At a Glance
- Tasks: Manage client accounts, handle payments, and ensure accurate financial reporting.
- Company: Join a global leader in risk management and reinsurance solutions.
- Benefits: Hybrid work model, professional development, and a supportive team culture.
- Why this job: Gain valuable experience in finance while making a real impact in a dynamic environment.
- Qualifications: Knowledge of accounts, strong analytical skills, and a client-focused mindset.
- Other info: Opportunities for career growth and a vibrant, inclusive workplace.
The predicted salary is between 36000 - 60000 £ per year.
Our Client Support Services department have an opportunity for an IBA/Credit Control Analyst with our Fiduciary Team. This is available on a hybrid basis offering home working for 2 days with the other 3 days based in our office in Witham.
As an IBA Accounts Technician/Credit Control Analyst you will be securing agreement and settlement of balances with our Clients or markets. Handling & allocating payments and receipts for your own clients which includes unique lines of business programme structures and reinsurance reporting requirements.
What can you expect:
- Work with Reinsurance professionals across Witham and London
- Gain significant experience of working within a technical capacity for a Broker
- Apply your experience and further development within a role that's truly progressive
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk
We will rely on you to:
- Take responsibility for own workload including where necessary definition of cases and associated issues.
- Work with a high degree of autonomy in relation to more routine aspects liaising effectively with senior colleagues where guidance or escalation is required.
- Partner with the Operations Specialists to support with root cause analysis and develop improved process protocols and behaviours to improve outcomes in the future.
- Utilise knowledge of processing of premiums and/or loss transactions and associated cash follow up plus the application and disbursement of funds due.
- Liaise effectively with Client Service Support and Guy Carpenter client facing colleagues where necessary to ensure a coordinated approach is taken.
- Develop and maintain clear working papers supporting investigative work undertaken and/or methodologies used to support conclusions or proposals to senior management such as utilisation of reserves or application of Guy Carpenter credit write back policy and/or processing of complex accounts.
- Support wider CSS activities where required including but not limited to quarter review of potential financial exposures delivery of key performance targets or other significant business objectives.
- Duties to support client base include transactional processing follow up and securing reinsurance recoveries collateral and timely and accurate system entry of all assigned client activity.
What you need to have:
- Accounts & Settlement knowledge.
- Track record of successful client account management relationship management engagement and development.
- Successful management of workload; able to manage expectations of all clients and stakeholders.
- Data management and analytical skills.
- A strong client focus and good at problem solving to reconcile and unravel payment queries.
What makes you stand out:
- Experience of Insurance or Reinsurance accounting and settlement activities.
- Knowledge of Bureau markets.
- Exposure to working with currencies.
- Having provided guidance by mentoring and/or training colleagues.
Why join our team:
- We help you be your best through professional development opportunities interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues clients and communities.
- Our scale enables us to provide a range of career opportunities as well as benefits and rewards to enhance your well-being.
Required Experience:
- IC
Key Skills:
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
Employment Type: Full-Time
Experience: years
Vacancy: 1
IBA Accounts TechnicianCredit Control Analyst in Essex employer: Marsh McLennan
Contact Detail:
Marsh McLennan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Accounts TechnicianCredit Control Analyst in Essex
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to client management and credit control. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your problem-solving skills! Since the role involves handling payment queries and reconciling accounts, think of examples from your past experiences where you successfully resolved similar issues. This will demonstrate your analytical abilities.
✨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 team and ready to take on the challenges of the IBA Accounts Technician role.
We think you need these skills to ace IBA Accounts TechnicianCredit Control Analyst in Essex
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Accounts Technician/Credit Control Analyst role. Highlight your experience in accounts and settlement, as well as any relevant skills in data management and client relationship management. 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 passionate about this role and how your background aligns with our needs. Don’t forget to mention your experience in insurance or reinsurance accounting if you have it – that’ll definitely catch our eye!
Showcase Your Problem-Solving Skills: In your application, be sure to highlight specific examples where you've successfully managed client accounts or resolved payment queries. We love candidates who can demonstrate their analytical skills and a strong client focus, so don’t hold back on those success stories!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at Marsh McLennan
✨Know Your Numbers
Brush up on your accounts and settlement knowledge. Be prepared to discuss specific examples of how you've managed client accounts or resolved payment queries in the past. This will show that you understand the financial aspects of the role and can handle the responsibilities effectively.
✨Showcase Your Problem-Solving Skills
Think of a few scenarios where you've successfully tackled complex issues, especially related to credit control or client management. During the interview, share these stories to demonstrate your analytical skills and ability to reconcile payment queries, which is crucial for this position.
✨Familiarise Yourself with Reinsurance
Since the role involves working with reinsurance professionals, it’s essential to have a solid understanding of insurance and reinsurance accounting. Do some research on Bureau markets and be ready to discuss how your experience aligns with the technical requirements of the job.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, the company culture, and the specific challenges the Fiduciary Team faces. This shows your genuine interest in the role and helps you assess if it's the right fit for you.