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We're looking for a Senior Group Risk Administrator! Are you an experienced administrator with a keen interest in employee benefits and group risk products? Do you thrive in a dynamic environment where you can truly make an impact? If so, our client, a leading organisation in the finance industry, has an exciting opportunity just for you!
Job Responsibility:
Managing complex processes related to group risk products such as Group Life, Income Protection, and Critical Illness
Processing new business applications, renewals, and amendments for group risk policies with meticulous attention to detail
Liaising with insurers to obtain quotations, underwriting decisions, and policy documentation efficiently
Maintaining compliance standards and accurate records in alignment with FCA regulations
Assisting with audits and compliance checks as necessary
Preparing and maintaining insightful reports on scheme performance, renewals, and pipeline activity
Contributing to process improvements and best practises initiatives within the team
Requirements:
Previous experience in financial services or insurance administration, ideally focused on group risk or employee benefits
Strong knowledge of Group Risk products and market practises
Excellent communication skills, both written and verbal
Proficiency in Microsoft Office and CRM systems, with a sharp eye for detail
The ability to thrive under pressure while consistently meeting deadlines
A commitment to confidentiality, reliability, and trustworthiness
Conducting market reviews and summarising recommendations for clients
Utilising insurers' portals for quoting and policy management
Producing detailed reports for new business initiatives
Experience with scheme implementations and transferring policies between insurers
A solid understanding of key terminology and concepts related to group risk and healthcare is essential, including: Registered/Excepted group life, total sum assured, and deferral periods
Medical underwriting processes and benefits commonly offered by healthcare plans
What we offer:
Enjoy the convenience of our office, just a 7-minute walk from City Thameslink train station
Be part of a collaborative team where your contributions truly matter
We support your professional growth and encourage continuous learning
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