Financial Assessor
Job summary
The Infected Blood Compensation Authority (IBCA) is a new arm’s-length body set up, at unprecedented pace, to administer compensation to people whose lives have been impacted by the infected blood scandal.
IBCA will ensure payment is made in recognition of the wrongs experienced by those who have been infected by HIV, Hepatitis B or C, as well as those who love and care for them. They have been frustrated and distressed by the delays in achieving proper recognition, and we must help put this right.
We are committed to putting the infected and affected blood community at the centre of every decision we make and every step we take to build our organisation to deliver compensation payments.
IBCA employees will be public servants. If successful in this role you will be appointed directly into IBCA, on IBCA terms and conditions as a public servant.
Successful applicants will join the Civil Service Pension Scheme.
Please note that the mission of IBCA means that it is likely to be fully operational for a period of approximately up to 5 years, after which IBCA will become a smaller residual service. When IBCA’s work begins to wind down, IBCA employees will receive support and practical guidance to find a new role, whether in the Civil Service, another Arm's Length Body (ALB), or an external employer.
Job description
Are you ready to embark on a rewarding career where your expertise can make a real difference? We invite you to join our Operations Directorate as a Financial Assessor. In this pivotal role, you will collaborate closely with Claim Managers and Service Integrity & Improvement (Fraud and Error) colleagues to ensure accurate calculations in complex historic cases, delivering the compensation people who wish to claim are owed promptly and fairly.Person specification
As part of the role, you will:
- Lead payment reporting and forecasting. (incl payment forecasts, cash management forecasts, error reporting).
- Conduct financial assurance for payments. (Right person, right time. Payment issue resolution. Calculation checking).
- Undertake a complex calculation as part of the compensation calculation including financial assessment for exceptional loss supplemental award.
- Assist with Quality Assurance (non-financial) as demand dictates.
- Offer expert guidance on compensation calculations to progress cases effectively.
- Lead initiatives in an agile environment, contributing to the development of a product while embracing challenges with adaptability and innovation.
- Ensure Accurate Compensation Calculations: Provide expert validation and assurance for compensation calculations, guaranteeing fairness and accuracy in all cases.
- Maintain Process Assurance and Compliance: Uphold and reinforce robust processes to ensure compliance with policies and regulations, fostering integrity and transparency.
- Guarantee Payment Accuracy: Conduct meticulous checks to confirm payment amounts are correct, ensuring claimants receive what they are rightfully owed.
- Running reports for finance: Actuals: awards made, payments made, current stock of liabilities; cash forecast: live claims likely to be awarded; lump sum and recurrent payments forecast.
- Creating more sophisticated modelling for payment forecasts once we see actual claimant choices, values and volumes.
Who We Are Looking For:
A strategic thinker with a passion for delivering justice and excellence in financial services.
A financial professional, proficient and confident with complex information and numbers.
An adaptable team player with resilience and an innovative mindset to thrive in uncertainty and ambiguity.
Essential skills:
- Strong mathematical and analytical capability. Ability to work comfortably with financial models.
- Demonstrable experience of key attention to detail
- Ability to communicate complicated calculations and judgements to potentially vulnerable claimants.
- Ability to work Independently and as part of a team.
- Strong experience working in an accountancy, actuarial or finance role.
- Experience working with customers or the public.
- Degree/NVQ6/equivalent or working towards qualification in accountancy/finance/mathematics/data science or significant work experience in an equivalent role.
Desirable skills:
- Experience working in Compliance.
- Experience of working in a challenging compliance environment;
- Experience of delivering training.
Additional information:
A minimum 60% of your working time should be spent at your principal workplace. Although requirements to attend other locations for official business will also count towards this level of attendance.
Qualifications
Degree/NVQ6/equivalent or working towards qualification in accountancy/finance/mathematics/data science or significant work experience in an equivalent role.Benefits
Alongside your salary of £39,439, Infected Blood Compensation Authority contributes £11,425 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).- Premium allowance paid monthly after probation
- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversity
- A Civil Service Pension which provides an attractive pension, benefits for dependants and employer contributions of 28.97%
- 32.5 days of paid annual leave plus 8 bank holidays
- Family friendly policies to support you and your everyday responsibilities
- Enhanced maternity and paternity leave, up to 12 months shared parental leave
Things you need to know
Artificial intelligence
Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.Selection process details
This vacancy is using Success Profiles (opens in a new window), and will assess your Strengths and Experience.Application information
As part of your application, you will be asked to complete an anonymised CV, which should include your career history, skills, experience and qualifications.
You will also be asked to complete a Personal Statement, of no more than 750 words, that demonstrates how you meet the Essential Skills for the role.
At sift, you will be assessed on your CV and Personal Statement.
Should you be successful at sift, you will be invited to attend an interview where you will be assessed on experience and strengths.
Expected timeline (subject to change)
Expected sift date – w/c 5 October 2026
Expected interview date/s – w/c 12 October 2026
Interview location - Your interview will either be conducted face to face or by video.
You will be notified of the location if you are selected for an interview.
Reasonable Adjustments
If a person with disabilities is put at a substantial disadvantage compared to a non-disabled person, we have a duty to make reasonable changes to our processes.
If you need a change to be made so that you can make your application, you should:
Contact Government Recruitment Service via IBCA.grs@cabinetoffice.gov.uk as soon as possible before the closing date to discuss your needs.
Complete the ‘Assistance required’ section in the ‘Additional requirements’ page of your application form to tell us what changes or help you might need further on in the recruitment process. For instance, you may need wheelchair access at interview, or if you’re deaf, a Language Service Professional.
Sponsorship
IBCA recruitment policy limits Skilled Worker visa sponsorship solely to roles designated as business-critical (internal role not prioritised as hard to fill). Because this position does not fall into that category, we will not be offering sponsorship. Therefore, to be considered for this role, you must be able to demonstrate your right to work in the UK without requiring employer sponsorship.
Further Information
A reserve list may be held for a period of 12 months from which further appointments can be made.
Any move to IBCA from another employer will mean you can no longer access childcare vouchers. You may however be eligible for other government schemes, including Tax Free Childcare; for further information visit the Childcare Choices website)
Please note that this role requires SC clearance, which would normally need 5 UK residency in the past 5-years. This is not an absolute requirement, but supplementary checks may be needed where individuals have not lived in the UK for that period. This may mean your security clearance (and therefore your appointment) will take longer or, in some cases, not be possible.
For further information on National Security Vetting please visit the Demystifying Vetting website.
In order to process applications without delay, we will be sending a Criminal Record Check to Disclosure and Barring Service on your behalf.
However, we recognise in exceptional circumstances some candidates will want to send their completed forms direct. If you will be doing this, please advise Government Recruitment Service of your intention by emailing Pre-EmploymentChecks.grs@cabinetoffice.gov.uk stating the job reference number in the subject heading.
Applicants who are successful at interview will be, as part of pre-employment screening, subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant’s details held on the IFD will be refused employment.
A candidate is not eligible to apply for a role within the IBCA if the application is made within a 5-year period following a dismissal for carrying out internal fraud against government.
This role is full time only. Applicants who wish to work an alternative pattern are welcome to apply however your preferred working pattern may not be available and you should discuss this with the vacancy holder before applying.
If you are experiencing accessibility problems with any attachments on this advert, please contact the email address in the 'Contact point for applicants' section.
PLEASE NOTE: IBCA employees are public servants, therefore the Civil Service Nationality Rules (CSNR) do not apply. Candidates who do not meet the CSNR are welcome to apply and applications will not be rejected: successful candidates however will be subject to a Right to Work check to work within the UK.
Feedback
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a basic (or equivalent) criminal record check.Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).See our vetting charter (opens in a new window).People working with government assets must complete baseline personnel security standard (opens in new window) checks.
Nationality requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Working for the Civil Service
Please note this Post is NOT regulated by the Civil Service Commission.The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.Diversity and Inclusion
The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).Apply and further information
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.Contact point for applicants
Job contact :
- Name : ibca.recruitment@ibca.org.uk
- Email : ibca.recruitment@ibca.org.uk
Recruitment team
- Email : IBCA.grs@cabinetoffice.gov.uk
Further information
Our recruitment and selection processes are underpinned by the requirement of selection for appointment on the basis of merit by a fair and open competition. If you feel your application has not been treated in accordance with these principles and you wish to make a complaint, you should contact the Resourcing Team at IBCA.grs@cabinetoffice.gov.ukAttachments
Employee Offer Opens in new window (pdf, 1851kB)Salary range
- £39,439 per year