At a Glance
- Tasks: Handle daily transactions and support the IBA team in insurance accounting.
- Company: Join a leading innovator in the Lloyds and global insurance markets.
- Benefits: Enjoy a salary up to £30,000, performance bonuses, and hybrid working options.
- Why this job: Kickstart your career in a dynamic environment with training support and growth opportunities.
- Qualifications: Enthusiastic individuals eager to learn and develop in insurance accounting are welcome.
- Other info: Work 2-3 days in London, balancing office and home life.
The predicted salary is between 24000 - 36000 £ per year.
An exciting opportunity for someone looking to take the next step in their career. You will join one of the most innovative and expanding businesses operating in the Lloyds and global insurance markets.
This role involves handling daily transactions in the Insurance Broking Accounts department, maintaining operational expertise across activities such as processing incoming receipts, account reconciliation, and raising outgoing payments. You will play a key role in ensuring a smooth operational rhythm throughout the month, supporting the wider IBA team to maximize client and insurer engagement.
Supporting work across areas which may include:
- Credit Control
- Cash Application
- Insurer Reconciliation
- Bank Reconciliation
Daily tasks include receipt allocation, insurer statement reconciliation, and payment processing.
Our client seeks an enthusiastic, driven individual eager to learn and develop a long-term career in insurance accounting.
What is on Offer:
- Salary up to £30,000 + annual performance bonus & full benefits package
- Training support provided
- Hybrid working - City of London & Home (2/3 days in London)
IBA Accounts Technician/Admin employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Accounts Technician/Admin
✨Tip Number 1
Familiarise yourself with the key responsibilities of the IBA Accounts Technician role. Understanding daily tasks like receipt allocation and insurer statement reconciliation will help you speak confidently about your relevant experience during interviews.
✨Tip Number 2
Network with professionals in the insurance accounting field. Attend industry events or join online forums to connect with others who work in Lloyds and global insurance markets, as they can provide valuable insights and potentially refer you to opportunities.
✨Tip Number 3
Showcase your enthusiasm for learning and development. During any conversations or interviews, highlight your eagerness to grow within the insurance accounting sector, as this aligns perfectly with what our client is looking for in a candidate.
✨Tip Number 4
Research the company culture and values of the organisation you're applying to. Being able to articulate how your personal values align with theirs can set you apart from other candidates and demonstrate your genuine interest in the role.
We think you need these skills to ace IBA Accounts Technician/Admin
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and skills required for the IBA Accounts Technician/Admin position. Tailor your application to highlight relevant experience in insurance accounting and operational tasks.
Craft a Tailored CV: Ensure your CV reflects your experience in handling daily transactions, account reconciliation, and payment processing. Use specific examples that demonstrate your expertise in credit control and cash application.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your eagerness to learn and develop a long-term career in insurance accounting, and how your skills align with the company's needs.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in accounting roles.
How to prepare for a job interview at MW Appointments
✨Understand the Role
Make sure you thoroughly understand the responsibilities of an Insurance Accounting Technician. Familiarise yourself with tasks like receipt allocation, account reconciliation, and payment processing, as these will likely come up during your interview.
✨Show Enthusiasm for Learning
Since the company is looking for someone eager to learn and develop, be prepared to discuss your willingness to grow in the role. Share examples of how you've taken initiative in past positions to enhance your skills or knowledge.
✨Prepare for Technical Questions
Expect questions related to accounting principles and practices, especially those relevant to insurance. Brush up on topics like cash application and credit control, as demonstrating your technical knowledge will impress the interviewers.
✨Highlight Teamwork Skills
The role involves supporting the wider IBA team, so be ready to discuss your experience working in teams. Provide examples of how you've collaborated with others to achieve common goals, particularly in a fast-paced environment.