Insurance Broking Executive Apprentice

A fantastic opportunity to join the insurance sector and gain industry recognised qualifications while being offered the opportunity to gain exposure in all the key operational departments within a business.

Requirements

• GCSE in Maths and English (grade 6(B))
• A Level in any subject - Desired Business, Economics, Law (grade C)
• Communication skills
• IT skills
• Attention to detail
• Enthusiastic
• Proactive
• Hard Working
• Professional
• Career Minded

Responsibilities

• Providing support to the broking team preparing new business and renewal policies, mid-term adjustments, invoices, cover notes and written correspondence
• Providing support to the marketing, claims and accounts teams
• Working with senior management
• Managing the staff entertainment fund and arranging team building exercises
• Providing a professional service to all clients at all times
• Brokering client’s commercial insurance requirements, working towards more complex types of cover
• Accompanying senior broking executives on client site visits and surveys
• Ensuring that throughout all departments the client records are kept up to date and completed fully and consistently
• Maintaining the diary system for designated members of the team as required
• Ensuring adherence to company compliance procedures and data protection requirements
• Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.
• Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.
• Analyse data to make evidence based decisions.
• Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.
• Apply appropriate method of communication for audience and circumstances.
• Records, verifies, maintains and where appropriate, shares information.
• Compliant with relevant governance, policies and procedures.
• Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.
• Balances competing priorities in order to meet deadlines.
• Builds and maintains positive relationships.
• Work as part of a team to help achieve results.
• Identify potential claims fraud and determine the correct action to prevent loss.
• Manage insurance claims and/or payments within the limits of responsibility in line with policies and procedures.
• Identify and manage insurance risks within the limits of responsibility in line with policies and procedures.
• Recommend insurance and premiums decisions within the limits of responsibility and in line with organisational policies and procedures.
• Gather and interpret relevant information to provide a return on insurance decisions.
• Match client’s needs with available insurance products and services.
• Optimises the potential return on insurance decisions within the scope of own role by identifying and positioning the client’s case with the insurer.