Hybrid Insurance Administrator
2 months ago
Job Summary:
We are seeking a highly skilled and experienced Hybrid Insurance Administrator to join our team at Lawes Insurance Recruitment. As a Hybrid Insurance Administrator, you will be responsible for a wide range of tasks, including:
- Policy Administration: Process slips, proposal forms, and full policy schedules, wordings, and endorsements.
- Risk Management: Process risks and premium bordereau, and ensure compliance with industry regulations and company policies.
- Claims Management: Process claims bordereau and claims collection in a timely fashion, and 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 compliance with industry regulations, company policies, and ethical practices while handling insurance premium and claims money.
- Account Management: Deal with accounts procedures, including 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 them with any queries, in addition to dealing with premium signing queries from the bureau or underwriters.
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.
- Business Acumen: Knowledge of main classes of business, including PI, PO, PA, D&O, General Liability, and Legal Expenses, in which IPR is specialized.
- Technical Skills: Proficiency in insurance funds processing and policy issuance, and proficiency in using insurance management software and other relevant technology.
- Language Skills: Italian as a plus.
What We Offer:
- Competitive Salary: Reviewed annually.
- Annual Performance Bonus:
- Private Health Insurance:
- Life Insurance:
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