At a Glance
- Tasks: Support our Corporate Employee Benefits Consultants with administrative tasks and client servicing.
- Company: Join a growing team of Chartered Independent Financial Planners in London.
- Benefits: Competitive salary, supportive culture, and opportunities for professional development.
- Other info: Collaborative environment with strong focus on teamwork and continuous improvement.
- Why this job: Make a real impact by helping clients navigate their employee benefits.
- Qualifications: Experience in administration and knowledge of employee benefits is essential.
The predicted salary is between 30000 - 35000 £ per year.
We are a team of Chartered Independent Financial Planners and Employee Benefits Consultants. MKS Financial Planning continues to grow and is now nearly 50 strong. We’re proud of the collaborative, values-driven culture we’ve built through both organic growth and strategic acquisitions. We are committed to delivering a professional, high-quality service to all of our clients, and building strong, lasting relationships based on trust and expertise. We foster a collaborative and supportive environment where colleagues are encouraged to share knowledge, support one another and work together to achieve both individual and team goals.
We are looking for a Group Risk Administrator to join the team, providing administrative support to our Corporate Employee Benefits Consultants. You will play an important role in the ongoing servicing of existing clients and the implementation of new business, helping to deliver a consistent, high-quality experience for clients.
Key Responsibilities
- Provide day-to-day administrative support for new and existing group risk and healthcare schemes, including new business implementation, processing joiners and leavers, handling client and claims queries, and keeping clients and consultants informed of progress and outcomes.
- Administer group risk, private medical insurance and other employee benefit schemes, including preparing and issuing policy documentation, managing renewals and market reviews, and ensuring service, quality and turnaround standards are met.
- Liaise with insurers and providers to obtain information, progress client requests and ensure timely completion of scheme administration activities.
- Coordinate client meetings and complete all follow-up actions, liaising with clients, insurers and providers as required.
- Support continuous improvement initiatives, including maintaining templates and workflows, improving processes and documentation, and contributing to quality control measures.
- Maintain accurate client records, compliance documentation and internal systems, ensuring information is accurate, up to date and maintained in line with regulatory and business requirements, with a clear audit trail for all client records.
- Provide new business quotations for group risk and healthcare schemes.
- Draft proposition documents, reports and presentations for consultants.
- Issue invoices and updates to clients.
- Dealing with fee and commission enquiries.
- Carry out all activities in accordance with FCA requirements, internal policies and procedures, and the firm's commitment to Treating Customers Fairly principles.
- Work collaboratively with consultants, colleagues and teams across the business to support client service delivery and contribute to the efficient running of the department.
- Maintain and develop technical knowledge of group risk, healthcare and wider employee benefits products, providers and market developments through ongoing professional development and completion of mandatory training.
- Provide general office support, including handling telephone enquiries, coordinating client visits and meetings, and managing incoming and outgoing post.
Skills, Knowledge and Expertise
- Experience in an administration role within employee benefits.
- Knowledge of Group Life and Group Income Protection arrangements is essential.
- Knowledge of Group Private Medical Insurance and Group Critical Illness schemes, Group Dental, Health Cash Plans, and Employee Assistance Programmes is desirable.
- Excellent attention to detail with strong data management and record-keeping skills.
- Strong organisational, prioritisation and time management skills, with the ability to manage multiple tasks and deadlines.
- Analytical approach with the ability to identify issues and support problem-solving.
- Strong written and verbal communication skills.
- Ability to build and maintain effective working relationships and collaborate as part of a team.
Desirable Qualifications
- R01 Financial Services, Regulation and ethics
- IF7 Healthcare
- GR1 Group Risk
Group Risk Administrator employer: Moore Kingston Smith
As a leading legal firm in London, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to excel. With a strong focus on professional development, we offer extensive training and mentorship opportunities for our team members, ensuring they grow alongside the firm. Our commitment to client satisfaction and innovative legal solutions makes us an exceptional employer for those seeking a meaningful career in private client law.
StudySmarter Expert Advice🤫
We think this is how you could land Group Risk Administrator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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We think you need these skills to ace Group Risk Administrator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Moore Kingston Smith.
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Research and Reflect:Before hitting that 'apply' button on Moore Kingston Smith's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Moore Kingston Smith
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Moore Kingston Smith.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Moore Kingston Smith employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.