At a Glance
- Tasks: Manage premium processing and oversee workflows to ensure timely completion.
- Company: Join a leading insurance consultancy with a hybrid work model.
- Benefits: Enjoy competitive pay, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with great potential for career advancement.
- Why this job: Be the key contact in a dynamic role that drives efficiency and client satisfaction.
- Qualifications: Experience in premium processing and strong communication skills are essential.
The predicted salary is between 31500 - 38500 £ per year.
Managing Consultant - London Market Insurance at NEXT EMPLOYMENT LIMITED
Hybrid role where you will only need to go into the office once or twice a month.
- Base pay range
- Direct message the job poster from Next Employment Ltd
- You will be
- The main point of contact for the given Lines Of Business (LOB) and should refer to the Pillar Lead should assistance be required.
- The first point of contact for Urgent requests and escalations from the broking teams to which you are aligned – should see each case through to completion.
- Premium processing control oversight for the assigned division.
- Monitor workloads using the workflow tool (Power Bi) to ensure that all work is completed within the SLA (Service Level Agreement).
- Responsible for the contingency mailboxes in the event of a workflow tool failure – must ensure that all work is allocated and monitored to completion.
- Will liaise with counterparts within IBA and attend Credit Control Meetings for given LOB.
- Will review ledgers regularly to ensure that premiums are signed in real time and legacy issues are resolved.
- Regular review of any missed/missing PI’s in Edge
- Joins weekly/monthly call with the Middle Office/Broking Teams.
- Will monitor income and ensure all items in Forecast are processed to meet forecast/budget in a given month – keep Pillar Lead appraised to report back to Finance.
- Liaise daily/regularly with the Processing Team aligned to your LOB.
- Escalate any Training and Development needs within the Processing Team.
- Review stats for their LOB and liaise with broking team to drive improvement in slip production and reduce queries/rejections.
- LOR’s as required.
- Will follow up escalations from Insurers.
- Is the first point of contact for the Annual Audit sample requests.
- Ensure that complex processing and/or high value clients receive an excellent service.
- You will need
- Previous Premium Processing experience is essential
- Able to influence various stakeholders both internally and externally.
- MS Office skills and power BI
- Good communication skills – written and verbal.
- Organised.
- Determined and resilient.
- Seniority level
- Associate
- Employment type
- Full-time
- Job function
- Other
- Industries
- Insurance
- Insurance Agencies and Brokerages
- Insurance Carriers
- Referrals increase your chances of interviewing at Next Employment Ltd by 2x
- #J-18808-Ljbffr
Premium processing technician in Essex employer: Next Employment Ltd
As an Insurance Operations Assistant, you will thrive in a dynamic and supportive work environment that values accuracy and collaboration. Our company fosters a culture of continuous improvement and professional development, offering opportunities for growth within the insurance sector. Located in the heart of London, we provide a unique chance to engage with leading industry professionals while contributing to meaningful operational processes that drive success.
StudySmarter Expert Advice🤫
We think this is how you could land Premium processing technician in Essex
✨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 Next Employment Ltd). 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 Next Employment Ltd. 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 processing technician in Essex
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 Next Employment Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Next Employment Ltd. 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 Next Employment Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Next Employment Ltd 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 Next Employment Ltd, 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 Next Employment Ltd'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.
