IBA Associate - Brighton
United Kingdom
004003
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
About the Position
Job type
Experienced Professional
Workplace
In Office
Your Responsibilities
An exciting opportunity has arisen for an analytical individual to join our Insurance Broker Accounts (IBA) team. This team works closely with Lockton’s clients and insurance underwriters to manage and reconcile client funds across Retail and Wholesale business.
The role will involve being responsible for delivering exceptional client service by acting as a liaison for insurance underwriters.
You will also have responsibility for the reconciliation of accounts and will ensure funds are settled whilst complying with CASS regulations and Lockton procedures.
This is ideal for someone with a strong interest in finance and a keen eye for detail, looking to develop within a dynamic and growing business. The successful candidate will demonstrate a high level of accuracy, initiative, and strong communication skills, enabling them to build positive and effective relationships with key stakeholders.
Based in our Brighton office, you will benefit from the support of an experienced and longstanding professional team, providing a solid foundation for the next stage of your career and ongoing professional development.
Qualifications
You should have:
- A good understanding of the general and legal principles applicable to insurance in particular FSA client money rules.
- Good numerical ability and an analytical mindset
- Be adaptable and change orientated.
- Adopts the right first-time approach.
- Work well as part of a team in support of other team colleagues.
- Ability to achieve individual and team objectives.
- Have an ability to communicate effectively and professionally both verbally and in writing to maintain positive and successful business relationships with Lockton colleagues, our clients, insurers, and other third-party providers representing Lockton in the highest professional manner.
- Ability to compile, analyse and interpret financial information and data to facilitate decision making, with excellent attention to detail.
- Analytical and problem-solving skills, including research and investigation.
- Good organisational skills, ability to manage time, prioritise and ensure that deadlines are met without compromising on quality, and have the ability to work efficiently in a fast-paced environment.
- An understanding of cash collection/payment processes is desirable (such as general insurance accounting and client invoicing).
- A working knowledge of the computer desktop software provided by Lockton including Microsoft Office suite, Excel, Power BI, Sector and A4B is desirable.
Please note the role is full time on site working for a period up to 6 months and will then move to hybrid (3 days in the office).
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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