Job Title: Insurer Development Executive
Department: Insurance
Reporting to: Commercial Director
Location: Bristol
Salary: £25,000 to £27,000 per annum
Job type: Permanent, Full time.
About us:
Verex Group are the market leader in the Vehicle Manufacturer Insurance and Accident Management sector. Alongside our network of partners, we utilise the latest innovations in connected data and technology to continually transform our business to achieve our future goals.
The Role/Purpose:
The Insurer Development Executive will provide support to the Commercial Director in managing the day to day relationships with our Insurer Panel.
Key Responsibilities:
- Providing support to Commercial Director.
- Prepare packs for monthly review meetings.
- Attend insurer meetings when required.
- Support on insurer development projects.
- Daily checks on each insurer to ensure schemes are quoting and priced correctly.
- Manage audit process for each insurer.
- Manage Thatcham with Referrals team.
- Meet Referrals team weekly to discuss conversion, quotability, rates and provide feedback to Commercial Director.
- Ensure insurer policy wordings are up to date on policy systems and software houses.
- Ensure Product Governance is accurate and up to date.
- Manage Cover notes.
- Manage day to day Pivotal requirements;
- Looking after monthly bordereaux.
- Looking after enquiries from Pivotal with Insurer.
- Provide monthly MI on book performance.
- Attend monthly meeting with Pivotal with Commercial Director.
- Manage day to day Nevos requirements;
- Ensure scheme is functioning correctly.
- Looking after any enquiries from Nevos with Insurer.
- Provide monthly MI on book performance.
- Attend monthly meeting with Nevos and Commercial Director.
- Ensure insurer rate changes are implemented for each scheme.
Role Requirements:
- Previous experience in Motor Insurance – sales, underwriting or customer service.
- Insurance exams or willingness to progress.
- Self-motivation and drive to ensure insurer products are delivered effectively.
- An ability to converse and hold relationships with insurance companies.
- An understanding of software house functionality – Insurer rates, covers etc.
- An understanding of all functions within the call centre and how they relate – customer services, sales and referral team’s and an ability to hold a relationship with all.
- An understanding of Covernotes, Pivotal and Nevos schemes.
- An understanding of Underwriting rules and how they are applied to each scheme.
- An ability to prepare MI and data packs.
- Knowledge of Microsoft programmes and Power BI preferable.
The Person and Their Attributes:
- Good communication skills.
- Works well under pressure.
- A keen eye for detail.
What We Offer & Benefits:
Pension
- Verex Group auto enrolment pension.
- Your contribution will be 5% and the company will contribute 3% increasing to 4% following successful completion of your probationary period.
Life Cover
- Policy for 4 times Annual salary.
Employee Health Cash Plan
- Cashback on dental, optical and other regular medical costs, gym discounts, Virtual GP and more.
Perks at Work
- Offers discounts on purchases across shopping, food and drink and entertainment.
Employee Assistance Programme (EAP)
24/7 telephone support and face to face counselling.
Please click on the APPLY button to send your CV and Cover Letter for this role.
Candidates with the experience or relevant job titles of; Motor Insurance Handler, Insurer Development Executive, Insurance Claims Handler, Customer Service Representative, Claim Handler, Customer Claims Executive, Trainee Claims Handler, Customer Services Executive, Junior Claims Handler, Claims Customer Service, Insurance Claims, Case Handler, Claims Assistant, Customer Claims Handler, Claims Advisor will also be considered for this role.
