The role
Jensten Underwriting Insurer Broking Accounts team are seeking an IBA Technician to join their efficient and friendly team.
In this role, you will provide insurance broker accounting support to our Underwriting department, ensuring invoices are paid on time and in line with regulation. You will be joining a fantastic team that is the heartbeat of our finance function based in our head office in Huntingdon, with the flexibility to work 3 days in the office and two from home. We will also consider experienced candidates to work remotely if you live further afield.
Similar to both credit control and accounts payable you will be involved in speaking to both customers and clients, managing payments and reconciling accounts to a high standard. There is variety and breadth in the role and you will need to build fantastic relationships with your key external stakeholders and ensure these payments are made on time and in line with procedures. Some key objectives & responsibilities will include:
* Insurer statement/ bordereau reconciliations and following up any discrepancies
* Creating payment advice documents to submit to insurers
* Reconcile and balance day and month ends
* Calculate commissions due
* Produce credit control and aged debt reports to follow up with our brokers on overdue entries as appropriate
About you
To be successful in this role, you will need to demonstrate previous experience working in a similar role and experience of using Acturis would be a real advantage. You’ll also be or have:
* A good understanding of IBA procedures and ideally have knowledge and experience of using Acturis and any other IBA Broking systems
* A collaborative and innovative approach to working
* Act with integrity at all times when working with stakeholders
* Strong accuracy and time management skills
* Good communication skills, both verbal and written
* Proficient level of Microsoft Word, Excel and Outlook knowledge
Rewards & Benefits
When you join us, you can expect a supportive culture and an attractive range of rewards and benefits which include:
* Competitive salary with an annual pay review and bonus scheme.
* Flexibility with Hybrid working options (3 in the office and 2 from home once settled in)
* 27 days annual leave (includes a day off for your birthday and another for a religious holiday of your choice) + bank holidays
* Auto enrolment into our excellent pension scheme (5% employer matched contribution)
* Flex-benefits- A range of flexible benefits to choose from, that are most important to you
* Group Life Assurance cover- a massive X4 of salary
* 3 months Maternity, Paternity & Adoption leave all fully paid
* Professional qualification study support relevant to your role and career
* Perks at work- amazing discounts on cinema tickets, meals out, luxury items etc.
* Holiday purchase scheme- up to 5 days annually
About Us:
Launched in 2018 Jensten is one of the UK's largest independent broking groups. Growing organically and through strategic acquisition we now place over £600m GWP into the market via our retail insurance broking, Lloyd's and London Market broking, and specialist underwriting arms.
We fill the void in the market between a consolidator and a provincial broker. We have the scale, ambition and expertise to stand out, but the people, culture and entrepreneurial DNA to maintain our client focus. Which is why we are not just one of the leading independent broking groups, we are one of the most exciting too.
And that is why you should join us!
Our goal is to have people in our Group that enjoy being part of one team with the shared commitment to delivering insurance distribution excellence. A big part of how we do this is by listening and then acting on what we hear. Our EVP work is key to maintaining and enhancing our culture and making Jensten Group a fantastic place to work, learn and grow.