Investments and MI Technician (Insurance Broking)

This role is a great opportunity for an individual new to MI and looking to expand on their Excel skills by working within an MI team to identify, analyse and interpret trends and patterns within an IBA/Treasury environment. The role will focus on monitoring and investing Group balances in money market funds whilst building and providing key information to the business around company performance.

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

• 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.

• 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.
• Previous experience in finance administration or reconciliation would be desirable.
• Knowledge of the insurance industry and insurer accounting is a plus.
• Working knowledge of Power BI or similar visualisation software.
• Use of Excel Macros or DAX.
• Previous experience using MS Visio.

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.