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For Companies At a Glance
- Tasks: Collaborate with teams to manage invoices, claims, and ensure smooth operations.
- Company: Join a growing international insurance broker making waves in the industry.
- Benefits: Enjoy a dynamic work environment with opportunities for collaboration and growth.
- Why this job: Shape operational strategies while working with global teams in a fast-paced setting.
- Qualifications: Strong Lloyd's market experience and advanced Excel skills are essential.
- Other info: Ideal for those passionate about insurance and looking to make an impact.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Arthur is exclusively partnered with a growing, international Insurance Brokers who is hiring a Senior Operations Analyst. Reporting to the Operations Lead, you’ll work closely with broking teams across London, Europe, and global offices. Key Responsibilities
- Liaise with brokers, clients, and insurers to create and maintain invoices and work packages.
- Ensure internal processes and controls are consistently followed.
- Support and drive the effective use of systems and tools for policy management.
- Manage Lloyd’s of London submissions against agreed SLAs, following up as required.
- Handle submission and invoice queries to ensure smooth payment processing.
- Process complex claims settlements, recoveries, and fee payments.
We’re looking for someone with strong Lloyd’s market experience with a strong understanding of insurance invoicing and processing, Xchanging applications including IMR and ECF, and policy documents such as MRCs and premium calculations. Experience in Credit Insurance or Political Risk is highly valued, alongside solid knowledge of placement taxes and financial transactions. Advanced Excel and MS Office skills are essential, as is the ability to work effectively with international teams. This is a fantastic opportunity for someone looking to move into a dynamic, collaborative environment where you’ll help shape an effective operations delivery model to support their broking teams.
Senior Operations Analyst employer: Arthur
Contact Detail:
Arthur Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Operations Analyst
✨Tip Number 1
Familiarise yourself with the Lloyd's market and its processes. Understanding how submissions and invoicing work in this specific environment will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience with Xchanging applications. Engaging with them can provide insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your advanced Excel skills, focusing on functions that are commonly used in financial analysis and reporting. Being able to demonstrate these skills practically can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with complex claims settlements and recoveries. Be ready to share specific examples of how you've successfully managed these processes in previous roles.
We think you need these skills to ace Senior Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the Lloyd's market, insurance invoicing, and processing. Use specific examples that demonstrate your expertise with Xchanging applications and policy documents.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your experience with complex claims settlements and how you can contribute to the operations delivery model.
Highlight Technical Skills: Emphasise your advanced Excel and MS Office skills in both your CV and cover letter. Provide examples of how you've used these tools to improve processes or drive efficiency in previous roles.
Showcase International Experience: If you have experience working with international teams, make sure to highlight this. Discuss how your collaborative approach has led to successful outcomes in past projects.
How to prepare for a job interview at Arthur
✨Showcase Your Lloyd's Market Experience
Make sure to highlight your experience in the Lloyd's market during the interview. Be prepared to discuss specific examples of how you've managed submissions and invoicing processes, as this will demonstrate your understanding of the role's key responsibilities.
✨Demonstrate Your Technical Skills
Since advanced Excel and MS Office skills are essential for this position, be ready to discuss your proficiency with these tools. You might even want to prepare a few examples of how you've used them to streamline operations or improve efficiency in previous roles.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities, especially regarding complex claims settlements and invoice queries. Think about past challenges you've faced and how you resolved them, as this will showcase your analytical skills and operational expertise.
✨Emphasise Collaboration and Communication
Given the role involves liaising with various teams across different locations, emphasise your ability to work collaboratively. Share examples of how you've effectively communicated with international teams and navigated cultural differences to achieve successful outcomes.
