Group Risk Administrator - Employee Benefits

Group Risk Administrator - Employee Benefits

Full-Time 30000 - 35000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Support our team in delivering top-notch employee benefits and client service.
  • Company: Join a growing, values-driven financial planning firm in London.
  • Benefits: Competitive salary, supportive culture, and opportunities for professional growth.
  • Other info: Collaborative environment with ongoing training and development opportunities.
  • Why this job: Make a real impact in client relationships and employee benefits administration.
  • 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 - Employee Benefits 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.

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Contact Details:

Moore Kingston Smith Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Group Risk Administrator - Employee Benefits

Dive Into Industry Networking Events

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We think you need these skills to ace Group Risk Administrator - Employee Benefits

Administrative Support
Group Risk Knowledge
Healthcare Scheme Administration
Client Relationship Management
Data Management
Attention to Detail
Organisational Skills

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 Moore Kingston Smith.

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

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Moore Kingston Smith 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 Moore Kingston Smith, 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 Moore Kingston Smith'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.