Senior IBA & Credit Control Lead - London Market

Senior IBA & Credit Control Lead - London Market

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage insurer and client accounts, ensuring accurate fund collection and settlement.
  • Company: Nashrock Insurance Recruitment, a leader in the insurance recruitment sector.
  • Benefits: Competitive salary, career advancement opportunities, and a dynamic work environment.
  • Other info: Join a team that values expertise and offers a chance to make a real impact.
  • Why this job: Play a key role in improving cash flow and financial governance in the London market.
  • Qualifications: Over 5 years' experience in senior IBA roles with knowledge of Lloyd’s processes.

The predicted salary is between 60000 - 80000 £ per year.

Nashrock Insurance Recruitment is seeking a Senior IBA / Credit Control Technician for the London market. You will take ownership of insurer and client accounts, ensuring accurate collection, allocation, and settlement of funds.

The ideal candidate will have over 5 years' experience in senior IBA roles and knowledge of Lloyd’s processes and FCA regulations. This role is critical in improving cash flow and resolving aged debts while maintaining strong financial governance.

Senior IBA & Credit Control Lead - London Market employer: Nashrock Insurance Recruitment

Nashrock Insurance Recruitment is an exceptional employer, offering a dynamic work culture that prioritises professional growth and development within the London market. Employees benefit from competitive remuneration, comprehensive training programmes, and the opportunity to work alongside industry experts, making it an ideal environment for those seeking meaningful and rewarding careers in the insurance sector.

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Contact Details:

Nashrock Insurance Recruitment Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior IBA & Credit Control Lead - London Market

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who know the London market. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on Lloyd’s processes and FCA regulations. We want you to be the go-to expert in the room, so show off that knowledge and confidence!

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your experience in IBA and credit control.

Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Let’s make sure they remember you for all the right reasons!

We think you need these skills to ace Senior IBA & Credit Control Lead - London Market

Ownership of Insurer and Client Accounts
Accurate Collection of Funds
Allocation of Funds
Settlement of Funds
Senior IBA Experience
Knowledge of Lloyd’s Processes
Understanding of FCA Regulations

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in IBA roles and showcases your knowledge of Lloyd’s processes. We want to see how your background aligns with the responsibilities of the Senior IBA & Credit Control Lead position.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role, focusing on your experience with cash flow improvement and debt resolution. Let us know how you can contribute to our team!

Showcase Relevant Achievements:Don’t just list your duties; highlight specific achievements that demonstrate your expertise in credit control and financial governance. We love seeing quantifiable results that show how you've made a difference in previous roles.

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 makes the process smoother for everyone involved!

How to prepare for a job interview at Nashrock Insurance Recruitment

Know Your Numbers

Make sure you brush up on your financial knowledge, especially around cash flow management and aged debts. Be ready to discuss specific examples from your past experience where you've successfully managed accounts or improved financial processes.

Understand Lloyd’s and FCA Regulations

Since this role requires knowledge of Lloyd’s processes and FCA regulations, do your homework! Familiarise yourself with the latest updates and be prepared to discuss how these regulations impact credit control and IBA functions.

Showcase Your Leadership Skills

As a Senior IBA & Credit Control Lead, you'll need to demonstrate strong leadership abilities. Think of instances where you've led a team or project, and be ready to share how you motivated others and resolved conflicts.

Prepare Questions for Them

Interviews are a two-way street! Prepare insightful questions about their current challenges in credit control or how they measure success in this role. This shows your genuine interest and helps you assess if the company is the right fit for you.