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Policy Servicing Administration Officer
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About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its' solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.
On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.
About Utmost Luxembourg S.A.
Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.
We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset
Your role – Are you ready for a challenge?
The Policy Servicing Administration Officer (CDD - 12 months) is accountable for:
- Act as the person of contact for the internal Partner and Client Services colleagues for the administration and coordination of cross market policy servicing;
- Take the necessary action to respond in an effective, professional and timely manner to the queries received from Partner and Client Services colleagues consistently ensuring a high level of service;
- Perform accurate and timely processing of policy transactions, servicing and query resolution during the life cycle of a policy, including document management;
- Assist in processing the due diligence review of transactions in line with corporate standards;
- Develop and maintain a strong working relationship with all counterparties;
- Take the initiative to exchange proactively with Partner and Client Services colleagues to render even more efficient the Policy Servicing process.
- Maintain an ongoing awareness of services, review procedures and ensure quality improvements are made as required;
- Contribute actively to the development of high-quality Policy Servicing methods to ensure consistency and uniformity;
- Accompany and give on the job trainings to new joiners within the Partner and Client Servicing department in order to ensure the integration of the company's high set standards on Policy Servicing processing and system use.
Your profile – Have you got what it takes to become our Policy Servicing Administration Officer?
- University Degree (Minimum Licence) in Economics, Finance, Business Management or equivalent,
- Mandatory first experience (minimum 1 year) working within the insurance sector,
- Mandatory experience dealing with policy transactions and due diligence,
- Aware of developments within the insurance sector in general and competent in dealing with queries relating to funds and financial instruments,
- Strong prioritisation skills and flexible, reliable and responsible in challenging situations,
- A team player with excellent interpersonal and communication skills, verbal as well as written,
- Ability to demonstrate a high level of initiative and problem-solving capabilities,
- Fluent in English and in French mandatory.
As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.
Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.
*Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here
Recruitment Privacy Statement
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