Insurance Administrator
Full job description
BSS Recruitment
Salary: £26,000 per year
CORE RESPONSIBILITIES
Achieve Results through Relationships with All Parties
Deliver a personal performance that contributes towards the Company achieving its objectives,
Achieve lasting relationships with all parties (clients, markets, suppliers, third parties and other staff)
Conduct and Integrity
Ensure all dealings are carried out with integrity and professionalism
Act in utmost good faith, in accordance with the relevant Company and/or Group policies and never risk the Company’s reputation
Development and Professionalism
Continuously develop skills and knowledge
Develop others where you are responsible for their performance
SPECIFIC RESPONSIBILITIES
Clients
* Develop strong relationships with the Divisional teams
* Respond to the teams’ requirements as appropriate
* Behave with all clients (both internal and external) fairly and ethically
Markets
* Develop strong relationships with markets
* Maintain any ongoing delegated authority contracts appropriately and cost effectively
Administration
* Assist in the creation of comprehensive broking, client and other types of documents
* Processing of slips, quotes and indications
* Technical duties (including data entry, credit control, chasing subjectivities)
* Ensure up to date records are maintained at all times on the Company systems for the teams
Compliance
* Ensure compliance with all applicable Company and/or Group policies and procedures
* Ensure correct authorisation is obtained and processes followed when required by the Company and /or Group policies and procedures
* Ensure compliance with legal and regulatory requirements
* Ensure that own performance, HR and T&C records are up to date and meet the Company and/or Group’s requirements
* Maintain accurate records and deal with correspondence appropriately
* Ensure compliance with Anti Bribery and Corruption policy and procedures
Projects
* Manage assigned projects and contribute to other projects as required
* Respond appropriately to urgent issues as they arise
Market Awareness
* Keep informed of all legal and regulatory developments relevant to the teams within each division
* Share information that could be beneficial to the Company
Skills and abilities needed to perform the role
Attention to detail with ability to produce accurate documentation
Ability to work effectively within a team and answer queries from less experienced members of staff
Prioritisation and organisational skills
Self motivated
Competent IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
Able to undertake and demonstrate competence in technical training, as required by the industry regulator
Willingness to study for professional examinations
Knowledge and Experience
in a similar role is essential.
Good technical knowledge of FCA regulations as they pertain to insurance intermediaries
Excellent understanding of processes and procedures within the insurance market
Professional Qualifications
GCSE’s (or equivalent) including English and Maths essential
A level Grade A-C (or equivalent)
Progression towards gaining professional qualifications is desired, but not essential
Location: Bedford
Salary: £26,000per year
To apply for this job please visit definitejobs.co.uk.