£50K/yr to £55K/yr
London, England
Permanent, Variable

Senior Insurance Assistant

Posted by Wise May Ltd.

Senior Insurance Assistant - City - £55,000

Wise May are looking for a Senior Insurance Assistant to join a busy Marine and Energy international team for a friendly Insurance business in the City.

Responsible for the administration of Insurance and/or Reinsurance accounts and contracts, from establishing and maintaining contractual data, processing the Insurance and/or Reinsurance account bookings, claims handling and manage the related cash flow. Candidate will also support the Underwriters in administrative activities related to the underwriting process.

Duties include:

  • Maintenance of all Underwriting and Operational support tasks process documentation.
  • Allocation of outwards reinsurance premium messages.
  • Check and process of accounts and claims advices.
  • Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers.
  • Manage cashflow including setting-up of client bank accounts in the accounting system, processing of outgoing/incoming payments and follow up on pending payments and open balances.
  • Perform ICS controls (Internal Control System).
  • Liaise with the other stakeholder, e.g. underwriters, reserving, closing team, financial accounting.
  • Understanding of the company priorities and act accordingly.
  • Organize and monitor the workload within the team, maintain a low backlog, intervene when needed and set priorities.
  • In charge of HR topics within the team.

Skills required:

  • Highly motivated.
  • Enthusiastic.
  • Team Player.
  • Exceptional organisational skills.
  • Advanced MS Office skills (focus on MS Excel, Power Query).
  • Business Objects skills beneficial.
  • Power Bi, Tableau, skills beneficial.

Monday - Friday, 09:00-17:00, hybrid working.

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