Description
We are seeking an Insurance Business Coordinator to join our team in London. Your day-to-day will be varied, focusing on healthcare business across the US and non-US. You will work with specific clients to place risks with insurers, assist with the negotiation of effective insurance terms, and participate in team meetings and client calls.
Responsibilities:
- Manage written and paid bordereaux from cover holders
- Reconcile written and paid premiums
- Chase any late payments, discrepancies or Xchanging queries to ensure underwriters are paid in full on time
- Support the team in preparing and reviewing submissions to ensure accuracy and completeness
- Collaborate with account handlers to develop appropriate solutions tailored to clients' needs
- Assist in negotiating with underwriters to secure optimal insurance terms
- Maintain accurate and up-to-date records on company systems
- Follow compliance procedures, including securing necessary approvals and maintaining client files
- Assist team with office admin duties
- Build and maintain relationships with underwriters and internal stakeholders
- Stay informed about industry trends and developments to enhance offerings
- Actively participate in personal development and adhere to regulatory requirements
Requirements:
- Experience in a similar or related role within the insurance market
- Strong relationships with relevant underwriters and market contacts
- Knowledge of specific products and relevant regulatory/legal frameworks
- Customer-focused approach with excellent communication and interpersonal skills
- Strong negotiation, influencing, and decision-making abilities
- Highly numerate and literate with good analytical skills
- Effective time management, able to meet deadlines under pressure
- Adaptable and resilient, able to respond positively to change
- Commercially astute with the ability to build sustainable relationships
- Works independently and proactively while supporting team goals
What we offer:
- A career that you define
- Opportunities for growth and development
- A diverse and inclusive work environment
- Flexible working arrangements, including flexible hours and hybrid working
- Reasonable adjustments to ensure the role aligns with your needs