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Insurance Administrator

2 months ago


London, Greater London, United Kingdom Lawes Insurance Recruitment Full time
Job Title: Hybrid Insurance Administrator

We are seeking a highly skilled Hybrid Insurance Administrator to join our team at Lawes Insurance Recruitment. As a key member of our operations team, you will be responsible for ensuring the smooth processing of insurance premiums and claims.

Key Responsibilities:
  • Slips and Policy Management: Process slips, proposal forms, and full policy schedules, wordings, and endorsements.
  • Risk and Premium Management: Process risks and premium bordereau, and ensure timely claims collection.
  • Claims Management: Review and provide claims history, loss information, major claims analysis, and figures to other divisions, underwriters, and clients.
  • Compliance and Regulatory: Back-up for compliance and regulatory issues, and ensure adherence to industry regulations and company policies.
  • Accounts and Finance: Deal with accounts procedures, credit control, cash allocations, accounts reconciliation, and analysis of results.
  • Liaison and Communication: Liaise with Velonetic regarding payment of premium to market and bureau, and assist with any queries.
Requirements:
  • Insurance Knowledge: Proven knowledge of insurance principles and practices, with a particular focus on Lloyd's, London, and International insurance markets.
  • Regulatory Compliance: Solid understanding of industry regulations and compliance requirements, including CASS rules and legal principles governing insurance.
  • Technical Skills: Proficiency in insurance funds processing and policy issuance, as well as insurance management software and other relevant technology.
  • Language: Italian as a plus.
What We Offer:
  • Competitive Salary: Reviewed annually.
  • Annual Performance Bonus: Opportunity to earn a bonus based on performance.
  • Private Health Insurance: Comprehensive health insurance for you and your family.
  • Life Insurance: Life insurance coverage for you and your dependents.