We are recruiting for a IBA Technician to join our Finance Team. This is a key role in the management of premium reconciliation, monthly insurer statements, and the production of management information for stakeholders across the business.
Established in 1983, Hood Group is a UK-based insurance services provider with over four decades of industry expertise. We collaborate with start-ups, consumer brands, and major insurers to deliver innovative insurance solutions. At Hood Group, we are committed to helping our partners, including John Lewis Partnership and Ticker Insurance, to transform their insurance propositions through pioneering business models and products.
Key Responsibilities:
* Manage and execute monthly calculations and reconciliations for key accounts
* Handle daily financial transactions including broker commission processing, collection files, and customer refunds.
* Engage in database management, modelling, and contribute to internal project meetings.
* Produce various internal and external reports and handle related queries.
What We Need From You:
* Previous experience as IBA Technician, preferably from insurance industry
* Advanced proficiency in Excel and strong database management skills.
* A keen eye for detail and excellent problem-solving abilities.
* Strong understanding of financial transactions and high-volume reconciliations.
* Excellent verbal and written communication skills.
Why join us?
At Hood Group, we take pride in creating a collaborative working environment that nurtures creativity and encourages forward thinking. Joining our team means more than just achieving objectives - it's about being part of a community that makes working at Hood Group truly exceptional.
Our comprehensive benefits package includes:
* We are offering 31 days annual leave (including bank holidays)
* Employee Assistance Program
* Eye Care Vouchers including discount on glasses
* Pension Scheme
* Health cash plan
* Incentive of £250 on Refer a friend scheme
* Social company events, we want you to be part of the Hood Group community
* Employee Recognition Scheme - Hood Heroes, we celebrate and recognise your contribution to Hood Group
* We will supply your laptop and any other necessary professional equipment as required