Senior Group Risk Administrator

We're looking for a Senior Group Risk Administrator

Location: Blackfriars, City of London
Contract Type: 12-Month FTC
Salary: £38,000 - £40,000 per annum
Working Pattern: Full Time, Hybrid

Are you an experienced administrator with a keen interest in employee benefits and group risk products? Do you thrive in a dynamic environment where you can truly make an impact? If so, our client, a leading organisation in the finance industry, has an exciting opportunity just for you

What You'll Do:

As the Senior Group Risk Administrator, you will be the backbone of our client's employee benefits team, ensuring top-notch service delivery to advisers and clients alike. Your key responsibilities will include:

Managing complex processes related to group risk products such as Group Life, Income Protection, and Critical Illness.
Processing new business applications, renewals, and amendments for group risk policies with meticulous attention to detail.
Liaising with insurers to obtain quotations, underwriting decisions, and policy documentation efficiently.
Maintaining compliance standards and accurate records in alignment with FCA regulations.
Assisting with audits and compliance checks as necessary.
Preparing and maintaining insightful reports on scheme performance, renewals, and pipeline activity.
Contributing to process improvements and best practises initiatives within the team.

What You Bring:

To shine in this role, you should possess:

Previous experience in financial services or insurance administration, ideally focused on group risk or employee benefits.
Strong knowledge of Group Risk products and market practises.
Excellent communication skills, both written and verbal.
Proficiency in Microsoft Office and CRM systems, with a sharp eye for detail.
The ability to thrive under pressure while consistently meeting deadlines.
A commitment to confidentiality, reliability, and trustworthiness.

Experience & Knowledge:

Your background should include:

Conducting market reviews and summarising recommendations for clients.
Utilising insurers' portals for quoting and policy management.
Producing detailed reports for new business initiatives.
Experience with scheme implementations and transferring policies between insurers.

A solid understanding of key terminology and concepts related to group risk and healthcare is essential, including:

Registered/Excepted group life, total sum assured, and deferral periods.
Medical underwriting processes and benefits commonly offered by healthcare plans.

Why Join Us?

Location: Enjoy the convenience of our office, just a 7-minute walk from City Thameslink train station.
Impact: Be part of a collaborative team where your contributions truly matter.
Development: We support your professional growth and encourage continuous learning.

If you're ready to take the next step in your career and make a positive impact in the employee benefits space, we'd love to hear from you Apply today

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