At a Glance
- Tasks: Support the Insurance team and ensure clients receive top-notch service throughout their insurance journey.
- Company: Join a rapidly growing FCA-regulated financial services firm in Harrow.
- Benefits: Competitive salary, career development, and a supportive work environment.
- Other info: Exciting opportunities for long-term career progression in a fast-paced industry.
- Why this job: Be part of a dynamic team and make a real difference in clients' lives.
- Qualifications: 2+ years in insurance administration and strong communication skills.
The predicted salary is between 31500 - 38500 £ per year.
Join a growing financial services business. 167 Solutions is recruiting on behalf of a well-established, FCA-regulated financial services organisation that is experiencing significant growth and has ambitious plans to double in size over the coming years. Operating as a modern family office, the business provides Wealth Management, Mortgages, Commercial Finance, Protection and Insurance services to a broad portfolio of clients, including High Net Worth (HNW) individuals, business owners and families.
Due to continued expansion, we are seeking an organised and customer-focused Insurance Administrator to support the Insurance and Protection team. This is an excellent opportunity for an individual with insurance administration experience who is looking to develop their career within a professional and growing organisation.
The Role
- Managing insurance applications from submission through to completion.
- Liaising with clients, insurers, underwriters and providers.
- Preparing policy documentation and client correspondence.
- Processing new business, renewals, amendments and cancellations.
- Maintaining accurate records within the CRM system.
- Monitoring outstanding requirements and policy progress.
- Supporting advisers with administrative and compliance activities.
- Ensuring all documentation meets FCA regulatory standards.
- Providing excellent customer service to clients and stakeholders.
Essential Experience
- Minimum 2 years' experience in an Insurance Administration role.
- Experience working within a regulated financial services or insurance environment.
- Strong understanding of insurance products and policy administration processes.
- Experience dealing with insurers, underwriters and clients.
- Excellent attention to detail and organisational skills.
- Strong written and verbal communication skills.
- Confident using CRM systems and Microsoft Office applications.
Desirable Experience
- Experience supporting Protection, Life Insurance, Private Medical Insurance or General Insurance products.
- Knowledge of FCA compliance requirements.
- Experience within an IFA, Wealth Management, Mortgage Brokerage or Insurance Brokerage environment.
Personal Attributes
- Highly organised and detail-oriented.
- Professional and client-focused.
- Able to manage multiple priorities and deadlines.
- Proactive and solutions-driven.
- A strong team player with excellent interpersonal skills.
- Comfortable working within a fast-paced and growing business.
What's on Offer?
- Competitive salary of £28,000 - £35,000 depending on experience.
- Opportunity to join a growing FCA-regulated business.
- Exposure to Wealth Management, Mortgages, Commercial Finance and Insurance.
- Career development opportunities as the business expands.
- Supportive and collaborative working environment.
- Long-term career progression within a rapidly growing organisation.
If you have insurance administration experience and are looking to join a business with ambitious growth plans and a strong reputation for client service, we'd love to hear from you.
Commercial Insurance Administrator employer: 167 Solutions Ltd
Join a forward-thinking organisation in Birmingham that values innovation and collaboration, making it an excellent employer for Salesforce Developers. With a strong focus on employee growth, you will have the opportunity to work on impactful projects while enjoying a supportive work culture that encourages professional development and teamwork. The competitive salary and benefits package further enhance the appeal of this role, making it a rewarding place to advance your career in technology and digital transformation.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Administrator
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like 167 Solutions Ltd). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like 167 Solutions Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Insurance Administrator
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at 167 Solutions Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at 167 Solutions Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at 167 Solutions Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at 167 Solutions Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at 167 Solutions Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding 167 Solutions Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
