Insurance Administrator

2 weeks ago


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

We are seeking a highly skilled and experienced Insurance Administrator to join our team at Lawes Insurance Recruitment. As an Insurance Administrator, you will be responsible for ensuring the smooth operation of our insurance business, including the processing of premiums, claims, and policy schedules.

Key Responsibilities:
  • Process slips, proposal forms, and policy schedules, wordings, and endorsements.
  • Process risks and premium bordereau.
  • Process claims bordereau and claims collection in a timely fashion.
  • Review and provide claims history, loss information, major claims analysis, and figures to other divisions, underwriters, and clients.
  • Back-up for compliance and regulatory issues.
  • Deal with accounts procedures (credit control, cash allocations, accounts reconciliation, analysis of results).
  • 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.
  • Ensure compliance with industry regulations, company policies, and ethical practices while handling insurance premium and claims money.
  • Proven knowledge of insurance principles and practices with a particular focus on Lloyd's, London, and International insurance markets.
  • Solid understanding of industry regulations and compliance requirements (CASS rules and legal principles governing insurance).
  • Knowledge of main classes of business (PI, PO, PA, D&O, General Liability, Legal Expenses) in which IPR is specialised.
  • Proficiency in insurance funds processing and policy issuance.
  • Proficiency in using insurance management software and other relevant technology.
  • Italian as a plus.
  • Competitive salary, reviewed annually.
  • Annual performance bonus.
  • Private health insurance.
  • Life insurance.

We are looking for a highly motivated and organized individual with excellent communication skills and a strong attention to detail. If you have the relevant experience and skills, please contact us to discuss this opportunity further.



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