Average Operations Specialist salary in City of London

Volante Global Location: London About Us Volante Global are an award winning, multi-class, international underwriting group, delivering niche, specialist (re)insurance products to a broad distribution network. Employing underwriters with a proven track record in Europe, the Middle East, Canada, and the USA, we have seen unprecedented growth since starting in 2018, growth that is set to continue over the next 3 - 5 years. In January 2022, Volante's syndicate 1699 was approved by Lloyd's under the management of Asta, adding an insurance carrier to the existing MGA model. About the Role Key Responsibilities Provide support to the Claims Operations Manager with respect to Claims initiatives and projects.Assist in the management and utilisation of existing outsourced relationships including DCA's and expert panelsImprove the quality of data received from third parties.Oversight and analysis of KPI data received from third partiesSupport internal teams, with a focus on Actuarial, Claims, Operations and the MI team.Management and reconciliation of Loss funds - predominantly via the Vitesse platformIdentify opportunities to streamline and improve claims processes.Ability to document the processes undertaken in the Claims Operations team.Claims data entry, specifically for internally managed claims.Assist in the production of reports About you The ideal candidate will have; Strong communication skills and ability to liaise with stakeholders across the businessSelf-motivated and proactive approach to tasksAbility to use initiativeCoding knowledge preferableExperience of extracting, documenting, and interpreting Management informationFlexibility in approachA good understanding of the Lloyd's claims processes and systems - including ECFGood knowledge of the Microsoft Office suite, particularly Microsoft ExcelUnderstanding of Lloyd's processes and practicesExtensive Industry experience Diversity & Inclusion Diversity and inclusion are part of the Volante DNA. As a global organisation we have diversity of ethnicity, religion, and gender throughout the organisation from the top down. We have a "Diversity from Adversity" program through which we offer employment opportunities to people coming from disadvantaged backgrounds, and we continue to explore how to further these initiatives. We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or Inmails with resumes/CV's as they will not be accepted or credited.

Equifind are supporting a Global Insurance firm based in London City, by Bank Station who are hiring a Policy Wordings Specialist. You will join a tight knit team, a real all round position, with scope to grow. The role is full time and of a 3 and 2 hybrid nature but they also might consider a part time (4 days) option. The Role The Policy Wordings Specialist for this Insurance company in London will carry out the following duties:Provide technical support and advice to Underwriters, Claims Adjustors, the Legal Department and Brokers.Review slip documents and produce electronic reports highlighting issues for consideration by Underwriters and management.Review policy wordings and assist in the negotiation of wording revisions with brokers.Assist in the production and on-going review of the firms own wordings and clauses.Develop market network to obtain knowledge of market trends and developments and advise management and colleagues as appropriate.Collaborate across the group and act as an effective ambassador for the firmAd-hoc tasks relating to operational processes. Requirements Ideally experience in the Insurance market with insurance policy wordingsInsurance qualification or progression towards (Dip CII/ACII)Attention to detailOrganised and a problem solverPositive and proactive natureAbility to deal with senior stakeholders What’s on offer Up to £75-90k base salaryDiscretionary bonus, Strong pension matched25 days annual leavePrivate healthcare and life assuranceHybrid workingOther benefits

Sourcing Specialist - Central London/hybrid - Competitive salary, bonus & benefits My client, a global healthcare company based in Central London, is looking to recruit a Sourcing Specialist offering hybrid working (2 days a week in the office).You will be responsible for driving sourcing value creation initiatives for hospital and acute segments. The successful candidate will be key to helping identify opportunities to create sourcing value to meet the diverse customer specific wants and needs. Leveraging insights and working cross functionally with the members the Sourcing Specialist will help execute channel specific sourcing initiatives. Key responsibilities: Build knowledge and support value creation initiatives for non-retail segments, including acute care (health systems), alternate site (medical surgical) and provider solutions (specialty) segmentsSupport with building and maintaining relationships with external suppliersResponsible for the resolution of suppliers operational issues & escalations while effectively communicating impact to member organisations across relevant channels.Prepare for, attend and support suppliers meetingsSupport with establishing effective business processes to monitor portfolio health and risk, creating financial value for membersSupport the evaluation & collaboration of product launches and pipeline targets. Support communications to the organization of supplier, product, and market changes in relation to non-retail segments & the product portfolioResponsible for driving alignment with other groups within sourcing, member engagement & members to ensure implementation and delivery of ideasLeverage data and advanced analytics to support the creation of sourcing recommendations through analysis.Analysis from reviews of products, new launches, markets, members requirements & risks of suppliers and product/portfolio needs within non-retail space. Key skills: Bachelor's degree in Business, Finance, Supply Chain, Science, Engineering or a related field; Previous experience in retail, sourcing, consulting, pharmaceuticals, finance/business analysis or product managementProduct sourcing experience in pharmaceuticals highly preferredKnowledge of purchasing, sourcing and/or product management of product distributed within a multiple warehouse environmentStrong proficiency in MS Excel and/or Access with a solid background in developing queries, macros and other data extraction techniquesStrong Negotiation skills, analytical and problem-solving skillsAbility to build and maintain long term relationships Well organised, process and team-oriented with the ability to prioritise quickly Broadstone Resourcing Ltd acts as an Employment Agency and an Employment Business and all appointments will be made on merit alone.