Premium Finance Administrator - Insurance (Hybrid) in Newcastle upon Tyne

Premium Finance Administrator - Insurance (Hybrid) in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support premium finance function and manage payments with precision.
  • Company: Join Benefact Group, a sustainable and employee-focused company in Newcastle.
  • Benefits: Enjoy competitive salary, hybrid work, bonuses, and pension contributions.
  • Other info: Great opportunities for personal and professional development.
  • Why this job: Be part of a thriving team dedicated to high-quality service and sustainability.
  • Qualifications: Detail-oriented with strong finance and administrative skills.

The predicted salary is between 30000 - 40000 £ per year.

Benefact Group plc in Newcastle upon Tyne is seeking a detail-oriented Insurance Finance Administrator. You will support the premium finance function, ensuring the accuracy of finance agreements and managing payments efficiently.

Join a thriving company known for its commitment to sustainability and employee development, with a focus on delivering high-quality service. A competitive salary is offered, along with hybrid working options and robust employee benefits including annual bonuses and pension contributions.

Premium Finance Administrator - Insurance (Hybrid) in Newcastle upon Tyne employer: Benefact Group plc

Benefact Group plc is an exceptional employer located in Newcastle upon Tyne, offering a dynamic work environment that prioritises sustainability and employee growth. With a strong commitment to high-quality service, employees benefit from competitive salaries, hybrid working options, and comprehensive perks such as annual bonuses and pension contributions, making it a rewarding place to build a career.

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Contact Details:

Benefact Group plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Premium Finance Administrator - Insurance (Hybrid) in Newcastle upon Tyne

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 Benefact Group plc). 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 Benefact Group plc. 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 Premium Finance Administrator - Insurance (Hybrid) in Newcastle upon Tyne

Attention to Detail
Finance Management
Payment Processing
Accuracy in Financial Agreements
Customer Service Skills
Organisational Skills
Time Management

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 Benefact Group plc.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Benefact Group plc. 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 Benefact Group plc

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Benefact Group plc 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 Benefact Group plc, 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 Benefact Group plc'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.