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- Tasks: Support insurance brokers with financial tasks and maintain accounting ledgers.
- Company: IPS Finance has 45 years of experience in Yorkshire's accountancy recruitment market.
- Benefits: Enjoy a remote work setup with occasional travel and competitive salary.
- Why this job: Join a reputable company and gain valuable experience in finance and stakeholder management.
- Qualifications: Experience in IBA Technician roles and knowledge of GXB insurance accounts preferred.
- Other info: Initial 12-month interim position with opportunities for growth.
The predicted salary is between 24000 - 36000 £ per year.
Our client has an immediate requirement for several experienced IBA Technicians to join the business for an initial 12-month interim period. This will be a predominantly remote position with infrequent (quarterly) travel to London required.
As an IBA Technician, you will offer support for insurance brokers across a range of duties including:
- Collection of unpaid monies, ensuring all liabilities are settled within agreed terms.
- Ensure accounting ledgers are maintained and up to date.
- Stakeholder management.
- Ensure outstanding cash under query with underwriters is dealt with and corresponding monthly reports prepared.
- Prepare and dispatch statement of accounts.
- Ensure client money payments to third-party placing brokers are paid promptly and efficiently.
- Prepare bank reconciliations on a regular basis and deal with queries.
- Maintain and monitor the Insurers log on a regular basis.
- Management and minimisation of aged creditors and unallocated cash.
- Investigating queries and amendments with the technical teams.
- Group Experience-Based (GXB) insurance accounts experience would be highly desirable.
Salary: £30,000 - £45,000 (Depending on experience)
Remote Interim IBA Technician in Leeds employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Remote Interim IBA Technician in Leeds
✨Tip Number 1
Familiarise yourself with the specific responsibilities of an IBA Technician. Understanding the nuances of tasks like managing outstanding cash and preparing bank reconciliations will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the insurance and finance sectors, especially those who have experience as IBA Technicians. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on industry trends and changes in regulations that affect insurance brokers. Showing that you are knowledgeable about the current landscape can set you apart from other candidates.
✨Tip Number 4
Prepare for potential remote work challenges by showcasing your ability to manage time effectively and communicate clearly. Highlighting these skills can reassure employers of your capability to thrive in a predominantly remote position.
We think you need these skills to ace Remote Interim IBA Technician in Leeds
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements for the IBA Technician position. Tailor your application to highlight relevant experience in insurance accounting and stakeholder management.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles that involved managing unpaid monies, preparing bank reconciliations, or dealing with queries. Use specific examples to demonstrate your expertise in these areas.
Showcase Technical Skills: Mention any specific software or tools you are proficient in that are relevant to the role, such as accounting software or data management systems. This will help illustrate your capability to maintain and update accounting ledgers effectively.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Make sure to mention your ability to work remotely and your willingness to travel to London as required.
How to prepare for a job interview at IPS Group
✨Understand the Role
Make sure you have a clear understanding of what an IBA Technician does. Familiarise yourself with the key responsibilities mentioned in the job description, such as managing unpaid monies and preparing bank reconciliations. This will help you answer questions confidently and demonstrate your suitability for the role.
✨Showcase Relevant Experience
Prepare to discuss your previous experience related to insurance accounts and stakeholder management. Highlight any specific achievements or challenges you've faced in similar roles, especially if you have Group Experience-Based (GXB) insurance accounts experience, as this is highly desirable.
✨Prepare Questions
Think of insightful questions to ask during the interview. This could include inquiries about the company's culture, the team you'll be working with, or how success is measured in the role. Asking questions shows your interest and helps you assess if the company is the right fit for you.
✨Demonstrate Remote Work Skills
Since this is a predominantly remote position, be ready to discuss your experience with remote work. Talk about how you manage your time, communicate effectively with teams, and stay organised while working from home. This will reassure the interviewer that you can thrive in a remote environment.
