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- Tasks: Support daily operations, process payments, and assist with audits in a dynamic team.
- Company: Join a prestigious Lloyds Syndicate known for its inclusive culture and employee care.
- Benefits: Enjoy perks like a free canteen, private GP service, and a supportive work environment.
- Why this job: Be part of a collaborative team that values diversity and offers growth opportunities.
- Qualifications: 1-4 years in insurance operations; CII qualification preferred but not essential.
- Other info: Ideal for proactive individuals eager to thrive in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
We are recruiting for an Operations Assistant vacancy on behalf of one of our top client companies. They are an extremely highly regarded and long-established Lloyds Syndicate and re/insurer. This is an extremely broad and analytical Global role, requiring excellent stakeholder management and problem-solving skills, in a growing operations team. Embracing inclusion and diversity, this company truly values and looks after their staff, providing a dynamic, positive and engaging culture and first-class benefits, including some nice extras such as a free quality staff canteen and free City same day private GP service. It’s easy to see why they enjoy low staff turnover rates, offering such a great environment for positive, hard-working individuals to thrive and grow in.
Key responsibilities:
- Performing day-to-day responsibilities which may include: processing premium, premium adjustments, commissions and claim payments in their accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support.
- Supporting development, implementation and documentation of processes and controls for efficient handling of portfolio of responsibilities.
- Assisting with development and oversight of metrics and KPIs ensuring they align to the goals of the team.
- Helping to support Claims, Reserving, Underwriting and Finance departments.
- External communication with Brokers.
- Support for adherence to contract certainty.
- Assist with implementation and execution of special/ad hoc projects within the Operations Department.
- Provide support to the broader Operations team to help ensure smooth and efficient monthly and quarterly closes.
- Assist with requests from both Internal and External Auditors.
- Ensuring SOX compliance for Operations processes.
- Ensure all responsibilities are carried out with a high degree of quality, in a timely manner.
Required experience:
- 1-4 years experience gained in a London Insurance Market operational role from any discipline, i.e. Underwriting or Claims Support, gained in a Re/Insurer or Brokers.
- A good level of education.
- Ideally CII qualified or keen to study for.
- Must be a collaborative team player, with good communication and analysis/problem-solving skills.
Please note that if you have not heard from us within 7 days, your application has not been successful. Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.
Technical Operations Assistant-Reinsurance & Lloyds employer: Bunn Abbott Consulting
Contact Detail:
Bunn Abbott Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Operations Assistant-Reinsurance & Lloyds
✨Tip Number 1
Familiarise yourself with the Lloyd's market and its operations. Understanding the unique aspects of this sector will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in operations roles. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the company culture.
✨Tip Number 3
Brush up on your analytical skills and problem-solving techniques. Be prepared to discuss specific examples of how you've tackled challenges in previous roles, as this will showcase your ability to handle the responsibilities outlined in the job description.
✨Tip Number 4
Research the company's values and culture, particularly their commitment to inclusion and diversity. Tailor your discussions to reflect how your personal values align with theirs, which can set you apart as a candidate who fits well within their team.
We think you need these skills to ace Technical Operations Assistant-Reinsurance & Lloyds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the London Insurance Market, particularly in operational roles. Emphasise any specific skills related to stakeholder management, problem-solving, and your familiarity with accounting systems.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your understanding of their commitment to inclusion and diversity, and how your values align with theirs. Be specific about how your previous experiences make you a great fit for the position.
Highlight Relevant Qualifications: If you have CII qualifications or are keen to study for them, make sure to mention this prominently in your application. This shows your commitment to professional development and aligns with the company's expectations.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Bunn Abbott Consulting
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Technical Operations Assistant in the reinsurance and Lloyds sector. Familiarise yourself with key terms like premium processing, cash management, and SOX compliance, as these will likely come up during your interview.
✨Showcase Your Analytical Skills
Since this role requires strong analytical abilities, be prepared to discuss specific examples from your past experience where you've successfully solved problems or improved processes. Highlight any metrics or KPIs you've worked with to demonstrate your impact.
✨Emphasise Team Collaboration
This position values collaboration, so be ready to share experiences that showcase your ability to work effectively within a team. Discuss how you've communicated with different stakeholders, including brokers and internal departments, to achieve common goals.
✨Research the Company Culture
The company prides itself on its inclusive and engaging culture. Before the interview, take some time to research their values and benefits. Be prepared to discuss why you would thrive in such an environment and how you align with their commitment to diversity and staff well-being.
