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Insurance Apprenticeship Programme – Central Operations

  • Location: Ipswich
  • Salary: 18,999.76
  • Level: Higher
  • Reference: 30672
06/12/2018 The Growth Company Ipswich IP1 1TD

Insurance Apprenticeship Programme – Central Operations 30672

  • Sector: business admin law
  • Location: Ipswich
  • Salary: 18,999.76
  • Level: Higher
  • Reference: 30672
Insurance Apprenticeship Programme – Central Operations
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About this opportunity

We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how

A normal day would include

The responsibilities of the Central Operations team is to provide operational support for the creation/renewal and ongoing management of facilities:

• Setup and renewal of master facilities (binders and lineslips)
• Support business units in the development of business cases for new and renewing facilities
• Preparation of premium and risk written bordereaux
• Update carrier and internal/external systems as necessary
• Administration of mid-term adjustments
• Preparation of management information for Business Units and carriers
• Maintenance of facilities catalogue
• Query resolution – internal and external parties
Key responsibilities and accountabilities of the role include:
• Working closely with business units, collate information to support business case development for new and renewing facilities
• Draft Binding Authority Agreement (BAA) / Line Slip MRC wordings
• Ensuring all aspects of the facility set-up process are adhered to
• Finalise updated Binding Authority Agreement (BAA) / Line Slip
• Registration of the facility on internal and external registers
• Collation of information required to support mid-term adjustments and preparation of endorsements for the market agreement by BU
• Creation and submission of risk written bordereaux
• Creation and submission of premium and claims bordereaux
• Provision of management information re facility status/performance for carriers
• Liaison with 3rd party cover holders (where appropriate) to ensure effective set-up and management of the facility
• Resolution of facilities related queries with internal stakeholders, carriers and other external parties

What you could go on to do
Demonstrate your passion for client delivery while making an immediate impact. You’ll learn what we do as you build strong working relationships and develop valuable skills from day one.

How you will be supported
Full training and support will be provided by our expert training and assessment staff at The Skills Company.

What will happen next
New applicants to The Skills Company who meet any basic entry requirements of the role will be contacted within two working days to be invited to meet a member of our team. You will then have the opportunity to find out:
• More about this vacancy and any others you are suitable for
• Any training you need to complete
• What the next steps will be

How you could get there
If you would be catching public transport for this role, visit the Journey Planner on www.tfgm.com to see how you would get there and how long it would take.

What you should have to apply

• 3 A-levels or equivalent qualifications

Personal Qualities

• Applicants must be authorised to work on a full-time basis in the country in which the role is located without sponsorship.

Skills

• Have excellent communication and interpersonal skills
• Able to deal professionally with internal and external contacts
• Provide excellent client service
• Ability to analyse situations and provide recommendations
• Self-motivated and ambitious
• Excellent organisational skills and the ability to work to deadlines
• Keen eye for detail
• Proficient user of MS Word, Excel and PowerPoint

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Do you hold grades A-C Maths and English GCSE's (achieved or predicted)?

 Yes
 No

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