meetings.
- Various Internal/External Reporting.
- Month End Reporting.
If you are an experienced IBA Technician based in the Essex area and have good experience on customer payments, processes, Sage & IBA systems, please do get in touch.
IBA Technician (Essex) in Southend-On-Sea employer: High Finance (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Technician (Essex) in Southend-On-Sea
✨Tip Number 1
Familiarise yourself with the specific IBA systems mentioned in the job description, such as Sage and Pay360. Having a solid understanding of these platforms will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in IBA roles. Attend local events or join online forums to connect with others who can provide insights or even refer you to opportunities at HFG.
✨Tip Number 3
Brush up on your reconciliation skills, especially in relation to premium collections and monthly reporting. Being able to discuss your experience with these tasks in detail during an interview will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous experiences with customer payments and processes. Highlight any specific achievements or challenges you've overcome in similar roles, as this will showcase your problem-solving abilities and commitment to excellence.
We think you need these skills to ace IBA Technician (Essex) in Southend-On-Sea
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience as an IBA Technician. Focus on your skills in premium reconciliation, customer payments, and familiarity with Sage and IBA systems.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Explain how your previous experience aligns with the tasks of calculating monthly numbers and handling reconciliations.
Showcase Relevant Skills: In your application, emphasise your ability to manage month-end tasks and your experience with internal and external reporting. Mention any specific tools or software you have used that relate to the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects attention to detail, which is crucial for an IBA Technician role.
How to prepare for a job interview at High Finance (UK) Limited
✨Know Your Numbers
As an IBA Technician, you'll be dealing with a lot of financial data. Brush up on your knowledge of premium reconciliations and monthly insurer statements. Be prepared to discuss how you've handled similar tasks in the past.
✨Familiarise Yourself with SagePay & Pay360
Since daily downloads for SagePay and Pay360 are part of the role, make sure you understand how these systems work. If you have experience with them, be ready to share specific examples of how you've used these tools effectively.
✨Demonstrate Team Collaboration
The role involves supporting the IBA Team and participating in internal project meetings. Highlight your teamwork skills and provide examples of how you've successfully collaborated with others in previous roles.
✨Prepare for Month End Tasks
You'll need to learn and cover month-end tasks for the Senior IBA Technician. Familiarise yourself with common month-end processes and be ready to discuss how you manage deadlines and ensure accuracy in your work.
