Underwriting Operations Assistant Ecclesiastical Insurance UK · Gloucester ·

Benefact Group plc; Gloucester; Hybrid; GBP 25,000 - 30,000; Full time

Job summary

A leading insurance company is seeking an Underwriting Operations Assistant to support its Gloucester office. This entry-level role offers a unique opportunity to gain experience in the insurance industry while contributing to key functions that enhance underwriting performance. The position promises career growth within a purpose-led organization committed to inclusivity and professional development.

Benefits

Group Personal Pension - up to 12% employer contribution

Generous annual bonus scheme up to 24%

25 days annual leave plus bank holidays

Private healthcare and life assurance

Full study support for professional qualifications

Qualifications

• Strong administrative skills and competent IT skills required.
• Understanding of commercial insurance industry is advantageous.
• Effective communication and ability to manage workload.

Responsibilities

• Provide essential support and administration to the underwriting team.
• Manage reinsurance administration and monthly reconciliations.
• Keep up to date with market conditions and regulations.

Skills

Strong Administrative skills

Competent IT and data skills

Effective communication skills

Education

Cert CII or commitment to achieve

Job description

Working hours:35 hours per week, Monday to Friday

Duration:Permanent

Location: Gloucester

Job ref:203916

About the role

Ecclesiastical Insurance, who are proudly part ofBenefact Groupare looking for a Underwriting Operations Assistantto join ourGloucesteroffice.

This is anexciting opportunity for an entry levelrole into our Head Office Underwriting department. Supporting key functions that provide the resources for underwriters to succeed. This is arare role which can touch varied aspects of the insurance process and an opportunity to grow and develop within the insurance industry.

Joining our rapidly expanding and innovative Group presents a fantastic opportunity to develop your career and become an integral part of an inclusive, purpose-led organisation.

Key responsibilities

• Provide essential support and administration to the various functions of the team and wider department as necessary meeting defined levels of service (SLAs) to improve underwriting standards
• Support defined pieces of work end to end within agreed timescales
• Administration of reinsurance including monthly and quarterly reconciliation of reinsurance transactions
• Processing reinsurance aggregations, administration of FAC risks, changes to retentions and assisting with reinsurance reconciliations and bordereau returns
• ELTO administration and tracing, following defined processes and procedures, weekly and monthly reporting and monthly reconciliations to ensure data is clean and fit for purpose
• Assist in updating the Underwriting Underwriting Hub, tools and procedures.
• Delivery of Historic claims tracing
• To promote, develop and implement the Company's underwriting philosophy and strategy through the successful delivery of a variety of underwriting functions to maximise performance and achieve company objectives
• Managing and prioritising own workload effectively and escalating any conflicts
• Keep up to date with market conditions, practice and legislation
• Understand and operate within regulatory framework and identify and escalate any risks to the business

Knowledge, skills and experience

• Strong Administrative skills
• Competent IT and data skills [including Microsoft suite]
• The ability to plan, prioritise and manage own work to deliver agreed objectives and meet targets
• Understand, manage, and use information with accuracy
• Pro-active with desire to continuously improve
• Commercial insurance Industry knowledge would be an advantage
• Cert CII or commitment to achieve within an agreed timescale
• Effective and appropriate communication skills
• Commitment to deliver exceptional service contributing both as an individual and as an effective part of a team
• Understanding of all relevant regulations to deliver good customer outcomes
• Understanding of data protection and importance of confidentiality

What we offer

• A competitive salary - let's discuss it
• Hybrid working
• Group Personal Pension - up to 12% employer contribution
  
• Generous annual bonus scheme up to 24%
  
• 25days annual leave plus bank holidays, and a holiday buy and sell scheme
  
• A range of health and wellbeing benefits, including private healthcare, income protection and life assurance
  
• Up to £400 annual personal grant to a charity of your choice
  
• Encouraged to take at least one volunteering day per year
  
• Employee Assistance Programme
  
• Full study support to gain professional qualifications
• Access to virtual GP
• Enhanced maternity and paternity pay

About us

Ecclesiastical Insuranceoffer insurance with award-winning service across a broad range of specialisms, including faith, charity, heritage, education, art and private client, real estate and schemes, across Ireland, Canada and the UK.

As a business, we’ve been trusted to protect some of the UK’s best-loved and most iconic buildings for over a century, and we’re not standing still. We’re a forward thinking, energetic organisation entering new markets, with an ambition to double our size, because when we grow, we give back more.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.

*Directory of Social Change’s UK Guides to Company Giving 2017-26