Average Insurance Manager salary in City of London

Insurance Operations Executive: A Key Role in a Dynamic Team ?? Salary: Up to £55k + Excellent Benefits Location: London, UK (Hybrid with a minimum of 3 days a week in the officeHours: 8:30-5:30 Overview: We are seeking a candidate with a minimum of 3 years of technical experience in the London insurance market for the role of Insurance Operations Executive. The ideal applicant will possess a robust understanding of professional and financial lines of business, with a particular emphasis on Market Reform Contract (MRC) generation. Additionally, the candidate should have experience in premium processing through Xchanging and London Premium Advice Note (LPAN) production. The role requires a deep understanding of MRCs to effectively manage and generate these essential documents. This role will suit a proficient Insurance Operations Executive to enhance our dynamic team. This role is ideal for candidates with substantial experience in the London insurance market, particularly those skilled in premium processing and Market Reform Contract (MRC) generation. Key Responsibilities: Assist the Head of Insurance Operations in producing documentation, ensuring account quality, and processing insurance transactions.Manage and support the processing of premiums through the Xchanging system and address related inquiries.Maintain awareness of market standards and legal requirements pertaining to documentation.Contribute to the implementation of new broking platforms and systems. Essential Qualifications: A minimum of 3 years of technical experience within the London insurance market.In-depth knowledge of professional and financial lines of business, with expertise in MRC generation. (Market Reform Contract Creation)Proficiency in processing premiums through Xchanging and London Premium Advice Note (LPAN) production.Strong numerical and analytical skills with meticulous attention to detail.Excellent interpersonal abilities to effectively collaborate with the team. Team Structure: The role involves close collaboration with the Head of Insurance Operations and supporting approximately twelve brokers in the office, alongside coordination with a finance team of 2 Additional Considerations: A degree is preferred but not mandatory; practical experience is highly valued.Adaptability to the role and company culture is essential.Candidates from both large and small companies are encouraged to apply.This position offers significant growth opportunities and the potential to become a key member of the operations team. Non-Negotiable Requirements: Minimum of 3 years of technical experience within the London insurance market.Strong knowledge of professional and financial lines of business, including MRC generation.Experience in premium processing through Xchanging and LPAN production. Tags: #InsuranceJobs, #OperationsExecutive, #LondonJobs, #CareerOpportunity, #InsuranceMarket, #TeamGrowth, #HybridWork, #JobOpening

Senior Insurance Administrator £30,000-£50,000 DOE Monday-Friday Fully Remote A highly reputable and growing Insurance and Risk management firm specialising in bespoke coverage for high-net-worth assets with a large presence in the London market are currently seeking a highly skilled and experienced Operations Technician to join their team! This fully remote position focuses on managing operations within the London market, with a specific emphasis on Sports, Fine art and Species clients. The ideal candidate will bring a wealth of technical expertise, a keen eye for detail, and a commitment to delivering outstanding service. Duties will include: Raising invoicesDrafting slipsCreating & submitting various documentationWorking collaboratively within various departmentsSupporting slightly less experienced team members when required Ideal candidate: 3+ years in a similar role within the London insurance marketExperienced in policy administration and risk assessmentA great understanding of Sports, Entertainment, Bloodstock, Fine art, and species insurance related clientsExcellent written and verbal communication skills.Able to travel to London office 1-2 times per quarterSomeone who loves a challenge!Great multi-tasking skillsSomeone who can embrace and adapt to change within an innovative businessLondon Market knowledge/experience - (ILU/LIRMA/LMB/Lloyds etc.) Benefits Lots of reward opportunities including additional bonus/vouchersTravel compensation when attending London officeFlexible working hoursGreat opportunities for internal progressionHybrid working (once a quarter in the London offices)Highly generous pension contributionSabbatical programmeUp to 35 days annual leave For immediate consideration, click apply now or get in touch with Natalie at i2i Recruitment via email or telephone! We like to speak to every application, but due to the current climate this is not always possible. To ensure your application is not overlooked it is important that you emphasise any skills or work experience relevant to this position. If you have not heard from us within 5 working days please assume that you have been unsuccessful in this instance. (keywords: ILU, institute of London underwriters, operations technician, high net worth assets, fine art, species, antiques, bloodstock, equine, sports, entertainment, football, rugby, cricket, invoices, London market, Lloyd of London, Cii, chartered institute of insurers, lirma, London, remote, hybrid, insurance, policy, policies, drafting slips)

Position: Healthcare Insurance Broker Location: London / Hybrid Salary: £50,000 - £80,000 Join the ranks of a leading international Lloyd's broker as a Healthcare Insurance Broker. This is an exciting opportunity to work with a diverse range of healthcare providers across the UK and internationally. As a key player in our team, you will be responsible for managing our existing client base, identifying new business opportunities, and navigating a book that encompasses both open market and binders. You will be joining an ambitious and dynamic company with a collaborative work environment. A division that can offer long term development for your career and be recognised and rewarded for your work. Key Responsibilities: Client Management: Take charge of maintaining and enhancing relationships with our healthcare providers. Ensure exceptional service delivery and satisfaction while addressing client needs and concerns.Business Development: Proactively identify and pursue new business opportunities within the healthcare insurance sector. Cultivate and nurture relationships with potential clients to expand our market presence.Policy Administration: Handle a mixture of open market and binder policies efficiently. Ensure accurate and timely administration of policies, adhering to industry standards and compliance requirements.Market Engagement: Collaborate closely with key contacts in the Medical Malpractice and Life Science markets. Stay informed about market trends, developments, and emerging risks to better serve our clients. What’s needed for me to be considered? Proven experience as a Healthcare Insurance Broker, preferably within the Lloyd's market.Strong understanding of the healthcare insurance sector, including Medical Malpractice and Life Science.Excellent communication and negotiation skills to foster and maintain client relationships.Proactive approach to business development, with a track record of identifying and securing new opportunities.Detail-oriented with the ability to manage a diverse book of business. What next? Apply today to be considered for this opportunity. If suitable, one of our specialist consultants will be in contact to discuss the opportunity with you in detail prior to submitting your CV to the client. In this discussion we will aim to identify your specific skills and motivations, and where appropriate recommend other relevant opportunities to you that match your requirements. Additionally, refer a friend or colleague to us and receive £200 when we assist them in securing a new career! Job Synonyms: Healthcare Broker, Medical Malpractice, Life Science, Account Handler, Broker, Client Executive, Account Executive #LI-BC1