At a Glance
- Tasks: Lead and optimise insurance operations while mentoring a high-performing team.
- Company: Join a leading independent broker based in North Yorkshire.
- Benefits: Enjoy a competitive salary, flexible benefits, and career advancement opportunities.
- Why this job: Make a real impact in a growing organisation with a focus on efficiency and customer satisfaction.
- Qualifications: Bachelor's degree or similar qualification; strong knowledge of insurance processes and regulations required.
- Other info: Experience with insurance software and project management is a plus.
The predicted salary is between 42000 - 84000 £ per year.
Job Description
Insurance Operations Manager – York
Base Salary to 70k DOE, Flex Benefits
Our client is a Leading Independent Broker with their Head office in North Yorkshire is now looking for an Operations Manager to be based in the Head office to oversee the operations of the Business,
Job Summary: The Insurance Operations Manager will be responsible for overseeing and optimising all operational aspects of our client’s insurance business. This pivotal role requires a strong leader with a deep understanding of insurance processes, regulatory requirements, and an unwavering commitment to efficiency, accuracy, and customer satisfaction. The successful candidate will drive continuous improvement initiatives, manage operational teams, and ensure the seamless delivery of insurance services.
Key Responsibilities:
- Operational Leadership:
- Lead, mentor, and develop a high-performing team of operations professionals, including policy administrators, claims processors, customer service representatives
- Set clear performance objectives, conduct regular performance reviews, and foster a culture of accountability and excellence.
- Oversee the day-to-day operational activities, ensuring adherence to established procedures, service level agreements (SLAs), and regulatory guidelines.
- Process Optimisation & Efficiency:
- Analyse existing operational workflows and identify opportunities for improvement, automation, and cost reduction.
- Design and implement new processes, policies, and procedures to enhance efficiency, accuracy, and scalability.
- Utilise data and analytics to monitor operational performance, identify trends, and make data-driven decisions.
- Drive the adoption of best practices and technology solutions to streamline operations.
- Quality Assurance & Compliance:
- Ensure all operational activities comply with relevant insurance regulations (e.g., FCA, PRA), company policies, and industry standards.
- Develop and implement quality control measures to minimize errors and ensure data integrity.
- Manage audit processes and address any identified deficiencies promptly.
- Stay updated on changes in insurance regulations and industry best practices.
- Customer Service Excellence:
- Collaborate with customer service teams to ensure a seamless and positive experience for policyholders and brokers.
- Address escalated operational issues and customer complaints with professionalism and a focus on resolution.
- Implement strategies to enhance customer satisfaction through efficient and effective operations.
- Stakeholder Collaboration:
- Work closely with underwriting, claims, IT, finance, and sales departments to ensure alignment and effective cross-functional collaboration.
- Communicate operational performance, challenges, and initiatives to senior management.
- Manage relationships with third-party vendors and service providers as needed.
- Project Management:
- Lead or participate in operational projects, including system implementations, new product launches, and process re-engineering initiatives.
- Develop project plans, manage timelines, and ensure successful project delivery.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field OR a Similar Qualification
- In-depth knowledge of insurance principles, products, and processes (e.g., policy administration, claims processing, underwriting support).
- Strong understanding of insurance regulatory frameworks (e.g., FCA Handbook).
- Proven track record of driving operational efficiency and process improvement.
- Excellent leadership, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities, with a data-driven approach.
- Proficiency in using insurance management systems and other relevant software.
- Ability to manage multiple priorities in a fast-paced environment.
Desirable Skills (Optional):
- Experience with specific insurance software/platforms
- Knowledge of automation technologies
- Project management certification
What We Offer:
- Competitive salary and benefits package.
- Opportunity to make a significant impact in a growing organisation.
- Professional development and career advancement opportunities.
- A collaborative and supportive work environment.
To Apply: Please complete the link or contact David Helliwell at Cameron James professional Recruitment
Insurance - Operations and Compliance employer: Cameron James
Contact Detail:
Cameron James Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance - Operations and Compliance
✨Tip Number 1
Familiarise yourself with the latest insurance regulations and compliance standards, especially those set by the FCA and PRA. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the industry.
✨Tip Number 2
Network with professionals in the insurance sector, particularly those in operations and compliance roles. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've driven operational efficiency in previous roles. Use metrics and data to back up your achievements, as this aligns with the data-driven approach the company values.
✨Tip Number 4
Research the company’s culture and values, and think about how your leadership style aligns with their expectations. Be ready to articulate how you can contribute to fostering a high-performing team and enhancing customer satisfaction.
We think you need these skills to ace Insurance - Operations and Compliance
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and qualifications required for the Insurance Operations Manager position. Tailor your application to highlight relevant experience in operational leadership and compliance.
Craft a Tailored CV: Your CV should reflect your experience in insurance operations, focusing on achievements in process optimisation, team leadership, and compliance. Use specific examples that demonstrate your ability to drive efficiency and improve customer satisfaction.
Write a Compelling Cover Letter: In your cover letter, express your passion for the insurance industry and your commitment to operational excellence. Highlight your understanding of regulatory frameworks and how your skills align with the company's goals.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in the insurance sector.
How to prepare for a job interview at Cameron James
✨Showcase Your Leadership Skills
As an Operations Manager, you'll need to demonstrate your ability to lead and mentor a team. Prepare examples of how you've successfully managed teams in the past, focusing on your leadership style and how you foster a culture of accountability and excellence.
✨Understand Regulatory Requirements
Familiarise yourself with the relevant insurance regulations, such as those from the FCA and PRA. Be ready to discuss how you have ensured compliance in previous roles and how you stay updated on regulatory changes.
✨Highlight Process Improvement Experience
Be prepared to talk about specific instances where you've identified inefficiencies and implemented process improvements. Use data and analytics to back up your claims and show how your initiatives led to enhanced operational performance.
✨Demonstrate Customer Service Focus
Customer satisfaction is key in this role. Share examples of how you've addressed customer complaints or escalated issues in the past, and discuss strategies you've implemented to enhance the overall customer experience.