At a Glance
- Tasks: Support cash processing and reconciliation in a fast-paced insurance environment.
- Company: Established Lloyd's broker with a commitment to diversity and inclusion.
- Benefits: In-house training, CPD support, and opportunities for industry development.
- Other info: Collaborative team environment with a focus on professional growth.
- Why this job: Join a dynamic team and enhance your skills in the London insurance market.
- Qualifications: Numerate, accurate, and proficient in Excel and Word; experience in insurance preferred.
The predicted salary is between 30000 - 40000 £ per year.
A well-established Lloyd's broker is looking for an IBA Technician to join its IBA and Credit Control team. Working within a multi-currency and fast-paced environment the successful candidate will support the day-to-day processing and reconciliation of cash receipts and payments across the firm's non-statutory trust accounts.
Responsibilities include:
- Daily bank postings
- Monitoring client and underwriter balances across Lloyd's, LIRMA and ILU accounts
- Assisting with NST payment setup and allocation
- Issuing remittance advice
- Contributing to weekly bank reconciliations and the month-end process
The role suits someone who is highly numerate, accurate under pressure, and comfortable working collaboratively across a small team. Proficiency in Excel and Word is essential. You will already have some experience of working in the London insurance market. Full in-house training is offered, alongside CPD support and relevant industry development opportunities.
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
IBA Technician in Portsmouth employer: Insight Recruitment Solutions Ltd
Join a well-established Lloyd's broker that values its employees and fosters a collaborative work culture. As an IBA Technician, you will benefit from comprehensive in-house training and continuous professional development opportunities, all while working in the dynamic London insurance market. The company is dedicated to diversity and inclusion, ensuring a supportive environment where your contributions are recognised and valued.
Contact Details:
Insight Recruitment Solutions Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land IBA Technician in Portsmouth
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Insight Recruitment Solutions Ltd). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Insight Recruitment Solutions Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace IBA Technician in Portsmouth
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Insight Recruitment Solutions Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Insight Recruitment Solutions Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Insight Recruitment Solutions Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Insight Recruitment Solutions Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Insight Recruitment Solutions Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Insight Recruitment Solutions Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
