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Driven IBA Professional!

Hays Specialist Recruitment Limited
Posted 2 days ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

£25,000 - £30,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The client is seeking an IBA Accounts Technician with a minimum of 1 year of experience in the field.
  • This role offers a competitive salary and benefits package, with opportunities for growth within a global re-insurance company.
  • The position involves managing responsibilities such as premium collection, cash reconciliation, and supporting the IBA team in financial processes.
  • Candidates should possess strong communication skills, attention to detail, and proficiency in Microsoft Office, with experience in OpenTwins being a plus.
  • The company promotes a collaborative environment and provides exciting challenges and flexibility in managing the role.

Are you new to the big world of Insurance and looking for the next step in your career?My client is currently sitting at the forefront of the Re-insurance industry, bringing together brilliant minds to drive financial accuracy, operational excellence, and cutting-edge solutions. They have expanded to 200 employees in their AMAZING new Central London-based office, and they are now looking for a passionate and highly motivated IBA Accounts Technician, with a couple of years' experience in the field, to join their dynamic and collaborative team. If you're looking for a challenging yet rewarding role with room to grow, this could be the perfect opportunity for you! P.S They have a cinema in their office!!!Role overview:As an IBA Accounts Technician, you'll be an integral part of the IBA Team, working closely with our Global Head of IBA and the Global COO. You'll play a key role in ensuring the seamless collection, processing, and payment of settlements to Trading Partners, as well as providing vital support across various exciting projects.Your day-to-day will involve managing your own area of responsibility, such as collection allocation, aged debt monitoring, and cash reconciliation. You'll also be diving into project work, working in a fast-paced environment with the support of a close-knit team. No two days will be the same, offering you the chance to build expertise, contribute to key financial processes, and grow within the business.Your new responsibilities:

  • Collect premiums and claims, ensuring brokerage and outstanding debts are handled as per company procedures.
  • Support the IBA team in clearing unmatched cash, resolving discrepancies, and keeping everything in check.
  • Work with the team to clear balances, ensuring smooth settlements and financial flows.
  • Settle balances and ensure timely delivery of required statements and reports.
  • Assist Account Handlers and IBA teams in resolving finance-related queries, delivering clear and effective communication.
  • Assist with training new users, sharing your knowledge and supporting the growth of the team.
  • Provide regular reviews and updates to the Management Team, ensuring everything is running efficiently and to the highest standards.

What you'll need to succeed

  • Minimum 1 year of experience in an IBA role
  • Strong written and verbal communication skills with a keen eye for detail.
  • Able to take pride in getting results and are willing to adapt to new tasks and challenges with ease.
  • A solid grasp of Microsoft Office (Word, Excel, Outlook) and any experience with OpenTwins Broking Systems is a bonus.
  • Identify and escalate issues as they arise and handle them efficiently.

What you'll get in return

  • Growth Opportunities: Develop your skills and advance in a global, forward-thinking company, with a progression pathway within the company.
  • Collaborative Environment: Work alongside a dedicated, supportive team across multiple regions, with key relationships with the Global Head of IBA, Global COO, Internal operations, Claims Team, Account handlers, and more.
  • Exciting Challenges: Every day brings a new opportunity to solve problems and make a real impact.
  • Flexibility & Autonomy: We trust you to manage your role and deliver great results.
  • Competitive Benefits: Attractive compensation and benefits package, with ongoing training and support.

What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV (), or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.