At a Glance
- Tasks: Administer Private Medical Insurance policies and assist clients with their health coverage needs.
- Company: Award-winning Wealth Manager with a supportive and collaborative culture.
- Benefits: Competitive salary, hybrid work, exam support, and comprehensive health benefits.
- Other info: Dynamic environment with ongoing training and excellent career growth opportunities.
- Why this job: Make a real difference in clients' lives while advancing your career in insurance.
- Qualifications: IF7 qualification and experience in Private Medical Insurance required.
The predicted salary is between 32000 - 45000 £ per year.
A highly organised and proactive Private Medical Insurance Adviser is required to undertake the following key duties:
- Process and administer Individual and Corporate Private Medical Insurance policy renewals, discussing policy particulars and day-to-day service requirements with clients.
- Liaise with insurers and underwriters as required.
- Assist the Advice Team with new business quotes for Private Medical Insurance, Dental Insurance, and Health Cash Plans, including client proposals and comprehensive market reviews.
- Follow up on warm leads, contacting customers who have made an enquiry.
- Check monthly commissions for expected receipts and ensure accuracy.
- Input and record client and scheme data accurately on back-office systems.
- Process ongoing correspondence with individual clients and service providers as required.
- Ensure that the new business process is followed and provide regular updates to the Private Medical Insurance Team regarding ongoing new business and renewal cases in weekly team meetings.
- Write Suitability Reports to be sent to clients within a reasonable time frame of their medical scheme being set up or renewed.
- Ensure quality standards for all processes on the team.
- Engage with the HR Department regarding disciplinary and grievance procedures when required.
- Provide reports on productivity and other performance indicators to the Senior Management Team.
Key Skills and Attributes:
- IF7 (Certificate in Healthcare Insurance Products) qualification.
- Background within Private Medical Insurance.
- Exemplary organisational, planning, prioritising, and multi-tasking skills.
- Oral and written communication skills.
- Information gathering and monitoring skills.
- Problem analysis and problem-solving skills.
- Judgment and decision-making ability.
- Initiative, professionalism, and confidentiality.
- Attention to detail and accuracy.
- Flexibility and Microsoft Office skills.
What's on Offer:
- Exam Support
- Competitive salary package.
- Hybrid working pattern (3 days office-based).
- Supportive and collaborative team environment.
- Ongoing training and professional development opportunities.
- 4% matched pension contributions.
- Income Protection Cover (terms apply).
- Death-in-Service Cover (terms apply).
- Health Shield Cash Plan.
- Employee Assistance Programmes.
- Cycle to Work Scheme.
- Employee Discounts.
- Company Activities.
- Breakfast/Fruit supplies.
- Discounted Health Tests.
- Optional Influenza vaccination.
- Employee referral programme.
This role provides a dynamic environment where your expertise can make a tangible difference in clients' lives while advancing your career within the insurance industry.
Private Medical Insurance Adviser in London employer: Rayment Recruitment
Join a prestigious and award-winning Wealth Manager in North London as a Private Medical Insurance Adviser, where you will thrive in a supportive and collaborative team environment. With a competitive salary, comprehensive benefits, and a hybrid working model, this role offers exceptional opportunities for professional growth and development while making a meaningful impact on clients' lives. Enjoy perks such as exam support, matched pension contributions, and employee assistance programmes, all within a dynamic workplace that values your expertise.
StudySmarter Expert Advice🤫
We think this is how you could land Private Medical Insurance Adviser in London
✨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 Rayment Recruitment). 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 Rayment Recruitment. 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 Private Medical Insurance Adviser in London
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 Rayment Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Rayment Recruitment. 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 Rayment Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Rayment Recruitment 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 Rayment Recruitment, 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 Rayment Recruitment'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.
