Operations Assistant – Insurance

Operations Assistant – Insurance

Full-Time 34000 - 40000 £ / year (est.) On-site
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At a Glance

  • Tasks: Join our operations team to streamline processes and ensure timely administration.
  • Company: Established Lloyd’s insurance organisation with a stellar market reputation.
  • Benefits: Competitive salary, professional growth, and a supportive work environment.
  • Other info: Exciting opportunities for career advancement in a thriving industry.
  • Why this job: Be part of a dynamic team making a real impact in the insurance sector.
  • Qualifications: Previous operations experience and strong Excel skills are essential.

The predicted salary is between 34000 - 40000 £ per year.

This extremely well established Lloyd’s insurance organisation has an excellent market reputation and due to growth is now looking for a new member of staff for their operations team.

Some previous operations experience and strong Excel skills are essential. Previous insurance exposure would be highly beneficial.

Duties:

  • To work as a member of the Operations Team helping to ensure administration functions are carried out in a timely and accurate manner.
  • Analyse operational processes and the use of technology to achieve goals.
  • To assist in ensuring that all regulatory deadlines and requirements are met.
  • To take responsibility for projects as directed by the Operations Director.
  • To ensure that all duties are undertaken promptly and professionally.
  • Oversight of Lloyd’s Capacity Auction process including liaison with Lloyd’s Departments and processing members' instructions.
  • Liaison with Underwriting Research to manage syndicate level capacity data.
  • Production of underwriting results data for clients including liaison with Lloyd’s Departments and coordination of the processing of members' instructions.
  • To assist with the production of Estimate Reports and underwriting results to be sent to members.
  • To assist with the processing of ‘Know Your Client’ data including liaison with the Compliance team.
  • To manage the administration of the offsite storage database.
  • To assist with the maintenance of standing data on business systems.
  • To run reports and analyse data from company business systems as requested.
  • To monitor the return of documents processed centrally.
  • To photocopy, scan and profile centrally produced documents as required.

Operations Assistant – Insurance employer: Taylor James Resourcing

As a leading player in the fintech sector, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all while being part of a forward-thinking team dedicated to revolutionising payment solutions across our extensive retail network.

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Contact Details:

Taylor James Resourcing Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Operations Assistant – Insurance

✨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 Taylor James Resourcing). 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 Taylor James Resourcing. 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 Operations Assistant – Insurance

Operations Experience
Strong Excel Skills
Insurance Knowledge
Analytical Skills
Regulatory Compliance
Project Management
Data Analysis

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 Taylor James Resourcing.

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

✨Know Your Numbers: Insurance Fundamentals

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