Insurance Operations Assistant - Insurance - City - £42,000
Insurance Operations Assistant - Insurance - City - £42,000

Insurance Operations Assistant - Insurance - City - £42,000

Full-Time 42000 - 42000 £ / year (est.) Home office (partial)
Wisemay

At a Glance

  • Tasks: Support various departments in the London Market Insurance industry with operational tasks.
  • Company: Join a leading Underwriting business known for its collaborative culture.
  • Benefits: Enjoy a competitive salary, excellent pension, private medical insurance, and hybrid working.
  • Other info: Great opportunity for career growth in a dynamic environment.
  • Why this job: Make a real impact in the insurance sector while developing your skills.
  • Qualifications: Experience in the Insurance industry, particularly in the London Market, is essential.

The predicted salary is between 42000 - 42000 £ per year.

Wise May are looking for a collaborative Insurance Operations Assistant with current experience working in the London Market Insurance industry to join a leading Underwriting business. As an Insurance Operations Assistant you will be responsible for providing operational support across a range of departments including Claims and Underwriting. This is a full time, permanent role, with hybrid working and the hours are 9am-5pm.

Insurance Operations Assistant duties and responsibilities:

  • Perform accurate and timely risk and aggregate data entry into the company's key systems.
  • Conduct quality control checks on risk and aggregate data to ensure completeness, accuracy and compliance with internal standards.
  • Identify and resolve discrepancies and queries, escalating where appropriate.
  • Process and validate USM (Underwriting Signing Messages) and SCM (Signing & Claims Messages) in line with SLAs, investigate and resolve message failures, exceptions and queries.
  • Provide Operational support to Underwriting teams, ensuring efficient processing of transactions.
  • Actively contribute to a continuous improvement culture and identifying opportunities to improve process efficiencies, accuracy and control.
  • Work confidently alongside Underwriting teams and build stakeholder relationships.

Insurance Operations Assistant key skills and experience required:

  • Previous experience of working in the Insurance industry is essential for this position.
  • Demonstrable experience of working in the London Market Insurance sector providing operational support.
  • Demonstrates practical knowledge of delegated authority and open market business and understands the operational and contractual differences.
  • Good organisational skills, manages own time well and prioritises workload independently whilst considering the workloads of the whole team.
  • Effective relationship management and stakeholder engagement skills, confident in engaging with colleagues across different business departments.
  • Strong analytical skills, with a high degree of accuracy and attention to detail.

Benefits:

  • Excellent pension scheme
  • Private medical insurance
  • Life assurance
  • Season ticket loan
  • Hybrid working
  • Annual discretionary bonus

Insurance Operations Assistant - Insurance - City - £42,000 employer: Wisemay

Join a leading Underwriting business in the heart of London as an Insurance Operations Assistant, where you will thrive in a collaborative and dynamic work environment. With a strong focus on employee growth, we offer excellent benefits including a robust pension scheme, private medical insurance, and opportunities for hybrid working, ensuring a healthy work-life balance. Our commitment to continuous improvement and stakeholder engagement fosters a culture of innovation and support, making us an exceptional employer for those seeking meaningful and rewarding careers in the Insurance industry.
Wisemay

Contact Detail:

Wisemay Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Operations Assistant - Insurance - City - £42,000

Tip Number 1

Network like a pro! Reach out to your connections in the London Market Insurance industry. Attend industry events or join relevant online groups to meet potential employers and learn about job openings that might not be advertised.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their operations and how you can contribute as an Insurance Operations Assistant. This will help you stand out and show that you're genuinely interested in the role.

Tip Number 3

Practice your responses to common interview questions, especially those related to operational support and stakeholder engagement. We recommend doing mock interviews with friends or using online resources to boost your confidence.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect with us directly.

We think you need these skills to ace Insurance Operations Assistant - Insurance - City - £42,000

Operational Support
Data Entry
Quality Control
Discrepancy Resolution
USM Processing
SCM Processing
Continuous Improvement
Stakeholder Relationship Management
Organisational Skills
Time Management
Analytical Skills
Attention to Detail
London Market Insurance Knowledge
Delegated Authority Understanding

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in the London Market Insurance sector. We want to see how your skills align with the role, so don’t be shy about showcasing your operational support experience!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Insurance Operations Assistant role. Mention specific examples of how you've contributed to process improvements or managed stakeholder relationships.

Showcase Your Attention to Detail: Since accuracy is key in this role, make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work, so let that shine through in your written application!

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. Plus, it’s super easy – just follow the prompts!

How to prepare for a job interview at Wisemay

Know Your Insurance Stuff

Make sure you brush up on your knowledge of the London Market Insurance sector. Be ready to discuss your previous experience and how it relates to the role. Highlight specific examples where you've provided operational support, as this will show you're a great fit for the position.

Show Off Your Attention to Detail

Since the role involves data entry and quality control checks, be prepared to demonstrate your analytical skills. You might be asked about how you ensure accuracy in your work, so think of instances where you've caught discrepancies or improved processes.

Build Those Relationships

The job requires effective relationship management, so think about how you've engaged with colleagues in the past. Be ready to share examples of how you've collaborated with different departments, especially in underwriting or claims, to achieve common goals.

Embrace Continuous Improvement

This role values a culture of continuous improvement, so come armed with ideas! Think about any processes you've improved in your previous roles and be ready to discuss how you can contribute to enhancing efficiencies in the new position.

Insurance Operations Assistant - Insurance - City - £42,000
Wisemay

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