At a Glance
- Tasks: Support accounting administration and resolve settlement queries in the insurance sector.
- Company: Join the dynamic Hyperion Insurance Group with a focus on collaboration.
- Benefits: Define your career path with growth opportunities and a supportive team culture.
- Other info: Enjoy a flexible work environment with a commitment to personal development.
- Why this job: Make an impact in a diverse workplace while developing your skills.
- Qualifications: Experience in IBA roles and strong analytical skills are preferred.
The predicted salary is between 30000 - 40000 £ per year.
Role
As an IBA Account Handler, you will play a key role in the Bureau IBA team, providing accounting administration support for specified Business Units within the Hyperion Insurance Group.
Your primary focus will be on ensuring cash matching, account reconciliation, and timely resolution of settlement queries.
Responsibilities
- Plan and lead workloads to meet team and individual goals.
- Provide management information and contribute to project work when required.
- Complete cash matching tasks and release Bureau delinked transactions.
- Process relevant entries on Group company IBA systems.
- Balance accounts with Lloyds, LIRMA, and ILU markets.
- Resolve settlement queries efficiently and maintain up-to-date records.
- Stay informed of regulatory and legal changes that impact your role.
- Develop positive relationships with Business Divisions, suppliers, and markets.
- Respond to internal and external client requirements in a timely and professional manner.
Qualifications
- Previous experience working as an IBA Technician within the insurance market.
- Proven understanding of insurance processes and procedures.
- Strong analytical skills with the ability to manipulate and interpret financial data.
- Excellent attention to detail and interpersonal skills to prioritize tasks.
- Strong verbal and written communication skills to collaborate closely with stakeholders.
- Proactive, self-motivated with ability to work well within a team.
- Proficient in IT, including Microsoft Word, Excel, and Power Point.
- Qualifications: GCSEs (or equivalent), including English.
- Relevant accounting qualifications (e. g., AAT) are desirable but not crucial.
Benefits
- Career that you define with opportunities for growth.
- Diverse and inclusive workplace culture.
- Supportive team environment and focus on collaboration.
- Clear expectations for work-life balance and personal development.
- Reasonable Adjustments
We’re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs.
Accommodations may include software, IT, office setups, flexible hours, and hybrid working arrangements as applicable.
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Contact Details:
Howden Group Services Limited Recruitment Team
We think you need these skills to ace IBA Account Handler in Milton Keynes
Cash Matching
Account Reconciliation
Settlement Query Resolution
Management Information Reporting
Bureau IBA Systems Proficiency
Balancing Accounts with Lloyds, LIRMA, and ILU
Regulatory Knowledge
