At a Glance
- Tasks: Join our IBA team to manage client money and ensure accurate financial reconciliation.
- Company: Lockton, a dynamic insurance brokerage with a focus on client relationships.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career growth in a fast-paced, collaborative setting.
- Why this job: Perfect for finance enthusiasts looking to make an impact in a growing business.
- Qualifications: Experience in insurance, strong numerical skills, and excellent communication abilities.
The predicted salary is between 29700 - 36300 £ per year.
An exciting opportunity has arisen for an analytical individual to join our Insurance Broker Accounts (IBA) team in London 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.
Key responsibilities include:
- Review, diary management and escalation of queries/differences to the business to ensure timely resolution and ensure cash received is matched in a timely manner.
- Acting as liaison for our clients with internal divisional stakeholders.
- Reconciliation of accounts.
- Managing query escalation to Lockton's broking divisions and within IBA, ensuring compliance with internal procedures and external regulatory requirements.
- Complying with internal procedures and external regulatory requirements.
Qualifications
You should have:
- Previous experience of working within the insurance industry with a good understanding of cash collection/payment processes applicable to insurance in particular FSA client money rules.
- A working knowledge of Microsoft Office suite and ideally experience of Brokasure although this is not essential.
- Experience of working within the Transportation sector.
- Good numerical ability and an analytical mindset.
- Adaptable and change orientated.
- Adopts right first-time approach.
- Works well as part of a team in support of other team colleagues.
- Ability to communicate effectively and professionally both verbally and in writing to maintain positive and successful business relationships with Lockton colleagues, our clients, insurers and other third-party providers representing Lockton in the highest professional manner.
- Ability to compile, analyse and interpret financial information and data to facilitate decision making, with excellent attention to detail.
- Good organisational skills, ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
IBA Associate - London employer: Lockton
At Lockton, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. As a Business Analyst/Product Analyst, you will have the chance to work on cutting-edge projects within the insurance industry, supported by a team that values continuous learning and professional growth. Our commitment to employee development, coupled with a dynamic environment in which your contributions directly impact our clients and business, makes Lockton a truly rewarding place to advance your career.
