IBA Ops Technician at CFC

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

17 Apr, 26

Salary

0.0

Posted On

17 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

IBA Accounting, Financial Operations, Reconciliation Processes, Claims Money Management, Bank Account Operations, Excel Skills, Attention to Detail, Numeracy, Communication Skills, Interpersonal Skills, Teamwork, Adaptability, Organizational Skills, Problem-Solving

Industry

Insurance

Description

IBA Ops Technician Department: Finance Employment Type: Permanent - Full Time Location: UK - London Reporting To: Kyle Partridge Description This new IBA Operations Technician role will provide an excellent opportunity to gain hands-on experience in a dynamic and fast-paced finance environment. As an IBA Operations Technician, you will support the IBA Operations Team in delivering accurate and timely financial processing, including claims money management, reconciliations, and reporting. You will work closely with senior team members to ensure operational efficiency and compliance with internal procedures. About the role The IBA Operations Technician will be responsible for assisting with the administration of loss and non-loss fund monies, including setting up online payments and performing associated tasks such as cash posting and allocation. Other responsibilities will include but are not limited to: Support daily claims reconciliations between carrier and internal systems. Help maintain accurate records of bank transactions and assist in regular reconciliations. Assist in processing third-party commissions and resolving basic anomalies. Support premium reconciliation activities, ensuring consistency between underwriting and accounting systems. Maintain accurate documentation and assist in updating training materials. Participate in team meetings and contribute to continuous improvement initiatives. About you To be considered for this IBA Operations Technician you must have experience or exposure to IBA accounting or financial operations within the insurance industry is desirable. You will also have experience with: Familiarity with basic reconciliation processes and financial documentation. Understanding of claims money management and bank account operations is a plus. Intermediate Excel skills. Strong attention to detail and numeracy. Good communication and interpersonal skills. Ability to work effectively as part of a team. Willingness to learn and adapt to new systems and processes. Organised and able to manage multiple tasks under supervision. Proactive and enthusiastic approach to problem-solving. Core Values Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers. Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better. Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.

Responsibilities

The IBA Operations Technician will assist with the administration of loss and non-loss fund monies, including setting up online payments and performing cash posting and allocation. Responsibilities also include supporting daily claims reconciliations and maintaining accurate records of bank transactions.