Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our IBA team to manage client money and strengthen relationships with clients and insurers.
- Company: Dynamic insurance brokerage known for its collaborative culture and growth opportunities.
- Benefits: Gain valuable experience in finance with a competitive salary and professional development.
- Why this job: Perfect for detail-oriented individuals looking to make an impact in the finance sector.
- Qualifications: Experience in IBA, strong numerical skills, and excellent communication abilities.
- Other info: This is a 3-month Fixed Term Contract with potential for growth.
The predicted salary is between 30000 - 42000 £ per year.
An exciting opportunity has arisen for an analytical individual to join our Insurance Broker Accounts (IBA) team – who work closely with Lockton’s clients and insurance underwriters to carry out the reconciliation and management of client money. This is an excellent role for someone with an interest in finance and a keen eye for detail to join a dynamic and growing business. The successful candidate will demonstrate a high degree of accuracy and initiative and will be an excellent communicator who builds positive and successful relationships with stakeholders.
Based in our Brighton office, you will:
- Act as liaison for our clients or insurance underwriters – constantly work to improve and strengthen relationships, and review processes to mutual benefit including instigating key insurer partnership meetings
- Be responsible for the reconciliation of accounts by working with clients to ensure funds are collected, and ability to work efficiently in a fast-paced environment
- Have responsibility for making premium payments (PPWs) to insurance underwriters to deadlines
- Manage query escalation to Lockton’s broking divisions and within IBA, ensuring compliance with internal procedures and external regulatory requirements
- Maintain tracking systems and reports, and ensure accurate data and record management
You should have the following experience:
- Previous experience of working within IBA.
- Good numerical ability and an analytical mindset
- Ability to compile, analyse and interpret financial information and data to facilitate decision making, with excellent attention to detail
- An effective communicator, with the ability to build and maintain positive and successful business relationships with Lockton colleagues, our clients and insurers
- Ability to manage time, prioritise and ensure that deadlines are met without compromising quality
- Excellent knowledge of the Microsoft Office suite, including Excel
- Experience of working with Brokasure (desirable)
- An understanding of cash collection/payment processes such as general insurance accounting and client invoicing
Please note this is a 3 month Fixed Term Contract.
IBA Associate in Brighton employer: Lockton
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Associate in Brighton
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to the IBA team. This shows you're genuinely interested and ready to hit the ground running.
✨Tip Number 3
Practice your communication skills! Whether it's answering common interview questions or discussing your experience, being articulate and confident will help you stand out as an excellent communicator.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're keen on joining our dynamic team at Lockton.
We think you need these skills to ace IBA Associate in Brighton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Associate role. Highlight your experience in finance and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in the role and how your background makes you a great fit. Don’t forget to mention your analytical mindset and attention to detail!
Showcase Your Communication Skills: Since this role involves liaising with clients and underwriters, make sure to demonstrate your communication skills in your application. We love candidates who can build positive relationships, so share examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our dynamic team!
How to prepare for a job interview at Lockton
✨Know Your Numbers
Since this role requires a good numerical ability and analytical mindset, brush up on your financial knowledge. Be prepared to discuss how you've handled financial data in the past, and maybe even bring examples of reports or analyses you've done.
✨Build Relationships
As an IBA Associate, you'll need to communicate effectively with clients and underwriters. Think about times when you've successfully built relationships in previous roles. Share these experiences during the interview to demonstrate your interpersonal skills.
✨Showcase Your Attention to Detail
Accuracy is key in this position. Prepare to discuss specific instances where your attention to detail made a difference in your work. You might even want to mention any tools or methods you use to ensure accuracy in your tasks.
✨Familiarise Yourself with Compliance
Understanding compliance and regulatory requirements is crucial for this role. Do some research on the relevant regulations in the insurance industry and be ready to talk about how you've ensured compliance in your previous positions.
