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Marine Technician and Broker Back up
Ref. JO0000007627

Position Marine Technician and Broker Back up
Sector Broker Support Technical
Location City of London, City
Type Permanent
Salary £40K - £60K / Annum
Reference JO0000007627
Summary 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

MW Appointments is acting as an Employment Agency in relation to this vacancy.
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