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Broker Services Manager
Ref. JO0000006828

Position Broker Services Manager
Sector Broker Support Technical
Location City of London, City
Type Contract
Salary £50K - £60K / Annum
Reference JO0000006828
Summary BROKER SERVICES MANAGER - 12 month FTC Salary Negotiable



Leading City based organisation are seeking to recruit an experienced People Manager.

You will possess:

·In-depth knowledge of the broker's role within the Lloyds environment

·In-depth knowledge of Xchanging's processes an advantage

·In-depth knowledge of the Binder/bordereaux process



You will manage a team of 6 staff.

·You will provide services to the syndicate and service companies by managing, overseeing and co-ordinating the processing of premiums and claims through their in-house broker

·Manage, oversee and co-ordinate the analysis of information received from service companies and companies who deal directly with them for Processing

·Manage, oversee and co-ordinate in the accurate processing of applicable LPANs and LCCFs and ensure they are submitted to Xchanging within agreed timescales.

·Manage, oversee and co-ordinate the processing of taxes collected in line with Lloyds guidelines.

·Liaise with underwriting and claims departments and Xchanging in order to resolve queries.

·Ensure bordereaux are received in line with reporting requirements.

·Manage, oversee and co-ordinate the direct settlements team with the reconciliation of accounts.

·Oversee that all internal & regulatory requirements are adhered to.

·Liaise with binder management team to sign new binders and renewals through Xchanging.

·Liaise with Finance to ensure prompt payment of claims/ fees/ profit commissions etc.

·Ensure coverholders comply with Lloyd's and Xchanging processing requirements.

·Co-ordinate with Finance to ensure bank receipts are correctly identified.

·Co-ordinate with the team to ensure coverholder reconciliations are carried out between cash paid and received against the in house broker processing



Please apply ref 6828

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