PIB Group
Insurer Reconciliation Team Leader
Job Location
Bolham, United Kingdom
Job Description
Team Leader
Job Purpose:
The purpose of this role is to effectively manage and develop the team on a day-to-day basis providing support to IBA Manager in delivering key performance indicators and an outstanding service to our clients and other stakeholders.
This role is instrumental in protecting our clients’ money under the CASS 5 rules whilst providing an efficient and compliant service to our stakeholders.
This role profile is applicable to the following areas:
Cash allocation
Bank reconciliation
Insurer & Bordereaux Reconciliation
Client, Insurer & Introducer Payments
Client & Insurer Money Calculations
Key Stakeholders:
IBA Team members
IBA Management Team
Business Colleagues including Account Executives & Handlers
Management Accounts & Finance Business Partners
Internal & External Auditors
Clients
Third parties including Insurers, Underwriters, Brokers, Finance Providers & Banking Partners
Responsibilities:
Management of own and team workload effectively prioritising to exceed targets and meet quality standards and departmental objectives
Meet regularly with team members to discuss performance and provide input into the annual performance review cycle
Monitor quality standards within the team taking appropriate action to ensure expected standards are met
Build and maintain excellent professional relationships with internal & external stakeholders
Support and coach other members of the IBA team to achieve departmental objectives
Identify developmental needs and provide coaching to members of the IBA team ensuring all team members complete mandatory training as required
Support team members to investigate and resolve queries in a timely and accurate manner
Comply and assist with the development of Group and departmental policies & procedures
Identify, record and investigate root causes of breaches of company policy & CASS rules
Participate in ad hoc tasks and projects as required
Anticipate issues and allocate resources to deliver continuous improvement & lean solutions
Actively identify and pursue opportunities for self-development and complete all mandatory training in required timeframe
Support audit and other information requests as required
Act as a role model by meeting the expected behaviour standards for the role
Experience:
GCSE Mathematics & English at Grade 4 or above (or equivalent)
AAT Accountancy qualification or CII Certificate would be desirable
A minimum of 4 years' experience working in a financial services environment
Experience of providing coaching and mentoring to others
Extensive knowledge of the insurance industry and insurer accounting
Ability to influence team members, peers & stakeholders to achieve desires outcomes
Ability to delegate effectively
Excellent attention to detail and accuracy
Proficient in using MS Office including Excel & Word
Excellent communication and interpersonal skills
Proven ability to manage conflicting responsibilities to achieve targets
Working knowledge of IBA accounting systems would be desirable
Further information
As well as a competitive salary we offer the following benefits -
Competitive holiday allowance with the annual option to buy additional days
Death in Service benefit of x4 salary
Company pension scheme
Enhanced maternity and paternity leave packages
A flexible benefits package which allows you to add additional benefits to your overall package
Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
Referral schemes
Discounted rates on PIB products
We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
If supporting the local community, engaging with charities and having the opportunity to ‘give something back’ interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
We also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB’s carbon footprint.
We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
REF-(Apply online only)
Location: Bolham, GB
Posted Date: 11/25/2024
Job Purpose:
The purpose of this role is to effectively manage and develop the team on a day-to-day basis providing support to IBA Manager in delivering key performance indicators and an outstanding service to our clients and other stakeholders.
This role is instrumental in protecting our clients’ money under the CASS 5 rules whilst providing an efficient and compliant service to our stakeholders.
This role profile is applicable to the following areas:
Cash allocation
Bank reconciliation
Insurer & Bordereaux Reconciliation
Client, Insurer & Introducer Payments
Client & Insurer Money Calculations
Key Stakeholders:
IBA Team members
IBA Management Team
Business Colleagues including Account Executives & Handlers
Management Accounts & Finance Business Partners
Internal & External Auditors
Clients
Third parties including Insurers, Underwriters, Brokers, Finance Providers & Banking Partners
Responsibilities:
Management of own and team workload effectively prioritising to exceed targets and meet quality standards and departmental objectives
Meet regularly with team members to discuss performance and provide input into the annual performance review cycle
Monitor quality standards within the team taking appropriate action to ensure expected standards are met
Build and maintain excellent professional relationships with internal & external stakeholders
Support and coach other members of the IBA team to achieve departmental objectives
Identify developmental needs and provide coaching to members of the IBA team ensuring all team members complete mandatory training as required
Support team members to investigate and resolve queries in a timely and accurate manner
Comply and assist with the development of Group and departmental policies & procedures
Identify, record and investigate root causes of breaches of company policy & CASS rules
Participate in ad hoc tasks and projects as required
Anticipate issues and allocate resources to deliver continuous improvement & lean solutions
Actively identify and pursue opportunities for self-development and complete all mandatory training in required timeframe
Support audit and other information requests as required
Act as a role model by meeting the expected behaviour standards for the role
Experience:
GCSE Mathematics & English at Grade 4 or above (or equivalent)
AAT Accountancy qualification or CII Certificate would be desirable
A minimum of 4 years' experience working in a financial services environment
Experience of providing coaching and mentoring to others
Extensive knowledge of the insurance industry and insurer accounting
Ability to influence team members, peers & stakeholders to achieve desires outcomes
Ability to delegate effectively
Excellent attention to detail and accuracy
Proficient in using MS Office including Excel & Word
Excellent communication and interpersonal skills
Proven ability to manage conflicting responsibilities to achieve targets
Working knowledge of IBA accounting systems would be desirable
Further information
As well as a competitive salary we offer the following benefits -
Competitive holiday allowance with the annual option to buy additional days
Death in Service benefit of x4 salary
Company pension scheme
Enhanced maternity and paternity leave packages
A flexible benefits package which allows you to add additional benefits to your overall package
Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
Referral schemes
Discounted rates on PIB products
We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
If supporting the local community, engaging with charities and having the opportunity to ‘give something back’ interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
We also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB’s carbon footprint.
We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
REF-(Apply online only)
Location: Bolham, GB
Posted Date: 11/25/2024
Contact Information
| Contact | Human Resources PIB Group |
|---|