At a Glance
- Tasks: Support insurance placements and manage premium and insurer accounting activities.
- Company: Established specialist insurance business with a dynamic team.
- Benefits: Competitive salary, hybrid working, and professional development opportunities.
- Other info: Great career progression and exposure to diverse insurance portfolios.
- Why this job: Join a collaborative environment and make an impact in the insurance industry.
- Qualifications: Experience in Insurance Broking Accounts and strong attention to detail.
The predicted salary is between 30000 - 40000 £ per year.
An established and growing specialist insurance business is seeking an experienced IBA Technician to join its operations team. This role offers the opportunity to work within a dynamic environment supporting specialist insurance placements and ensuring the smooth administration of premium and insurer accounting activities.
The successful candidate will play a key role in maintaining accurate financial records, supporting brokers and operational teams, and ensuring timely settlement of accounts.
Key Responsibilities:- Processing premiums, commissions, fees, and insurer settlements.
- Reconciling client and insurer accounts and resolving discrepancies.
- Monitoring outstanding balances and supporting credit control activities.
- Producing and maintaining accounting reports and bordereaux.
- Managing accounting queries from internal and external stakeholders.
- Ensuring accurate record keeping across internal systems.
- Supporting month-end reporting and audit requirements.
- Maintaining compliance with regulatory and internal procedures.
- Assisting with process improvements and operational efficiencies.
- Essential: Previous experience within an Insurance Broking Accounts (IBA) function.
- Strong understanding of insurance accounting processes and reconciliations.
- Excellent attention to detail and numerical accuracy.
- Strong organisational and administrative skills.
- Good working knowledge of Microsoft Excel.
- Ability to manage multiple priorities and meet deadlines.
- Desirable: Experience within a specialist, wholesale, or London Market insurance environment.
- Knowledge of bordereaux production and insurer settlements.
- Familiarity with insurance broking or accounting systems.
- Understanding of FCA and client money regulations.
- Competitive salary and benefits package.
- Hybrid working arrangements.
- A supportive and collaborative working environment.
- Opportunities for professional development and career progression.
- Exposure to a varied and interesting portfolio of specialist insurance business.
Insurance Broking Accounts Technician in Slough employer: JSS
Join a leading specialist insurance business that values its employees and fosters a collaborative work culture. With competitive salaries, hybrid working arrangements, and ample opportunities for professional development, this role as an Insurance Broking Accounts Technician offers a rewarding career path in a dynamic environment. Experience the satisfaction of contributing to a varied portfolio of specialist insurance while enjoying a supportive atmosphere that prioritises employee growth.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Broking Accounts Technician in Slough
✨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 JSS). 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 JSS. 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 Insurance Broking Accounts Technician in Slough
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 JSS.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at JSS. 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 JSS
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at JSS 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 JSS, 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 JSS'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.
