AddressInsurance Controls & Operations Administrator £28,000 – £35,000
This leading insurance underwriters have an excellent international reputation and offer a friendly and inclusive working environment. They are now looking for an administrator to join their Controls and Data Assurance team. Previous compliance or insurance administration experience would be preferred combined with an A level (or equivalent) standard of education.
Duties
To facilitate and administer the review process for all service contracts and outsourcing arrangements, ensuring compliance with all appropriate legislation and internal governance processes.
To keep up to date with of ongoing regulatory changes
To work with the Sourcing team regarding changes in legislative requirements and ongoing process changes and efficiencies.
To collate reporting on performance of client agreements and intra group sourcing
To collate, review, maintain and update as required, key process timetables detailing multi-departmental activities across the business, to enable timely delivery of external reports and returns.
To identify, track and resolve key process issues raised as part of timetable monitoring.
To maintain the process framework (comprising of a central process library with departmental process maps, procedures and policies, together with cycle documentation detailing key cross departmental data flows).
To support annual reviews of the process library and add new processes as required.
Support and enable improvement initiatives fostering and delivering a continual improvement ethos.
Work with the business to perform controls and testing to support internal control framework
Preparing reporting to key audiences, including governance committees, based on each period’s KPI’s, communicating areas of concern, improvements and changes.
To support the Team in developing new KPI’s and Performance Metrics
