IBA Executive in London

IBA Executive in London

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

  • Tasks: Manage accounts, provide support, and enhance processes in the insurance broking sector.
  • Company: Join a leading, innovative business in the Lloyds and global insurance markets.
  • Benefits: Competitive salary up to £45,000, hybrid working, and a supportive benefits package.
  • Why this job: Be a key player in a 'people first' company that values your growth and success.
  • Qualifications: Insurance background with strong communication and organisational skills.
  • Other info: Dynamic role with opportunities for professional development and teamwork.

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

An exciting opportunity for someone who is looking to take the next step in their career. You will be joining one of the most innovative and expanding businesses operating in the Lloyds and global insurance markets.

The IBA Executive will be viewed as a subject matter expert within the Insurance Broking Accounts department. You will be recognised as a specialist who can be relied upon to provide support across the IBA function.

As a referral point, you will be a key contact for the team, wider Business and external stakeholders and be expected to handle the majority of queries, providing guidance and coaching to others.

Overview

  • Work on own allocation of work across one (or several) of the below areas:
  • Credit Control
  • Cash Application
  • Insurer Reconciliation/Bordereaux
  • Bank Reconciliation
  • Client Money Calculations
  • Management of own portfolio of accounts/insurers, ensuring all key activities completed for your area of responsibility
  • Provide support and guidance to less experienced members of the team.
  • Provide support to the IBA manager and act as a first point of contact for queries and escalations.
  • Support process enhancements, IT integration, audit requests and ad hoc projects.
  • The wish list …

    • Strong understanding of IBA functions from an insurance background.
    • Knowledge of relevant industry regulations and compliance requirements.
    • Excellent communication and interpersonal skills, with the ability to interact professionally with clients and colleagues.
    • Highly organized and detail-oriented, with the ability to multitask and prioritize workload effectively.
    • A proactive approach to problem-solving and a strong ability to work independently and under pressure.
    • Team player with a positive attitude and willingness to support colleagues and contribute to a collaborative work environment.

    What is on offer

    • Salary to £45,000 + benefits package
    • Home / City hybrid working flexibility
    • An opportunity to join a "people first" business where you will receive the support and encouragement to progress and achieve your goals.

    IBA Executive in London employer: MW Appointments

    Join a forward-thinking company in the Lloyds and global insurance markets, where your expertise as an IBA Executive will be valued and recognised. With a strong emphasis on employee growth, you will benefit from a supportive 'people first' culture that encourages professional development and offers hybrid working flexibility. This role not only provides a competitive salary but also the chance to make a meaningful impact within a collaborative team environment.
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    Contact Detail:

    MW Appointments Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land IBA Executive in London

    ✨Tip Number 1

    Network like a pro! Reach out to people in the insurance industry, especially those who work in IBA roles. Use LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!

    ✨Tip Number 2

    Prepare for interviews by brushing up on your knowledge of IBA functions and industry regulations. Be ready to showcase your expertise and how you can support the team and enhance processes.

    ✨Tip Number 3

    Don’t just apply anywhere; focus on companies that align with your values. We recommend checking out our website for openings that fit your skills and aspirations. Tailor your approach to each company’s culture!

    ✨Tip Number 4

    Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

    We think you need these skills to ace IBA Executive in London

    Insurance Broking Knowledge
    Credit Control
    Cash Application
    Insurer Reconciliation
    Bank Reconciliation
    Client Money Calculations
    Regulatory Compliance Knowledge
    Communication Skills
    Interpersonal Skills
    Organisational Skills
    Attention to Detail
    Multitasking
    Problem-Solving Skills
    Team Collaboration
    Ability to Work Independently

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV speaks directly to the IBA Executive role. Highlight your experience in insurance broking accounts and any relevant skills that match the job description. 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 showcase your understanding of IBA functions and how your background aligns with our needs. Let us know why you're excited about joining StudySmarter and what you can bring to the table.

    Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Keep your language clear and professional, and don’t hesitate to demonstrate your interpersonal skills through examples from your past experiences.

    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 shows us you’re keen on being part of our innovative team!

    How to prepare for a job interview at MW Appointments

    ✨Know Your IBA Stuff

    Make sure you brush up on your knowledge of IBA functions and the insurance industry. Be ready to discuss specific processes like credit control and cash application, as well as any relevant regulations. This will show that you're not just interested in the role but also understand its intricacies.

    ✨Show Off Your Communication Skills

    Since this role involves interacting with clients and colleagues, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in past roles, especially when providing guidance or resolving queries. This will highlight your interpersonal skills.

    ✨Demonstrate Your Organisational Skills

    Be prepared to talk about how you manage your workload and prioritise tasks. Share specific strategies or tools you use to stay organised, especially when handling multiple accounts. This will reassure them that you can handle the demands of the role.

    ✨Emphasise Team Spirit

    This position requires a collaborative approach, so think of examples where you've worked well in a team. Highlight your positive attitude and willingness to support others, as this aligns with the company's 'people first' ethos. It’s all about showing you’re a team player!

    IBA Executive in London
    MW Appointments
    Location: London
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