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Delegated Account Technician
Ref. JO0000007549

Position Delegated Account Technician
Sector Underwriting Support
Location City of London, City
Type Permanent
Salary £40K / Annum
Reference JO0000007549
Summary Delegated Account Technician

City of London

£40,000 depending on knowledge and experience

About the Company:

A fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. They seek to deliver innovative products and responsive customer service so they can be a market leader.

About the Role:

A Delegated Accountant Technician is required to work within the Delegated Underwriting Management Team focusing on the capture of delegated authority business at certificate level and utilising best practice procedures to chase for underwriting bordereaux and the timely receipt and application of all funds. We are currently implementing new practices to comply with "best practice" initiatives within the team.

Key Duties:

* Process delegated bordereaux into various internal bordereaux management systems

* Data entry into core underwriting systems

* Work closely with credit control to ensure contract terms are being adhered to. Manage issues or escalate to Director of Delegated Underwriting Management where necessary.

* Support day to day process management of delegated underwriting, in accordance with the Delegated Underwriting Policy and Procedures.

* Ensure administration of the portfolio is in line with regulatory defined conduct requirements and agreed minimum standards for all territories.

* Grow and maintain strong underwriter/broker/coverholder relationships in support of the business through the life of the portfolio.

* Work collaboratively with other internal partners as required for each facility. eg. Underwriting, Compliance/Legal and Reg, Claims, Internal Audit, Risk Management, Finance, Corporate Management and Actuarial.

* Manage reporting requirements on the book of business.

Technical skills/Knowledge/Experience

* Possess a sound knowledge of insurance; experience of working in the London Market or a delegated authority environment would be advantageous

* Have the ability to develop and maintain relationships with their clients/brokers

* Have experience of effectively managing and manipulating high volumes of data; they will be able to create concise and accurate reporting and supply a pertinent interpretation of the results

* Demonstrate good working knowledge of Excel, and be a competent user of MS Office; experience of using BDX/Eclipse would be advantageous and aptitude to learn in-house software is essential

* Delegated experience, knowledge of Eclipse and BDX , CII qualifications or equivalent would all be desirable

Ref 7549

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