An Insurance Technician works for an insurance broker assisting in all areas of policy administration.
The role involves helping to complete policy documents, processing claims and assisting brokers with underwriting. Other general administrative duties such as filing, updating internal systems and typing correspondence will also be required.
Duties include:
Assisting clients in completing policy documents.
Providing premium quotes to clients.
Processing insurance claims payments to clients.
Arranging the renewal of existing policies.
Advising clients on their rights to make a claim on a policy.
Gathering evidence from policy holders in order to make a claim.
Ensuring that a potential claim is covered by the policy being claimed upon.
Issuing claims forms to policy holders.
Qualifications
None are specifically required upon entry to the role, though many employers will encourage their staff to study for qualifications such as the Certificate in Insurance offered by the Chartered Insurance Institute (CII).
Salary Snapshot
Recent salaries for roles advertised at time of writing (Nov 2009) include:
£27-35,000 for a Commercial Insurance Technician based in Leeds.
£28-31,000 for a Reinsurance Technician based in the Lloyds Market in London.
£16-19,000 for an Insurance Technician based in Essex.
£25-33,000 for a Property Insurance Technician based in the City, London.
Are you an Insurance Technician? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.
