PIB Group
IBA Investment and MI Analyst
Job Location
Bolham, United Kingdom
Job Description
Job Purpose:
The purpose of this role is to monitor and facilitate the Groups investment of IBA related balances in money market funds, maximising returns by expanding current investment levels and assisting with additional investments where appropriate. The role will also incorporate other cover responsibilities associated with the provision of management information to internal and external 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 and is within the Oversight and Controls team.
Key Stakeholders:
IBA Team members
Business Colleagues including Account Executives & Handlers
Management Accounts & Finance Business Partners
Group Treasury
Internal & External Auditors
Clients
Third parties including Insurers, Underwriters, Brokers, Finance Providers & Banking Partners
Responsibilities:
Management of own workload to achieve targets and quality standards as per agreed objectives.
Monitor and facilitate money for existing investments ensuring the Group is operating within the Group policy.
Working with senior management and our treasury to maximise returns by increasing the entities we are investing in and increasing the percentage invested.
Modelling and forecasting predicted cash flows
Supporting our lead IBA MI team with monthly and ad hoc requests
Monitor quality standards within the team taking appropriate action to ensure expected standards are met
Completion of RMARs to provide supporting documents for FCA returns
Support the completion of process and procedure mapping and documentation
Tracking and reconciling of third-party insurers
Oversight and reconciliation of the claims bank reconciliation
Providing support with audits requests
Identify control weaknesses to improve business performance
Proactively support continuous improvement opportunities
Identify and escalate breaches of company policy & CASS rules
Complete all mandatory training and development activities in required timeframe
Comply with all Group and departmental policies & procedures
Qualifications
Essential
GCSE Mathematics Grade 4 or above
GCSE English Grade 4 or above
(or equivalent)
Experience
Desirable
Previous experience in finance administration or reconciliation Previous experience of working in a financial services environment
Knowledge
Desirable
Knowledge of the insurance industry and insurer accounting is a plus
Skills
Essential
Strong analytical and problem-solving skills
Excellent attention to detail and accuracy
Proficient in using MS Office including Excel & Word
Effective communication and interpersonal skills
Ability to work independently and prioritise tasks
Desirable
Working knowledge of Power BI or similar visualisation software
Use of Excel Macros or DAX
Previous experience using MS Vision
REF-(Apply online only)
Location: Bolham, GB
Posted Date: 12/21/2024
The purpose of this role is to monitor and facilitate the Groups investment of IBA related balances in money market funds, maximising returns by expanding current investment levels and assisting with additional investments where appropriate. The role will also incorporate other cover responsibilities associated with the provision of management information to internal and external 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 and is within the Oversight and Controls team.
Key Stakeholders:
IBA Team members
Business Colleagues including Account Executives & Handlers
Management Accounts & Finance Business Partners
Group Treasury
Internal & External Auditors
Clients
Third parties including Insurers, Underwriters, Brokers, Finance Providers & Banking Partners
Responsibilities:
Management of own workload to achieve targets and quality standards as per agreed objectives.
Monitor and facilitate money for existing investments ensuring the Group is operating within the Group policy.
Working with senior management and our treasury to maximise returns by increasing the entities we are investing in and increasing the percentage invested.
Modelling and forecasting predicted cash flows
Supporting our lead IBA MI team with monthly and ad hoc requests
Monitor quality standards within the team taking appropriate action to ensure expected standards are met
Completion of RMARs to provide supporting documents for FCA returns
Support the completion of process and procedure mapping and documentation
Tracking and reconciling of third-party insurers
Oversight and reconciliation of the claims bank reconciliation
Providing support with audits requests
Identify control weaknesses to improve business performance
Proactively support continuous improvement opportunities
Identify and escalate breaches of company policy & CASS rules
Complete all mandatory training and development activities in required timeframe
Comply with all Group and departmental policies & procedures
Qualifications
Essential
GCSE Mathematics Grade 4 or above
GCSE English Grade 4 or above
(or equivalent)
Experience
Desirable
Previous experience in finance administration or reconciliation Previous experience of working in a financial services environment
Knowledge
Desirable
Knowledge of the insurance industry and insurer accounting is a plus
Skills
Essential
Strong analytical and problem-solving skills
Excellent attention to detail and accuracy
Proficient in using MS Office including Excel & Word
Effective communication and interpersonal skills
Ability to work independently and prioritise tasks
Desirable
Working knowledge of Power BI or similar visualisation software
Use of Excel Macros or DAX
Previous experience using MS Vision
REF-(Apply online only)
Location: Bolham, GB
Posted Date: 12/21/2024
Contact Information
| Contact | Human Resources PIB Group |
|---|