Technical Operations Assistant-Reinsurance & Lloyds
Posted 5 days ago by Bunn Abbott Consulting
Negotiable
Undetermined
Undetermined
Greater London, England, United Kingdom
Summary: The role of Technical Operations Assistant involves supporting a highly regarded Lloyds Syndicate and re/insurer in a broad and analytical capacity. The position requires excellent stakeholder management and problem-solving skills within a growing operations team. The company promotes a dynamic and inclusive culture, offering first-class benefits and a supportive environment for staff development. Candidates should have 1-4 years of experience in the London Insurance Market, particularly in operational roles related to underwriting or claims support.
Key Responsibilities:
- Performing day-to-day responsibilities including processing premium, premium adjustments, commissions, and claim payments in accounting systems.
- Supporting development, implementation, and documentation of processes and controls for efficient handling of responsibilities.
- Assisting with development and oversight of metrics and KPIs ensuring alignment with team goals.
- Providing support to Claims, Reserving, Underwriting, and Finance departments, including external communication with Brokers.
- Supporting adherence to contract certainty.
- Assisting with implementation and execution of special/ad hoc projects within the Operations Department.
- Providing support to the broader Operations team for smooth monthly and quarterly closes.
- Assisting with requests from both Internal and External Auditors.
- Ensuring SOX compliance for Operations processes.
- Ensuring all responsibilities are carried out with a high degree of quality and in a timely manner.
Key Skills:
- 1-4 years experience in a London Insurance Market operational role, preferably in Re/Insurance or Brokers.
- Good level of education, ideally CII qualified or keen to study for it.
- Collaborative team player with strong communication skills.
- Analytical and problem-solving skills.
Salary (Rate): undetermined
City: Greater London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
We are recruiting for an Operations Assistant vacancy on behalf of one of our top client companies. They are an extremely highly regarded & long-established Lloyds Syndicate and re/insurer. This is an extremely broad & analytical Global role. requiring excellent stakeholder management and problem solving skills, in a growing operations team. Embracing inclusion & diversity, this company truly value & look after their staff. Providing a dynamic, positive & engaging culture & first-class benefits, including some nice extras such as a free quality staff canteen & free City same day private GP service (for example-there are even more!), it’s easy to see why they enjoy low staff turnover rates offering such a great environment for positive, hard working individuals to thrive & grow in.
Key responsibilities:
- Performing day-to-day responsibilities which may include: processing premium, premium adjustments, commissions and claim payments in their accounting systems based on portfolio, Cash Management, Submission, Exports and Underwriting Support.
- Supporting development, implementation and documentation of processes and controls for efficient handling of portfolio of responsibilities.
- Assisting with development and oversight of metrics and KPIs ensuring they align to the goals of the team.
- Helping to support to Claims, Reserving, Underwriting and Finance departments. External communication with Brokers.
- Support for adherence to contract certainty.
- Assist with implementation and execution of special/ad hoc projects within the Operations Department.
- Provide support to the broader Operations team to help to ensure smooth and efficient monthly and quarterly closes.
- Assist with requests from both Internal and External Auditors.
- Ensuring SOX compliance for Operations processes.
- Ensure all responsibilities are carried out with a high degree of quality, in a timely manner.
Required experience: 1-4 years experience gained in a London Insurance Market operational role-from any discipline i.e Underwriting or Claims Support. gained in a Re/Insurer or Brokers. A good level of education Ideally CII qualified or keen to study for. Must be a collaborate team player, with good communication and analysis/problem solving skills. Please note that if you have not heard from us within 7 days, your application has not been successful. Bunn Abbott Consulting is acting as an Employment Agency in relation to this vacancy.