IBA Claims Technician ( 12 MFTC )
IBA Claims Technician ( 12 MFTC )

IBA Claims Technician ( 12 MFTC )

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Take charge of critical projects to clear claim transactions and ensure smooth operations.
  • Company: Join Lockton, a leading insurance firm with a supportive team culture.
  • Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
  • Why this job: Make a real difference in the insurance industry while developing your skills.
  • Qualifications: Experience in insurance claims and strong analytical skills are a plus.
  • Other info: Dynamic role with excellent career advancement potential.

The predicted salary is between 36000 - 60000 £ per year.

Lockton has a great opportunity for an experienced IBA Claims Technician to join our ever-growing team in the city.

Role Responsibilities

  • Primary ownership of a time critical project to clear open (marine & non-marine) claim transactions on the ledger.
  • Ability to understand & interrogate ledger transactions contained within Brokasure Desktop (BD).
  • Perform data entry within BD to update the ledger as & where required.
  • Undertake credit control actions; liaising closely with both IBA, placing, claims & legal teams.
  • Utilise market experience to identify actions necessary to progress each ledger item through to resolution.
  • Routinely analyse the data set; undertake and communicate a strategy aimed at removing transactions and which performs to project deadlines.
  • Interact with internal systems to create claim files, perform document searches, and adhere to pre-defined actions / workflow processes.
  • Engage with internal & external stakeholders to resolve queries / challenges arising.
  • Capture actions taken to record progress. Report to Head of Transportation Claims & Transportation Operations Lead on a weekly basis.
  • Preparation of monthly statistical reporting for presentation / consideration by the Executive Committee members.
  • Ability to work independently, notwithstanding full support provided.

Candidate Profile

  • Familiarity with insurance market general claim practices.
  • Familiarity of working with ledgers / allocation of funds / IBA teams.
  • Experience of previous IBA / technical processing roles would be advantageous.
  • Demonstrate an analytical mindset in identifying and pursuing necessary actions.

IBA Claims Technician ( 12 MFTC ) employer: Lockton

Lockton is an exceptional employer that fosters a collaborative and dynamic work culture, making it an ideal place for an IBA Claims Technician to thrive. With a strong emphasis on employee growth and development, Lockton offers comprehensive training and mentorship opportunities, ensuring that team members can advance their careers while contributing to meaningful projects in the heart of the city. The company's commitment to innovation and excellence, combined with its supportive environment, makes it a rewarding workplace for those seeking to make a significant impact in the insurance industry.
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Contact Detail:

Lockton Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land IBA Claims Technician ( 12 MFTC )

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching Lockton and understanding their values and projects. Tailor your responses to show how your experience with IBA claims aligns with their needs. We want to see that you’re genuinely interested!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or family, focusing on common questions related to claims processing and ledger management. This will help you feel more confident when it’s your turn to shine.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace IBA Claims Technician ( 12 MFTC )

Data Entry
Ledger Management
Credit Control
Interrogation of Ledger Transactions
Analytical Mindset
Stakeholder Engagement
Document Management
Statistical Reporting
Insurance Market Knowledge
Technical Processing
Project Management
Communication Skills
Problem-Solving Skills
Independence

Some tips for your application 🫡

Show Off Your Experience: Make sure to highlight your previous experience in IBA or technical processing roles. We want to see how your background aligns with the responsibilities of the Claims Technician position, so don’t hold back!

Be Clear and Concise: When filling out your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point.

Tailor Your Application: Take a moment to customise your application for this role. Mention specific skills or experiences that relate to the job description, like your familiarity with Brokasure Desktop or your analytical mindset.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Lockton

✨Know Your Ledger Inside Out

Make sure you’re familiar with how ledger transactions work, especially within Brokasure Desktop. Brush up on your understanding of marine and non-marine claims, as this will show that you can hit the ground running.

✨Show Off Your Analytical Skills

Prepare to discuss how you've used your analytical mindset in previous roles. Think of specific examples where you identified issues and implemented strategies to resolve them, as this is key for the role.

✨Engage with Stakeholders

Be ready to talk about your experience liaising with different teams, like IBA, claims, and legal. Highlight how you’ve successfully resolved queries or challenges in the past, as collaboration is crucial in this position.

✨Prepare for Statistical Reporting

Since you'll be preparing monthly reports, it’s a good idea to brush up on your data analysis skills. Think about how you can present data clearly and effectively, as this will impress the interviewers.

IBA Claims Technician ( 12 MFTC )
Lockton
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  • IBA Claims Technician ( 12 MFTC )

    Full-Time
    36000 - 60000 £ / year (est.)
  • L

    Lockton

    1000+
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