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- Tasks: Join our team as an IBA Technician, handling receipts, payments, and month-end processes.
- Company: Be part of a dynamic Lloyd's MGA that's on the rise.
- Benefits: Enjoy flexible working options and great corporate perks.
- Why this job: This role offers hands-on experience in finance with a supportive team culture.
- Qualifications: No specific qualifications required; just a willingness to learn and grow.
- Other info: Perfect for high school and college students looking to kickstart their career in finance.
The predicted salary is between 36000 - 60000 £ per year.
An opportunity to join a growing Lloyd's MGA.
Key responsibilities will include:
- Allocation of receipts and payments
- Supporting the team's month end close process by preparing IBA journals
- Leading credit control for the divisions
- Preparing statements of accounts
- Bank reconciliations
- Producing and submitting bordereaux
- Claims fund reconciliations and payments
- Resolving queries
IBA Technician employer: Insight Recruitment Solutions
Contact Detail:
Insight Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Technician
✨Tip Number 1
Familiarise yourself with the specific processes and terminology used in IBA (Insurance Broker Accounting). Understanding the nuances of receipts, payments, and credit control will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Network with professionals in the insurance and MGA sectors. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your analytical skills, especially in relation to financial statements and reconciliations. Being able to demonstrate your proficiency in these areas will set you apart from other candidates.
✨Tip Number 4
Prepare for potential technical assessments or case studies that may be part of the interview process. Practising how to handle real-life scenarios related to IBA tasks will help you feel more confident and ready to impress.
We think you need these skills to ace IBA Technician
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the IBA Technician position. Familiarise yourself with key responsibilities such as allocation of receipts and payments, preparing IBA journals, and leading credit control.
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities mentioned in the job description. Emphasise your experience with bank reconciliations, claims fund reconciliations, and any previous roles in financial administration.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for the IBA Technician role. Mention specific examples from your past work that demonstrate your ability to handle tasks like producing and submitting bordereaux or resolving queries.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a role involving financial processes.
How to prepare for a job interview at Insight Recruitment Solutions
✨Know Your Numbers
As an IBA Technician, you'll be dealing with financial data regularly. Brush up on your accounting principles and be prepared to discuss how you would handle specific financial scenarios or discrepancies.
✨Familiarise Yourself with Lloyd's Market
Understanding the Lloyd's market is crucial for this role. Research its structure, key players, and recent developments to demonstrate your interest and knowledge during the interview.
✨Prepare for Technical Questions
Expect questions related to IBA processes, such as journal entries and bank reconciliations. Be ready to explain your experience with these tasks and how you ensure accuracy in your work.
✨Showcase Your Problem-Solving Skills
The role involves resolving queries and managing credit control. Prepare examples of past challenges you've faced in similar roles and how you successfully resolved them, highlighting your analytical skills.
