At a Glance
- Tasks: Administer finance agreements, process payments, and ensure data integrity.
- Company: Lycetts, a reputable insurance firm in Newcastle upon Tyne.
- Benefits: Competitive salary, 25 days annual leave, hybrid working, and career development.
- Other info: Exciting opportunities for professional growth in a supportive environment.
- Why this job: Join a dynamic team and grow your career in the insurance finance sector.
- Qualifications: Strong numerical skills and experience in financial administration.
The predicted salary is between 30000 - 40000 £ per year.
Lycetts in Newcastle upon Tyne is seeking an Insurance Finance Administrator to support its premium finance function. In this role, you will administer finance agreements, process payments, and ensure data integrity while adhering to FCA regulations.
The ideal candidate should possess strong numerical skills, keen attention to detail, and a background in financial administration.
Benefits include:
- a competitive salary
- 25 days annual leave
- hybrid working options
- career development opportunities
Premium Finance Administrator (Insurance) - Hybrid in Newcastle upon Tyne employer: Lycetts
Lycetts in Newcastle upon Tyne is an excellent employer, offering a supportive work culture that values attention to detail and numerical skills. With competitive salaries, 25 days of annual leave, and hybrid working options, employees are encouraged to grow their careers while enjoying a healthy work-life balance in a vibrant city known for its rich heritage and community spirit.
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 Lycetts). 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 Lycetts. 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
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 Lycetts.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lycetts. 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 Lycetts
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lycetts 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 Lycetts, 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 Lycetts'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.
