IBA Associate
Likely
Sponsorship likelihood
This employer has issued visas recently
Not disclosed
Salary
Not disclosed by employer
£45,800
Going rate
Skilled Worker going rate
This role likely qualifies for a Skilled Worker visa
SOC 2422 (70% match) is an eligible occupation, with a going rate of £45,800, and Lockton is a licensed sponsor. That is our reading of the rules. Whether they issue a Certificate of Sponsorship is still their call.
This could also be SOC 3531 (Brokers, Works within insurance broker accounts team liaising with brokers and underwriters) or SOC 4122 (Book-keepers, payroll managers and wages clerks, Reconciliation and management of client money accounts). We read the code off the advert, so it is our best guess, not the employer's.
New graduate or PhD holder? Pick one of the lower rates.
What each route needs for this job
| Occupation code | New entrant 70% of going rate | STEM PhD 80% of going rate | Relevant PhD 90% of going rate | Standard rate 100% of going rate |
|---|---|---|---|---|
2422 Finance and investment analysts and advisers Most likely code | £33,400 | £36,700 | £41,200 | £45,800 |
3531 Brokers Also possible | £36,700 | £52,400 | £52,400 | £52,400 |
4122 Book-keepers, payroll managers and wages clerks Also possible | £33,400 | £41,700 | £41,700 | £41,700 |
We use the lowest threshold across the plausible codes. Likelihood is Possible at most when the pay clears only a lower rate, or only under a less likely code. How the Home Office picks the code
About the role
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.
This is an excellent role for someone with an interest in finance and a keen eye for detail to join a dynamic and growing business. The successful candidate will demonstrate a high degree of accuracy and initiative and will be an excellent communicator who builds positive and successful relationships with stakeholders.
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.
Key responsibilities include:
- Credit control of an assigned set of client accounts
- Review, diary management and escalation of queries/ differences to the business to ensure timely resolution and ensure cash received is matched in a timely manner
- Acting as liaison for our clients with internal divisional stakeholders
- Reconciliation of accounts
- Managing query escalation to Lockton's broking divisions and within IBA, ensuring compliance with internal procedures and external regulatory requirements
- Complying with internal procedures and external regulatory requirements
You should have:
- A good understanding of the general and legal principles applicable to insurance in particular FSA client money rules.
- A working knowledge of the desktop software provided by Lockton including Microsoft Office suite, Excel, Brokasure BE/EA, Power BI, Sector and A4B.
- Good numerical ability and an analytical mindset
- Adaptable and change orientated
- Adopts right first-time approach
- Works well as part of a team in support of other team colleagues
This description is the source posting as it read when we added it. We are not affiliated with Lockton, so check their own site for the current details.
Where this offer sits in the market
Finance and investment analysts and advisers (SOC 2422) · UK · ONS ASHE 2025 · basic pay · ~203k in sample- Middle half £36,296–68,744
- Median £49,816
- Going rate £45,800
- Threshold £41,700
- New entrant £33,400–41,200
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About sponsorship for this role
Does this job guarantee visa sponsorship?
Not necessarily. Lockton holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 2422 going rate of £45,800. New-entrant and shortage discounts can lower it.