Premium Processing SME in Rayleigh

Premium Processing SME in Rayleigh

Rayleigh Full-Time 36000 - 60000 £ / year (est.) No working from home possible
Price Forbes

At a Glance

  • Tasks: Lead projects and be the go-to person for premium processing in a dynamic team.
  • Company: Join Ardonagh Specialty, a vibrant company that values diversity and innovation.
  • Benefits: Enjoy flexible working, competitive salary, and fantastic perks like discounts and wellbeing programs.
  • Other info: Embrace a supportive culture with career development and a lively office environment.
  • Why this job: Make an impact in a thriving business with exciting growth opportunities.
  • Qualifications: Previous premium processing experience and strong communication skills are essential.

The predicted salary is between 36000 - 60000 £ per year.

Location: Home/London/Rayleigh (Typically 2/3 days in the office)

Type: Full time – Permanent (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Ardonagh Specialty, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Ardonagh Specialty means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer

  • Inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more.
  • Access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans.
  • Employer pension contribution of 10% (providing you, the Employee provides 5%).
  • Good work life balance - flexibility to suit you.
  • Competitive salary.
  • Life Assurance at X4 of your base salary.
  • Group Income Protection.
  • Generous Annual Leave entitlement.
  • Private Medical Insurance.
  • Group annual bonus scheme.

Key Role Accountabilities

  • Is the first point of contact during early negotiations for incoming teams to PF.
  • Will lead projects to onboard and backload risks for incoming teams.
  • Is a SME for BOR arrangements.
  • Is the main point of contact for new business for the given LOB and should refer to the Team Lead should assistance be required.
  • Is the first point of contact for Urgent requests and escalations from the incoming broking teams to which they are aligned – should see each case through to completion.
  • PPC/PPW oversight for the assigned division.
  • Monitor workloads using the workflow tool (PowerBi) to ensure that all work is completed within the SLA (Service Level Agreement).
  • Is jointly responsible for the BCP 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/incoming broking team.
  • Will review ledgers regularly to ensure that premiums are signed in real time and legacy issues are resolved.
  • Regular review of any missed/missing PIs 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 RFT stats for their LOB and liaise with broking team to drive improvement in slip production etc to increase RFT% and reduce queries/rejections.
  • LORs 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.
  • Other responsibilities and activities as required.

Qualifications & Experience:

  • Previous Premium Processing experience is required for multiple lines of business.

Person Specification

  • Able to influence various stakeholders both internally and externally.
  • MS Office skills.
  • Good communication skills – written and verbal.
  • Organised.
  • Determined and resilient.

If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process

At Ardonagh Specialty, we have a straightforward interview process to ensure the best fit for both you and the company:

  • Submit your application with your CV, emphasising your skills and experience related to the job.
  • Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Ardonagh Specialty, and answer any immediate questions.
  • If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions.
  • This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
  • Depending on the role, you may be invited to attend a second stage interview with further members of the team.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

Premium Processing SME in Rayleigh employer: Price Forbes

At Ardonagh Specialty, we pride ourselves on being an exceptional employer that champions employee growth and inclusivity. With a vibrant work culture that encourages flexibility and collaboration, our team members enjoy numerous benefits including generous annual leave, a competitive pension scheme, and access to wellbeing programmes. Located in the dynamic areas of London and Rayleigh, we offer a unique opportunity to thrive in a supportive environment while working alongside some of the industry's top talent.

Price Forbes

Contact Details:

Price Forbes Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Premium Processing SME in Rayleigh

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 Price Forbes). 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 Price Forbes. 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 SME in Rayleigh

Premium Processing Experience
Stakeholder Influence
MS Office Skills
Communication Skills
Organisational Skills
Resilience
Project Management

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 Price Forbes.

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

Know Your Numbers: Insurance Fundamentals

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