Insurance Administrator

Strategic Risk Solutions Inc (SRS), a fast-growing privately-owned insurance services company, is looking for an Insurance Administrator to provide superb administrative support to colleagues in Barbados.

SRS provides consulting, accounting, and management services to insurance companies, predominantly those licensed as captive insurance companies, in the US, Barbados, Bermuda, the Cayman Islands and Europe with a staff of 400+ employees and expects to continue to grow and expand domestically and abroad.

Duties include:

Policy administration of a portfolio of commercial (re)insurance companies via the use of a relevant SaaS Insurance platform, including the review and update of insurance policies and the processing of insurance claims;
Liaison with all relevant stakeholders in the performance of duties, including the customers and agents associated with each company;
Processing customer inquiries related to policies, coverage, and claims, providing detailed information and resolving issues in a timely manner.
Assistance with the implementation of efficient administrative procedures to streamline insurance operations and improve customer service.
Accounts payable, online cash management and related bank functions;
Assist in the preparation of monthly, quarterly, and annual cash and investment accounting statements and reconciliations;
Bank and investment account on-boarding for new client engagements;
Liaise with financial institutions on payment queries and processes;
Monthly Bank reconciliations for client bank and investment accounts; and
Other administrative tasks related to the policy administration of the client portfolio as may be assigned from time to time by management.

Attributes and skill sets include:

Relevant years training and experience in a similar role in a professional environment;
Detail-oriented with superb organizational skills and comfortable with routinely shifting demands to meet strict reporting deadlines;
Must be a self-starter and motivated;
Strong verbal and written communication skills;
Ability to build lasting relationships with all levels of employees, along with our clients; and
Demonstrated proficiency with Microsoft Office suite, including PowerBI.

We offer a competitive salary and a comprehensive benefits package including medical, dental, vision, life, disability coverage, and profit participation.

Suitably qualified persons can deliver their application directly to:

Kirk Cyrus
Managing Director
Strategic Risk Solutions
Letchworth House
The Garrison
St. Michael, BB14038
BARBADOS
E-mail: kirk.cyrus@strategicrisks.com

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