At a Glance
- Tasks: Administer insurance processes, ensuring compliance and improving efficiency across departments.
- Company: Dynamic insurance firm based in London with a focus on innovation.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Other info: Great opportunity for growth in a fast-paced, collaborative setting.
- Why this job: Join a team that values improvement and compliance while making a real impact.
- Qualifications: Experience in compliance or insurance administration preferred; A level education or equivalent.
The predicted salary is between 28000 - 33000 £ per year.
Location: London
Date posted: 29 Jun 2023
Sector: ADMINISTRATION
Type: Permanent
Salary: £28,000 – £33,000 per annum
Qualifications
Previous compliance or insurance administration experience would be preferred combined with an A level (or equivalent) standard of education.
Responsibilities
- To facilitate and administer the review process for all service contracts and outsourcing arrangements, ensuring compliance with all appropriate legislation and internal governance processes.
- To keep up to date with ongoing regulatory changes.
- To work with the Sourcing team regarding changes in legislative requirements and ongoing process changes and efficiencies.
- To collate reporting on performance of client agreements and intra group sourcing.
- To collate, review, maintain and update as required, key process timetables detailing multi‑departmental activities across the business, to enable timely delivery of external reports and returns.
- To identify, track and resolve key process issues raised as part of timetable monitoring.
- To maintain the process framework (comprising of a central process library with departmental process maps, procedures and policies, together with cycle documentation detailing key cross‑departmental data flows).
- To support annual reviews of the process library and add new processes as required.
- Support and enable improvement initiatives fostering and delivering a continual improvement ethos.
- Work with the business to perform controls and testing to support internal control framework.
- Preparing reporting to key audiences, including governance committees, based on each period’s KPIs, communicating areas of concern, improvements and changes.
- To support the team in developing new KPIs and performance metrics.
Insurance Operations Administrator employer: Taylor James Resourcing
As an Insurance Operations Administrator in London, you will join a dynamic team that values compliance and operational excellence. Our company fosters a collaborative work culture, offering continuous professional development opportunities and a supportive environment for career growth. With competitive salaries and a commitment to employee well-being, we ensure that our staff are equipped to thrive in their roles while contributing to meaningful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Operations Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work in operations. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on compliance and regulatory changes in the insurance sector. Show that you’re not just a candidate, but someone who’s genuinely interested in the field and ready to contribute.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Check out our website for the latest job openings. We often post roles that might not be advertised elsewhere, so keep an eye out and apply directly through us for the best chance!
We think you need these skills to ace Insurance Operations Administrator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Insurance Operations Administrator role. Highlight any previous compliance or insurance administration experience you have, and don’t forget to mention your A level (or equivalent) qualifications!
Showcase Relevant Skills:In your application, emphasise skills that align with the responsibilities listed in the job description. Talk about your ability to manage processes, keep up with regulatory changes, and work collaboratively across departments.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your experiences and achievements quickly.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Stuff
Make sure you brush up on your knowledge of insurance compliance and administration. Familiarise yourself with the latest regulatory changes and how they impact operations. This will show that you're proactive and genuinely interested in the role.
✨Showcase Your Experience
Prepare specific examples from your previous roles that highlight your experience in compliance or insurance administration. Use the STAR method (Situation, Task, Action, Result) to structure your answers and demonstrate how you've successfully handled similar responsibilities.
✨Be Process-Oriented
Since the role involves maintaining process frameworks and timetables, be ready to discuss your approach to organisation and efficiency. Share any tools or methods you use to keep track of multi-departmental activities and how you ensure timely delivery of reports.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's internal governance processes and improvement initiatives. This not only shows your interest but also gives you a chance to assess if the company’s values align with yours. It’s a win-win!
