Iba Associate

7 months ago

London, United Kingdom Lockton, Inc. Full time

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.**
- Job type
- Experienced Professional
- Your Responsibilities

An exciting opportunity has arisen for an analytical individual to join our Insurance Broker Accounts (IBA) team - who work closely with Lockton’s clients and insurance underwriters to carry out the reconciliation and management of client money.

Based in our Brighton office, you will benefit from the support of a longstanding professional team to support this next stage in your career and professional development.

Role responsibilities:

- Act as liaison for our clients or insurance underwriters - constantly work to improve and strengthen relationships, and review processes to mutual benefit including instigating key insurer partnership meetings
- Responsibility for the reconciliation of accounts by working with clients to ensure funds are collected, and ability to work efficiently in a fast-paced environment
- Responsibility for making premium payments (PPWs) to insurance underwriters to deadlines
- Manage query escalation to Lockton’s broking divisions and within IBA, ensuring compliance with internal procedures and external regulatory requirements
- Maintain tracking systems and reports, and ensure accurate data and record management
- Qualifications- Good numerical ability and an analytical mindset
- Ability to compile, analyse and interpret financial information and data to facilitate decision making, with excellent attention to detail
- An effective communicator, with the ability to build and maintain positive and successful business relationships with Lockton colleagues, our clients and insurers
- Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
- Excellent knowledge of the Microsoft Office suite, including Excel
- An understanding of cash collection/payment processes is desirable (such as general insurance accounting and client invoicing)

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 10,000+ Associates doing business in over 100 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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