IBA Technician in Essex

IBA Technician in Essex

Essex Full-Time 30000 - 40000 £ / year (est.) No working from home possible
The Recruiter Specialists Group Ltd

At a Glance

  • Tasks: Manage financial transactions and ensure accurate processing of payments.
  • Company: Join a professional finance team in the insurance sector.
  • Benefits: Enjoy a competitive salary, hybrid working, and flexible benefits.
  • Other info: Fast-paced environment with opportunities for career growth.
  • Why this job: Expand your skills while making a real impact in finance.
  • Qualifications: Experience in IBA or finance roles with strong attention to detail.

The predicted salary is between 30000 - 40000 £ per year.

Ideally you will have worked within a similar position and looking to expand your skills and experience. IBA Technician required to assist in managing the financial transactions between insurers and clients, ensuring accurate and timely processing of payments and reconciliations within this professional finance team.

Your responsibilities will include:

  • Investigating and resolving any account discrepancies
  • Credit control and ensuring timely collections, and outstanding payments
  • Processing client and insurer transactions, including receipts and payments
  • Performing bank reconciliations and ledger maintenance
  • Liaising with Brokers, Insurers, and internal teams
  • Supporting month-end reporting and financial controls
  • Ensuring compliance with FCA and company financial regulations

Ideally be experienced in an IBA, accounts, or finance role within an insurance or brokerage environment. Knowledge of insurance finance processes. Strong attention to detail and ability to work in a fast-paced environment. Confident communicator with excellent numerical skills.

Hybrid working is available with this position, an excellent salary and extensive flexible benefits package. If you have the relevant experience within this area and would like to be considered for this position then please submit your CV for the Hiring.

IBA Technician in Essex employer: The Recruiter Specialists Group Ltd

Join a dynamic finance team as an IBA Technician, where your skills will be valued and nurtured in a supportive work culture that prioritises employee growth and development. With hybrid working options and a competitive salary complemented by a flexible benefits package, this role offers a unique opportunity to thrive in the fast-paced insurance sector while ensuring compliance and accuracy in financial transactions.

The Recruiter Specialists Group Ltd

Contact Details:

The Recruiter Specialists Group Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land IBA Technician in Essex

Tip Number 1

Network like a pro! Reach out to your connections in the finance and insurance sectors. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of IBA processes and financial regulations. We want you to feel confident discussing your experience and how it relates to the role.

Tip Number 3

Showcase your attention to detail! During interviews, share specific examples of how you've resolved discrepancies or improved processes in previous roles. It’ll make you stand out!

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace IBA Technician in Essex

Financial Transaction Management
Account Reconciliation
Credit Control
Payment Processing
Bank Reconciliation
Ledger Maintenance
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in finance and IBA roles. We want to see how your skills match the job description, so don’t be shy about showcasing your relevant achievements!

Showcase Your Attention to Detail:Since this role requires strong attention to detail, include examples in your application that demonstrate your ability to manage financial transactions accurately. We love candidates who can spot discrepancies and resolve them efficiently!

Communicate Clearly:As a confident communicator, your written application should reflect that. Use clear and concise language to explain your experience and how it relates to the responsibilities listed in the job description. We appreciate straightforward communication!

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 position. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at The Recruiter Specialists Group Ltd

Know Your Numbers

As an IBA Technician, you'll be dealing with financial transactions, so brush up on your numerical skills. Be prepared to discuss how you've handled payments, reconciliations, and any discrepancies in past roles. This will show your confidence and expertise in the field.

Familiarise Yourself with FCA Regulations

Understanding compliance is crucial in finance roles. Make sure you know the basics of FCA regulations and how they apply to insurance finance processes. This knowledge will demonstrate your commitment to maintaining high standards and your readiness to contribute to the team.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific situations, like resolving account discrepancies or managing credit control. Think of examples from your previous experience where you successfully navigated similar challenges, as this will highlight your problem-solving skills.

Showcase Your Communication Skills

You'll be liaising with brokers, insurers, and internal teams, so it's essential to convey your communication style. Practice articulating your thoughts clearly and confidently. Share examples of how you've effectively communicated complex financial information to non-financial stakeholders.