Insurance Administrator

Posted 6 days ago
BSS Recruitment
Insurance Administrator
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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.

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