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- Tasks: Support reinsurance administration with tasks like recording, reporting, and customer service.
- Company: Join a leading insurance firm in Chelmsford, Essex, known for its dynamic work culture.
- Benefits: Enjoy a competitive salary, excellent working environment, and opportunities for growth.
- Why this job: Be part of a team that values customer satisfaction and innovation in the insurance sector.
- Qualifications: Broking or underwriting experience is preferred; Excel and Word skills are essential.
- Other info: This is a permanent role with potential for project involvement and software testing.
The predicted salary is between 36000 - 60000 £ per year.
Salary: Not specified
Location: Chelmsford, Essex
Job Type: Permanent
Ref: SJP230736
Broking and/or Underwriting experience
Duties to include:
- Administrative duties including recording of reinsurance into in-house systems, settlement of premium and various reporting requirements relating to cover notes.
- Dealing with reinsurance recoveries for excess of loss, proportional and facultative accounts.
- Comply with contract terms and conditions in order to calculate, issue and monitor reinsurance collection notes.
- Produce Risk and Claim bordereaux to support reinsurance accounts.
- Ensure reinsurers queries are dealt with quickly and accurately.
- Assembling renewal information for presentation.
- Providing up to date information for management.
- Assist department head with project work involving new software or processes to test for possible implementation.
- Update and amending procedure documentation accurately and within timescales.
- Provide a first class service when dealing with customers relating to insurance and risk, achieving customer satisfaction at all times.
- Responding to and resolving customer complaints, referring to others as appropriate.
Ideally you will have:
- Experience with a Lloyd\’s London Market would be useful
- Excel, intermediate
- Word, intermediate
These positions offer a competitive salary package, excellent working environment and opportunities.
If you feel that you have the qualities and experience and skills that our Client requires we would like to hear from you.
Please submit your CV for our Clients attention or contact Su Partridge for further information.
The Recruiter Insurance Specialists are acting as a Recruitment Agency.
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Reinsurance Administration Support employer: The Recruiter Ltd
Contact Detail:
The Recruiter Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Administration Support
✨Tip Number 1
Familiarise yourself with the specific duties mentioned in the job description, especially around reinsurance processes. Understanding how to record reinsurance and manage premium settlements will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Brush up on your Excel and Word skills, as these are highlighted as important for the role. Consider taking a quick online course or tutorial to ensure you're comfortable with intermediate functions that may be required.
✨Tip Number 3
If you have experience in the Lloyd's London Market, be ready to discuss it in detail. Prepare examples of how your previous roles have prepared you for the specific challenges of this position.
✨Tip Number 4
Demonstrate your customer service skills by preparing examples of how you've successfully resolved complaints or provided excellent service in past roles. This will show your potential employer that you can maintain high customer satisfaction.
We think you need these skills to ace Reinsurance Administration Support
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in broking and underwriting. Emphasise any administrative duties you've performed, especially those related to reinsurance.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your familiarity with Lloyd's London Market and your proficiency in Excel and Word, as these are key requirements.
Showcase Your Customer Service Skills: In your application, provide examples of how you've delivered excellent customer service in previous roles. Highlight any experience resolving complaints or dealing with clients in the insurance sector.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is clear and professional, as attention to detail is crucial in this role.
How to prepare for a job interview at The Recruiter Ltd
✨Showcase Your Relevant Experience
Make sure to highlight any broking or underwriting experience you have during the interview. Discuss specific examples of how you've handled administrative duties related to reinsurance, as this will demonstrate your suitability for the role.
✨Familiarise Yourself with Reinsurance Concepts
Brush up on key reinsurance terms and concepts, especially those related to excess of loss, proportional, and facultative accounts. Being able to speak confidently about these topics will impress the interviewers and show your commitment to the field.
✨Prepare for Customer Service Scenarios
Since providing a first-class service is crucial in this role, be ready to discuss how you've dealt with customer complaints in the past. Prepare examples that showcase your problem-solving skills and ability to achieve customer satisfaction.
✨Demonstrate Your Technical Skills
As the role involves using software and updating documentation, be prepared to discuss your proficiency in Excel and Word. If you have experience with any specific software used in reinsurance, mention it to highlight your technical capabilities.
