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For Companies At a Glance
- Tasks: Process and control accounting transactions in a dynamic insurance broking environment.
- Company: Join PIB Group, a growing specialist in insurance broking with strong career development.
- Benefits: Hybrid working, competitive salary, and a supportive team culture.
- Why this job: Make a real impact while ensuring compliance and protecting clients' money.
- Qualifications: Experience in finance administration and knowledge of the insurance industry required.
- Other info: 6-month fixed term contract with excellent opportunities for growth.
The predicted salary is between 30000 - 42000 £ per year.
As part of PIB Group’s Central Services, you will be contributing to a growing, specialist insurance broking and advisory business with strong career development opportunities. The role is to process and control accounting transactions and provide technical support to IBA and business colleagues relating to more complex accounting activities associated with our clients’ insurance policies. The role is instrumental in protecting our clients’ money under the CASS 5 rules whilst providing an efficient and compliant service to our stakeholders, taking full responsibility for investigating and resolving more complex queries in a timely and accurate manner.
Role responsibilities
- Cash allocation
- Bank reconciliation
- Insurer & Bordereaux reconciliation
- Client, Insurer & Introducer payments
Contract details
This is a 6-month fixed term contract based in Retford, working hybrid once trained and offering a standard 35-hour week.
About You
We’re looking for someone who brings:
- Extensive knowledge of the insurance industry and insurer accounting
- Previous experience in finance administration, remediation & reconciliation
- Previous experience of working in a financial services environment
- Working knowledge of IBA accounting systems
- Working knowledge of CASS 5 Regulations
- Strong analytical and problem-solving skills
- Proficient in using MS Office including Excel & Word
Inclusion & Accessibility
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation, or any other characteristic protected by law. If you need this job advert in any other format or require any adjustments for your application or during the recruitment process, please reach out to recruitment@pib-insurance.com.
Accounts Clerk - Insurer Broking in Coventry employer: pib Group
Contact Detail:
pib Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Clerk - Insurer Broking in Coventry
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for an Accounts Clerk role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of CASS 5 regulations and IBA accounting systems. We want you to feel confident discussing these topics, as they’re crucial for the role. Practice common interview questions and think about how your experience aligns with the job description.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for the latest job openings at PIB Group. Tailor your approach to show why you’d be a great fit for their team!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in making a lasting impression. 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 Accounts Clerk - Insurer Broking in Coventry
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance administration and reconciliation, especially within the insurance industry. We want to see how your skills align with the role of Accounts Clerk, so don’t hold back on showcasing your relevant expertise!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the insurance sector and how your background makes you a perfect fit for our team. We love seeing personality, so let your enthusiasm come through!
Showcase Your Analytical Skills: Since the role involves resolving complex queries, make sure to highlight any experiences where you've demonstrated strong analytical and problem-solving skills. We’re keen to see how you tackle challenges and contribute to efficient service delivery.
Apply Through Our Website: We encourage you to apply directly 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 from our team!
How to prepare for a job interview at pib Group
✨Know Your Numbers
Brush up on your knowledge of accounting transactions, especially those related to insurance policies. Be ready to discuss your experience with cash allocation and bank reconciliation, as these are key responsibilities in the role.
✨Understand CASS 5 Regulations
Make sure you have a solid grasp of CASS 5 rules and how they apply to protecting clients' money. Prepare to explain how you've ensured compliance in previous roles, as this will show your understanding of the industry's standards.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your problem-solving abilities. Think of specific examples where you've resolved complex queries or reconciled discrepancies, as this will highlight your analytical skills and attention to detail.
✨Familiarise Yourself with IBA Systems
If you have experience with IBA accounting systems, be ready to discuss it. If not, do some research on common systems used in the industry. Showing that you're proactive about learning can set you apart from other candidates.
