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Administrator - Policy Servicing Team

4 months ago


Isle of Man, United Kingdom Shearwater Recruitment Full time

**Position Overview**:
As an Administrator in the Policy Servicing Team, you will be responsible for providing vital support in the day-to-day operations of policy servicing within the organization. This role involves efficiently handling policy changes, updates, and endorsements while ensuring accurate record-keeping and compliance with company guidelines and regulatory requirements. The Administrator plays a crucial role in delivering excellent customer service to policyholders and intermediaries, contributing to the overall success of the policy servicing function.

**Key Responsibilities**:
Policy Servicing Operations:

- Process policy changes, updates, and endorsements accurately and in a timely manner.
- Collaborate with relevant teams, such as Underwriting and Claims, to facilitate seamless policy servicing operations.

Customer Service:

- Respond promptly and professionally to policyholders’ and intermediaries’ inquiries and concerns related to policy servicing.
- Handle routine and escalated customer issues and work towards satisfactory resolutions.

Data Entry and Record-Keeping:

- Maintain accurate and up-to-date records of policy servicing activities, ensuring all changes and updates are appropriately documented.

Compliance and Quality Assurance:

- Ensure compliance with company policies, procedures, and regulatory requirements in all policy servicing activities.
- Participate in quality assurance checks to validate the accuracy of policy servicing processes.

Reporting and Analytics:

- Prepare regular reports on policy servicing activities, customer feedback, and key performance indicators (KPIs) for management review.
- Use data and analytics to identify trends and areas for process improvement.

Process Improvement:

- Identify opportunities to enhance operational efficiency and customer experience in policy servicing.
- Collaborate with team members and supervisors to implement process improvements and automation.

Cross-Functional Collaboration:

- Collaborate with other teams, such as the New Business team and Customer Support, to ensure a seamless flow of information and optimal customer service.

**Qualifications and Skills**:

- High school diploma or equivalent; additional education in business, insurance, or related fields is a plus.
- Proven experience in administrative roles, preferably in insurance or financial services.
- Strong attention to detail and accuracy in data entry and record-keeping.
- Excellent communication and interpersonal skills to interact effectively with customers and team members.
- Familiarity with insurance policies and basic insurance terminology is advantageous.
- Ability to work well in a team and collaborate with cross-functional departments.
- Proficiency in using office software and administrative tools.
- Strong organizational and time management skills to handle multiple tasks efficiently.
- Knowledge of relevant industry regulations and compliance requirements is a plus.

**Salary**: £22,000.00-£24,000.00 per year

**Benefits**:

- Company pension
- Free parking
- Life insurance
- On-site parking
- Sick pay

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus scheme

Application question(s):

- Are you willing to relocate to the Isle of Man on a permanent basis?