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For Companies At a Glance
- Tasks: Manage ledgers, reconcile funds, and handle client payments in a dynamic team.
- Company: Join a leading Lloyds Coverholder with 25 years of niche underwriting success.
- Benefits: Enjoy hybrid working, a competitive salary up to £45,000, and a full benefits package.
- Why this job: Develop your career in a supportive environment while making an impact in the insurance sector.
- Qualifications: Proven IBA experience, attention to detail, and strong communication skills required.
- Other info: Receive comprehensive training and support to enhance your skills.
The predicted salary is between 36000 - 54000 £ per year.
Our client is a registered Lloyds Coverholder with a successful record of underwriting niche risks for commercial clients and broker partners in the UK and worldwide for over 25 years. This is a wonderful opportunity for someone with IBA experience who is looking to develop their career within a collaborative, team environment.
Overview
Duties will include all the functions you would expect as well as the opportunity to work on ad hoc projects:
- Managing ledgers
- Reconciling incoming funds
- Premium and claims bordereaux management
- Arranging client & insurer payments
- Banking
- Credit control
- Resolving queries with clients and insurers
What you need to show
- A proven track record of working within an insurance IBA role
- Accuracy and attention to detail
- Workflow management and task prioritising
- Confident communication skills
- Organised and able to work independently
What you need to know
- Hybrid working flexibility - 3 days in EC3 office and 2 days working from home
- Salary to £45,000
- Full benefits package
- A full program of training and support to build the necessary skills
IBA/ Credit Controller employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA/ Credit Controller
✨Tip Number 1
Familiarise yourself with the specific IBA processes and terminology used in the insurance industry. This will not only help you understand the role better but also allow you to speak confidently about your experience during any discussions.
✨Tip Number 2
Network with professionals already working in IBA roles or within the insurance sector. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be beneficial during interviews.
✨Tip Number 3
Prepare to discuss your previous experiences in managing ledgers and reconciling funds. Be ready to share specific examples that demonstrate your accuracy and attention to detail, as these are crucial skills for the role.
✨Tip Number 4
Showcase your organisational skills by discussing how you prioritise tasks and manage workflows. Consider preparing a brief overview of a time when you successfully handled multiple responsibilities, as this will highlight your ability to work independently.
We think you need these skills to ace IBA/ Credit Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your IBA experience and relevant skills. Use specific examples from your previous roles that demonstrate your accuracy, attention to detail, and ability to manage workflows.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your proven track record in insurance IBA roles and how you can contribute to their team environment.
Highlight Relevant Skills: In your application, emphasise your confident communication skills and your ability to resolve queries with clients and insurers. These are key attributes they are looking for.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A well-presented application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at MW Appointments
✨Showcase Your IBA Experience
Make sure to highlight your previous experience in an insurance IBA role. Be prepared to discuss specific examples of how you've managed ledgers, reconciled funds, and handled premium and claims bordereaux management.
✨Demonstrate Attention to Detail
Accuracy is key in this role, so be ready to provide examples of how you've ensured precision in your work. You might want to mention any processes you follow to double-check your work or how you handle discrepancies.
✨Communicate Confidently
Since the role involves resolving queries with clients and insurers, practice articulating your thoughts clearly. Think about how you can convey complex information simply and effectively during the interview.
✨Prepare for Hybrid Working Questions
With the hybrid working model in place, be ready to discuss how you manage your time and tasks when working independently. Share strategies that help you stay organised and productive while working from home.
