Purbeck Insurance Apprentice (Purbeck Insurance)

Interview process lasting from 9th Feb until 13th March.

The primary role for the Apprentice/Core Occupation duties:

Commercial - Support the organisation's strategic vision, commercial aims and objectives by contributing to the generation/handling of insurance products and services. This can mean, for instance, helping to attract new clients or retain existing clients through renewal Meet numerous critical deadlines and prioritise activity appropriately to meet targets Analysis & decisions - Gather, analyse and interpret all data that is relevant to the delivery of insurance products and services Identify and act upon issues arising, taking appropriate action such as making a recommendation, a decision or a referral Quality Assurance - Ensure the organisation's Insurance quality assurance process is completed satisfactorily to process a transaction, make a decision or recommendation Communicate - Liaise with relevant internal teams, specialists and external stakeholders to ensure successful conclusions to insurance issues, which could, for instance, be a decision on insurance coverage or a payment to a client IT Systems - Create IT records and maintain up to date information relating to an insurance record via the organisations IT system(s) Data Protection - Work with personal, confidential and sensitive information, (such as personal, commercial and financial data), following a strict legal duty to maintain the confidentiality of the information and fully adhering to organisational policies and guidelines Regulatory - Adhere to the regulatory requirements that impact on insurance activity within own role, contributing to a compliant workplace. Work also in line with the organisation's processes, and relevant codes of conduct

Claims Handling/Loss Adjuster duties:

Fraud - Act as the first line of defence. Contribute to fraud reduction and detection by identifying insurance claims that could be fraudulent, escalating as appropriate within own organisation or as appropriate to relevant bodies including the police, action fraud and other affected financial services organisations Processing - Manage an insurance claim from start to finish, gathering all of the critical evidence needed to reach a conclusion Escalate decisions as needed within own organisation. Payout approved claims to the client (or their representative) accurately and promptly

Assistant Underwriter duties:

Risk - Assess and decide the specific level of risk associated with a client’s request to insure Contribute to decisions to accept and decline insurance and decisions on premium levels Limits - Operate within the approved financial limits, escalating underwriting issues beyond own financial authority

Junior Broker duties:

Represent - Act on behalf of your client, making appropriate negotiation/representation to the insurer to provide an effective return on insurance decisions Products & Services - Proactively identify and recommend insurance products and services (from across the marketplace) to new and existing clients. Contribute to the broker's sales and commission targets

Training Outcome:
Once the Apprenticeship has been successfully completed, the candidate will be offered an opportunity to permanently join one of our departments

Employer Description:

Purbeck Insurance is a small, but growing, insurance firm based in Rugby, Warwickshire. We sell personal guarantee insurance to Directors of small and medium enterprises (SME). When a Director takes out a loan for their business, a lot of the time there will be a personal guarantee attached to that loan. This means that if at any point the Director fails to pay their direct debit, the lender can then come after their assets. That is where we come in. We protect the Director's position. The work we offer is rewarding, and the company has a great culture, and as a fast growing company the opportunities to develop and progress are there for any new starter looking to begin their career with us.

Working Hours :
8 hours a day from 09:00 - 17:00 including a 1-hour lunch allowance.

Skills:
Attention to detail,Organisation skills,Customer care skills,Analytical skills,Effective communicator,Written communication skills,Proactive mindset,Self motivated,Professional,Interpersonal skills,Team player,Enthusiasm,Willingness to learn,Confidence,Punctual,Aspirational