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Delegated Underwriting Technician
Ref. JO0000007565

Position Delegated Underwriting Technician
Sector Underwriting Support
Location City of London, City
Type Permanent
Salary £26K - £30K / Annum
Reference JO0000007565
Summary Delegated Underwriting Technician



Type: Full Time (37.5 h.p.w.) or Part Time (minimum 30 h.p.w.) an option

Location: Home or Office (based in City of London) options available

Salary: c £30,000 p.a. pro rata



Our client is a Coverholder at Lloyds. This is a great opportunity to join a newly established, innovative and dynamic MGA specialising in the underwriting of global Financial Institutions (IMI, BBB FIPI and FID&O) and Commercial D&O insurance.



Working closely with the 2 Directors, the purpose of the role will be to provide a range of technical support functions in all day to day operational aspects of the running of the MGA. As a key member of a small and dynamic team this role will suit a highly focussed, adaptable and innovative individual, who can work independently and assume responsibility to complete tasks.



Responsibilities will include:

Bordereaux entry and management

Monitoring of credit control and unallocated cash

Production of debit notes, policy documentation, endorsements etc

Assisting with tax queries

Liaising with brokers, service providers and other third parties

Producing reports for underwriting management

General support of the underwriting management team - KYC checks, management and maintenance of electronic filing system - quote logging, entry and management of business bound, submission spreadsheets etc

Ad hoc reporting and project support work

General office administration duties



Required Skills & Expertise:

Previous experience of Lloyd's Xchanging, is essential

Experience in processing, monitoring, verifying and managing monthly bordereaux, is essential.

Proficiency in using London market systems such as Atlas, Crystal etc

Experience of issuing debit notes and knowledge of overseas insurance tax regimes

Highly proficient in MS Office including advanced knowledge of Excel

Experience dealing with international business and risks

Knowledge of Financial Lines / Commercial D&O insurance, desirable



Our client supports flexible home working and part time options and is happy to discuss working hours and location possibilities.



Ref ~ 7565

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