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Insurance Administrator
2 months ago
Insurance Administrator
Our client is an award-winning financial services provider based in the City of London.
We currently have an opportunity for an Insurance Administrator to join a highly experienced commercial insurance team. You will play an important role in supporting the team which specialises in areas of insurance such as Real Estate, Receivers Real Estate, Directors & Officers & Engineering Inspections/Insurance
You will need to have at least 12 months’ experience within the insurance industry (commercial / business policies, real estate / property owners). Those from a household insurance background will be considered.
You will need to have an understanding of the basic principles of insurance, quote forms, understanding what a schedule is/policy wording.
The role will require a lot of reading of documents and correspondence, attention to detail and patience will be key to the role.
Responsibilities:
- Reading through client correspondence files to understand client needs
- Reading through historical correspondence files if needed
- Filing client correspondence into system
- Finding Insurer documentation, invoices and recent correspondence in files
- Updating Quotation forms to new format, Compliance checks for Company Names & Directors
- Putting together Pre-renewal correspondence to clients 6 weeks prior to the renewal date and working alongside the Account Executives
- Updating Renewal changes on forms received by clients and towards Howdens point of contact
- Using received Terms to put together renewal reports for Account Executives to add financial advice
- Adding premiums to client accounts on computer system
- Chasing clients for renewal instructions
- Instructing Insurers to incept cover by renewal date
- Chasing client for aged debt
- Checking over documents for errors
- Reading Engineering Reports, filing correspondence from Insurers and clients in files, sending engineering reports to client.
Experience required:
- Minimum 12 months experience within the insurance industry (commercial / business policies, real estate / property owners).
- Experience of Microsoft Office, Outlook, Teams and Microsoft folder/filing systems.
- Excellent communication skills, written and verbal - ability to construct professional correspondence with clients.
- Self starter, highly organised and have great attention to detail.
- Team player
Up to £35k basic + Bonus + Benefits (Dependent on experience)