Insurance Administrator - Finance (Permanent Position)
The Insurance Administrator will have responsibility for the timely and accurate processing and reconciliation of Premium, Claims, and related transactions to support Ayvens Insurance, our clients (AYVENS leasing entities), our reinsurers, and our claim handlers reporting and cash flow management.
Responsibilities
* Contact person for several portfolios for Ayvens entities within the Group as well as Third Party clients
* Complete premium validation checks for Annual Plan, Quarterly forecasts, and Year-end figures.
* Processing and completion of all aspects premium and commission invoicing and assistance with the resolution of relevant data queries or issues
* Processing and completion of all aspects of claims, other program costs and claims handling invoices in line with end-to-end process
* Ensure all received from outsourced service provider under SLA and IPT deadlines in line with end-to-end process
* Management of relationship with Tax services outsourcing provider.
* Provide support with the Reinsurance tasks i.e. Claims reporting Supports Budgeting and Reforecast activities.
* Control of monthly, quarterly, and annual returns completed by Ayvens Insurance fiscal representative together with proof of payments.
* Prepare reconciliations within set timeframes for both Claims Paid and Claims Fees.
* Identify and investigate reconciliation differences for correction focus given to attention to detail when compiling submission.
* Identify candidates for Reverse Billing in conjunction with the Claims department.
* Input to Regulatory reporting as required.
* Regular review and update of the documentation and on Share Point Adhere to operational processes and procedures and identify areas for improvement in current procedures and make recommendations.
* Develop key relationships with Business Partners and maintain appropriate contact logs.
Requirements
* 2-4 years of experience in the Insurance industry, particularly Motor insurance would be beneficial
* Excellent working knowledge of Microsoft Office is essential, in particular Microsoft Excel
* Third-level qualification in Business, Finance, Analytics, Maths, Science or Insurance is preferred
* Attention to detail and ability to take ownership of key activities
* Excellent analytical skills with a high degree of accuracy
* Ability to prioritise work to meet transaction and reporting deadlines
* Being proactive and ability to work on own initiative
* Team player who will play an important role as part of a small highly specialised team
* Proven ability to build and maintain relationships
* Very good verbal and written communication skills
About Us
Ayvens Insurance is an equal opportunities employer.
Benefits
* Work From Home
* 23 Days Annual Leave
* 10% Pension Bonus
* Life Assurance
* L&D Support
* Parking
* 2 Days per week in the office