Insurance Technician - Experience essential (Hybrid)

Company: CV-Library
Job type: Full-time
Salary:
29,000 - 30,000 GBP/Year

Are you an experienced Insurance candidate looking for your next career move?

Would you like to work for a company that offers excellent training and career growth?

Look no further!

Advancing People are recruiting for a Bedford & Milton Keynes based company, who are looking for an additional IBA Technician.

The IBA Technician is a member of a team which focuses on Insurer IBA accounts. They will achieve targets, develop the business and deliver an excellent and comprehensive service, ensuring that responsibilities are completed in accordance with the relevant Company and/or Group policies.

Key Responsibilities

Plans their work to ensure that the team meets its operating goals
Provides relevant management information to senior management, when requested
Contributes to project work and when required
Ensures cash matching tasks are completed in a timely manner
Ensure Notice of Cancellation letters received directly from insurers are forwarded to relevant departments, so that they can action, as appropriate
Reviews and processes IBA payment requests
Processing of relevant entries onto Group company IBA systems
Reconciles accounts with markets and clients
Resolves accounts queries promptly and efficiently
Keeps informed of all regulatory and legal changes which impacts on the job role
Ensures up to date records are maintained at all times on the Company systems
Responds appropriately to urgent issues as they ariseSkills & Attributes

Experience of working as an IBA Technician
Understanding of London Market operations
Understanding on insurance industry and composite/Lloyd's insurer landscape
Able to manipulate and understand financial data
Attention to detail with ability to produce accurate documentation and to file documents appropriately
Ability to work effectively within a team
Prioritisation and organisational skills
Self-motivated
Competent IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
Able to undertake and demonstrate competence in technical training, as required by the industry regulatorAdvancing People - Recruitment Specialists

Advancing People Ltd is an Equal Opportunities Employer and acts as both an Employment Business and Employment Agency

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