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Insurance Administrator

Job LocationCity of London
EducationNot Mentioned
Salary£25,000 - £45,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

Insurance AdministratorOur client is an award-winning financial services provider based in the City of London.We currently have an opportunity for an Insurance Administrator to join a highly experienced commercial insurance team. You will play an important role in supporting the team which specialises in areas of insurance such as Real Estate, Receivers Real Estate,Directors & Officers & Engineering Inspections/Insurance.***You will need to have at least 12 months’ experience within the insurance industry (commercial / business policies, real estate / property owners). Those from a household insurance background will be considered.You will need to have an understanding of the basic principles of insurance, quote forms, understanding what a schedule is/policy wording.***The role will require a lot of reading of documents and correspondence, attention to detail and patience will be key to the role.Responsibilities:

  • Reading through client correspondence files to understand client needs
  • Reading through historical correspondence files if needed
  • Filing client correspondence into system
  • Finding Insurer documentation, invoices and recent correspondence in files
  • Updating Quotation forms to new format, Compliance checks for Company Names & Directors
  • Putting together Pre-renewal correspondence to clients 6 weeks prior to the renewal date and working alongside the Account Executives
  • Updating Renewal changes on forms received by clients and towards Howdens point of contact
  • Using received Terms to put together renewal reports for Account Executives to add financial advice
  • Adding premiums to client accounts on computer system
  • Chasing clients for renewal instructions
  • Instructing Insurers to incept cover by renewal date
  • Chasing client for aged debt
  • Checking over documents for errors
  • Reading Engineering Reports, filing correspondence from Insurers and clients in files, sending engineering reports to client.
Experience required:
  • Minimum 12 months experience within the insurance industry (commercial / business policies, real estate / property owners).
  • Experience of Microsoft Office, Outlook, Teams and Microsoft folder/filing systems.
  • Excellent administrative skills
  • Excellent communication skills, written and verbal - ability to construct professional correspondence with clients.
  • Self starter, highly organised and have great attention to detail.
  • Team player
Up to £45k basic + Bonus + Benefits (Dependent on experience)Required skills
  • Administrative Duties
  • Administrative Support
  • General Insurance
  • MS Office

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