Insurance Operations Associate - 12 Month FTC
Insurance Operations Associate - 12 Month FTC

Insurance Operations Associate - 12 Month FTC

Redhill Full-Time 28800 - 43200 £ / year (est.) No home office possible
Go Premium
Travelers

At a Glance

  • Tasks: Support underwriting processes and manage documentation for insurance operations.
  • Company: Join Travelers, a leading property casualty insurer with over 160 years of excellence.
  • Benefits: Enjoy hybrid work flexibility, comprehensive benefits, and a collaborative culture.
  • Why this job: Be part of a dynamic team focused on innovation and customer care.
  • Qualifications: Previous insurance experience and strong communication skills are essential.
  • Other info: This is a 12-month Fixed Term Contract based in Redhill.

The predicted salary is between 28800 - 43200 £ per year.

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

What Is the Opportunity? We are looking for an Insurance Operations Associate to join our team based in Redhill on a 12 month Fixed Term Contract. The Operations Associate plays a crucial role in helping to deliver and maintain production services that are aligned with the Travelers Europe's strategic goals. This role helps to provide comprehensive administrative support to facilitate underwriting processes, delivering new business quotes, renewal terms, and endorsements across all lines of business. This role involves maintaining standard operating procedures, engaging in operational and regulatory reporting, resolving customer inquiries, and contributing to operational change initiatives. Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

What Will You Do?

  • Underwriting Lifecycle Management: Thoroughly review all in-scope submissions and processes these in line with agreed service levels. Execute tasks related to the underwriting lifecycle, including new business and renewal quote preparation, submissions analysis, policy debiting and issuance, slip recording, endorsements, lapses adjustments, null declarations, and notice of cancellations. Manage account documentation, including quotations, actuarial pricing models, reinsurance contracts, endorsements, and cancellations.
  • Data Records and Document Management: Ensure underwriting information submitted electronically is stored and updated, within service levels. Process underwriting premium corrections efficiently and liaise with underwriters and brokers, as required. Perform data cleansing and input additional risk information, ensuring accuracy in data quality. Complete exception reporting and exceptions clearance to maintain accurate records in our underwriting systems of record. Provide the Claim department with account coverage information as requested.
  • Standard Operating Procedures and Training: Create and maintain standard operating procedures in the agreed format. Deliver training and support to onshore and offshore colleagues and business partners.
  • Regulatory Compliance and Miscellaneous: Meet all regulatory requirements (e.g., treating customers fairly) and align with Travelers Europe values and capabilities. Ensure compliance with sales, marketing, underwriting, and regulatory guidelines. Perform other assigned duties, as required.

What is a Must Have? Previous experience in the insurance industry; studying towards professional insurance qualifications. General knowledge of commercial insurance products and policies. Strong written and verbal communication skills. Ability to develop effective working relationships across the organization. Customer-centric approach. Process improvement mindset and adaptability to change. Computer proficiency and familiarity with various applications. Highly motivated, capable of independent work, and very comfortable in a team environment. Detail-focused with a high degree of accuracy in work.

Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.

Insurance Operations Associate - 12 Month FTC employer: Travelers

Travelers is an exceptional employer that prioritises the well-being of its employees, customers, and communities. With a strong commitment to innovation and collaboration, our Redhill office offers a supportive work culture where you can thrive in your role as an Insurance Operations Associate. Enjoy the benefits of flexible hybrid working arrangements, comprehensive training opportunities, and a focus on employee growth, all while contributing to a company with over 160 years of industry excellence.
Travelers

Contact Detail:

Travelers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Operations Associate - 12 Month FTC

✨Tip Number 1

Familiarise yourself with the underwriting lifecycle and the specific processes involved in insurance operations. Understanding these concepts will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the role.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in operations. Attend industry events or join online forums to gain insights and potentially get referrals that could boost your application.

✨Tip Number 3

Showcase your customer-centric approach by preparing examples of how you've successfully resolved customer inquiries or improved processes in previous roles. This will highlight your suitability for the position and align with the company's values.

✨Tip Number 4

Research Travelers Europe’s culture and values, particularly their commitment to innovation and collaboration. Tailor your discussions during interviews to reflect how your personal values align with theirs, making you a more attractive candidate.

We think you need these skills to ace Insurance Operations Associate - 12 Month FTC

Insurance Industry Knowledge
Underwriting Lifecycle Management
Data Records Management
Document Management
Regulatory Compliance
Strong Written and Verbal Communication Skills
Customer-Centric Approach
Process Improvement Mindset
Adaptability to Change
Attention to Detail
Computer Proficiency
Ability to Develop Effective Working Relationships
Training and Support Delivery
Problem-Solving Skills
Team Collaboration

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Insurance Operations Associate position. Understand the key responsibilities and required skills, such as underwriting lifecycle management and data records management.

Tailor Your CV: Customise your CV to highlight relevant experience in the insurance industry. Emphasise your knowledge of commercial insurance products, strong communication skills, and any professional qualifications you are pursuing.

Craft a Compelling Cover Letter: Write a cover letter that showcases your customer-centric approach and process improvement mindset. Mention specific examples from your past experiences that demonstrate your ability to work independently and as part of a team.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your information is clear, concise, and accurately reflects your qualifications for the role.

How to prepare for a job interview at Travelers

✨Know Your Insurance Basics

Make sure you brush up on your knowledge of commercial insurance products and policies. Being able to discuss these confidently will show that you have a solid foundation for the role.

✨Demonstrate Your Customer-Centric Approach

Prepare examples of how you've successfully handled customer inquiries or resolved issues in the past. This will highlight your ability to maintain a customer-focused mindset, which is crucial for this position.

✨Showcase Your Attention to Detail

Since the role requires a high degree of accuracy, be ready to discuss how you ensure precision in your work. You might want to share specific instances where your attention to detail made a difference.

✨Emphasise Your Adaptability

The job involves contributing to operational change initiatives, so be prepared to talk about times when you've successfully adapted to change or improved processes in your previous roles.

Insurance Operations Associate - 12 Month FTC
Travelers
Location: Redhill
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>