At a Glance
- Tasks: Support the Internal Intermediary Services team with administrative tasks and manage key reports.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, inclusive culture, and opportunities for career growth.
- Other info: Diverse and inclusive workplace committed to developing talent.
- Why this job: Be part of a dynamic team that empowers you to innovate and make impactful decisions.
- Qualifications: Strong organisational skills and a willingness to learn.
The predicted salary is between 30000 - 40000 £ per year.
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Role Purpose
The primary focus of the Internal Intermediary Services Assistant is to provide the Internal Intermediary Services team with administrative support in relation to binder business and to provide support to the Internal Intermediary Services team in their day-to-day activities.
Key Responsibilities
- To prepare forms, arrange settlement and tracking payment of any transfer request received by the Internal Intermediary Services team.
- To manage the ‘Claims Tracker’ sheet, and ensure direct account signings are completed following confirmation of payment.
- ACT - Allocation of broker USM messages to the correct risks on Eclipse ahead of each monthly close, ensuring that signings are accurate and consistent with the written data.
- Allocation of ACT claim SCM messages.
- Assistance in the preparation of ad-hoc ACT reports.
- Processing of non-cash claim signings for the Slovakian office, and liaising with claims team to ensure Eclipse record is accurate.
- Assistance with the monthly reconciliation of cash receipts, by updating a log with details obtained from pdf cash remittance advices.
- Production of ad-hoc management information reports.
- Quarter end – providing assistance in checking Internal intermediary services income entries.
- Assist in manually producing the LPAN documentation, in order to submit premium bordereau to Xchanging (internal intermediary services accounts).
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Internal Intermediary Services Assistant - 6M FTC in London employer: Starr Insurance
Starr is an exceptional employer that fosters an entrepreneurial culture, empowering employees to innovate and make impactful decisions within the dynamic Aviation division. With a commitment to employee growth, we offer first-class training and development opportunities, ensuring that you can build a rewarding career while working alongside accessible leaders in the heart of the London Insurance Market.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Intermediary Services Assistant - 6M FTC in London
✨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.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Internal Intermediary Services Assistant - 6M FTC in London
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 Starr Insurance.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Starr Insurance'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 Starr Insurance
✨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 Starr Insurance.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Starr Insurance will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Starr Insurance 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.
