Salary
💰 £30,000 - £50,000 per year
About the role
- Responding to enquiries from clients, brokers and underwriters and ensure that all information required is obtained and communicated.
- To record all accounts receivable, commission and client premiums and ensure that these are all paid within credit terms.
- Creation of bdx with outputs coming from IT.
- Assist the facilitation of testing new bdx formats and layouts in line with carrier expectations.
- Bank reconciliations and cash matching.
- Undertake tasks and responsibilities on a multi-currency and multi company ledger.
- Dealing with insurers and clients in respect of setting up and maintenance of claims funds.
- Provide administrative and operational support for the preparation of invoices.
- To ensure compliance with group procedures and external compliance regulations.
- Support the overall operational governance and decision-making process.
- Any other duties commensurate with position or level of responsibility.
Requirements
- Understanding of London and/or international insurance market practices
- General understanding of insurance MGA compliance requirements
- Proven track record of delivering high levels of client service
- High level of attention to detail and high standards of presentation
- Articulation with ability to communicate complex issues both verbally and in writing
- Ability to work well within a small team
- Excellent IT skills in MS Excel, Word, PowerPoint, and G-Suite
- Excellent problem-solving skills and ability to think clearly using logic and reasoning
- Working knowledge of insurance
- 1 years’ experience in a broking or underwriting insurance role
- Progress towards relevant professional qualifications