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Marine Technician and Broker Back up

  • Location: City of London
  • Category: Broker Support Technical
  • Salary: 40K - 60K / Annum
  • Reference: JO0000007627

MARINE TECHNICIAN/BROKER BACK UP 30,000 - 60,000 neg Working in the Marine division handling Hull, Machinery, Liability, P+I business. Responsible for the processing and routine supervision of; pre-inception and post-placement documentation in support of placement, premium and credit control, file and record management, perform various broker back up roles, check signatory for slips and endorsements and initiate renewal negotiations with clients and underwriters. Divisional responsibility for Anti-Bribery & Corruption, including but not limited to Gifts/Payments to third parties, money-laundering reporting to the Technical Committee. Divisional World-Check Document Production and Processing .Produce documentation, for both Hull and P&I, to support the negotiation and placement of contracts of insurance including Electronic Platforms .Produces endorsements (or equivalent documentation), which meet the clients requirements .Timely and accurate generation and issue of cover notes, addenda and debit/credit notes. .Produces evidence of insurance/certificates/Letters of Undertaking for third parties on clients’ instructions Premium Processing .Process original and adjusted premium to companies and bureaux Credit Control .Manage premium payment and cash reconciliation .Uses the correct type of closing (e.g. De-linking, Signing and Accounting) and generates the correct market closing documentation .All Premium Payment Warranties (PPW) are diarised .Monitors, pursues the receipt of funds from assureds to ensure settlement terms/PPWs are met, or escalates problems to Divisional Management .Reconciles unallocated cash within 25 days or escalates the problem to Divisional Management/Accounts as appropriate. Production of reports and Management Information .Assist with the collation and preparation of statistics .Produces relevant statistical reports, and underwriting information. File Maintenance • Create, check and maintain records of negotiations, presentations and communications with (re)insurers / reinsurers and clients. Also includes archiving of documentation and files Client Servicing .Manage client requirements in accordance with the terms of appointment, maintaining the client relationship. .No justified client complaints over provision of service. .Timely and accurate response to client queries. Ref 7627

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Broker Support Technician - Lloyds Market

  • Location: City of London
  • Category: Broker Support Technical
  • Salary: 45K - 55K / Annum
  • Reference: JO0000007616

Senior Broking Technician Lloyds Broker - City of London Permanent – This role will be City based, but will start from home until the lock down ends. Salary to 55,000 The successful candidate will be able to show solid expertise for producing and processing post-placement documentation, processing premium, preparing Xchanging submissions together with file and record management. REF - 7616

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Technician/Senior Technician Reinsurance

  • Location: City of London
  • Category: Broker Support Technical
  • Salary: 30K - 50K / Annum
  • Reference: JO0000007512

Technician/Senior Technician in Technical Operations - Reinsurance City of London 30,000 - 45,000 We are seeking an experienced individual to join a fast growing Reinsurance Team within the Technical Operations Division.This opportunity will allow the successful candidate to work with team members based in the UK front office and offshore in India, supporting the processing and the resolution of queries related to the end to end processing of a premium. Duties include: Experienced in the end to end activity of invoice processing Strong understanding and experience in structure and format of slips and cover notes. Good understanding of Market Reform Contract (MRC) Ability to demonstrate an excellent level of technical reinsurance knowledge and understanding of the ‎Industry and its regulators Strong understanding and experience working with the Bureau (Xchanging as was now DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings Knowledge of LORS‎ would be helpful Working knowledge of Excess of Loss and Facultative business, as well as Line Slips and Binding Authorities Demonstrates a working understanding of resources available in relation to tax and vat requirements as it relates to premium processing activity Working understanding of the financial aspects of the end to end premium process The role includes working with our Accounting and Credit Control Team, with accountability to support the reconciliation and collection of premium and keep funding and bad debt to a minimum Regular liaison with company Compliance and Regulatory Team to support the setting up of trading partners as well as ensuring we meet the required sanction and licensing rules are key part of the role Candidates requirement: Strong computer skills and aptitude to learn bespoke packages Verbal and written communication skills Attention to detail and accuracy Demonstrates high degree of problem solving Work under some pressure at peak periods maintaining order control‎ and quality out puts Ability to be able to manage own priorities and know when to escalate ‎non routine issues Demonstrates positive and tenacious attitude and can do behaviour with strong accountability Ability to develop and sustain relationships at all levels allowing the opportunity to influence outcomes Willing to go the extra mile Eligible to work in the UK Ref 7512

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Broker Support Technician - Lloyds Market

  • Location: City of London
  • Category: Broker Support Technical
  • Salary: 30K - 40K / Annum
  • Reference: RMS2001

Broker Support Technician - to c40,000 Permanent contract City based but initial on-boarding at home. Successful, independent Lloyds broker is seeking to recruit an experienced Lloyds / London Market broker support technician. Business lines will include global non-marine with some energy & construction.

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