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Technical Processor
- Location: City of London
- Category: Broker Support Technical
- Salary: £25K - £30K / Annum
- Reference: JO0000006701
Technical Processor - City - 6 month FTC to £30,000 Leading Insurer based in the City is seeking an experienced Technical Processor to handle their European Closings. Deal with the processing of European Direct closings in order to facilitate cash allocation and to align Estimated Premium Income with Reported Premium Key Duties: Efficient, accurate and independent processing of technical accounts Closing/Bordereaux reconciliation and processing within various underwriting systems Accurate accounting for Insurance Premium Taxes Proactive investigation, analysis and interpretation of processed accounting information Close cooperation with Credit Control Team for entry verification In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require Key Experience / Skills: A reliable, professional individual who demonstrates the ability to work independently but also as part of a wider global team with excellent communication and analytical skills Experience in technical accounting / premium processing - Broker or Insurer background Insurance premium tax expertise and prior experience would be advantageous Ref 6701
Technician - Technical Operation Support
- Location: City of London
- Category: Broker Support Technical
- Salary: £25K - £35K / Annum
- Reference: JO0000006049
Technician - Technical Operation Support department City based Lloyds Broker is seeking an individual to assist the team as a member of Technical Operations Support. You will be expected to provide technical and administrative support to the directors and other members of staff as appropriate. This includes but is not limited to, the following: Preparing and issuing: ·drafting policy documents; ·processing credit and debit notes; ·drafting policies, contractual documentation, certificates, slips and endorsements; ·entering risk details into the system; ·make up physical files ·maintaining up to date and accurate records of the work; ·liaising with clients, Insurers and other staff to resolve any arising queries if and as appropriate ·inviting and monitoring renewal instructions; ·keep a regular check on renewals, lapses and extensions ·generally providing support to the producers/brokers; ·preparation of slips/market presentations; ·preparation of client presentations The successful candidates will have experience handling technical insurance documents such as MRC Slips / Endorsements preferably with a Non Marine background. Professional Risk experience is desired not essential Ref 6049
Broker Back up - Property, Construction, Energy classes
- Location: City of London
- Category: Broker Support Technical
- Salary: £30K - £35K / Annum
- Reference: JO0000006402
BROKER BACK UP to £35,000 City based Lloyds Broker is seeking to recruit an experienced Technician to work on Property, Construction and Energy classes of business. Support the Senior Brokers in maintaining positive client relationships, to provide accurate and effective support to the Director and the team, Assist with the development of new business and the existing portfolio of clients, Contribute to the analysis of client data for presentation to (Re)Insurers, Monitor the progress of placement to ensure compliance with Group and FCA procedures and requirements. Create Technical Documentation, Liaise with Brokers and/or Clients and prepare and populate an MRC with appropriate information, Prepare an MRC and supporting documentation in accordance with templates and MRC requirements using Brokasure, Oversee, check and sign market documentation, check and approve client documentation prior to obtaining authorised signatories. Prepare Evidence of Cover documentation for signature. Prepare Debit Notes at same time as Evidence of Cover documentation as required. Successful candidate will have a solid technical background. Ref 6402
Senior Technician
- Location: City of London
- Category: Broker Support Technical
- Salary: £30K - £40K / Annum
- Reference: JO0000006614
SENIOR TECHNICIAN - £30,000 - £40,000 Our client is a Lloyds Broker based in the City and they are looking for a Senior Technician to join their team. You will have sole responsibility for the following: ·Use of Xchanging’s Daily Accounting Report to monitor signings and inform Account Executives ·At Allocation ensure stage 1 information iscorrectly shown in MRC ·Check LPANS /Closings show correct premium and insurer information ·Credit control - monitor and manage payments on a daily basis; ·Assist Finance Team in correlating Premiums received ·Liaise with the Account Executives and Accounts Department to ensure prompt receipt and onward payment within any premium payment terms set by Insurers; ·Arrange for premium payment terms to be updated when premium overdue; ·Submit Premiums/Additional Premiums/Return Premiums and Binding authority premium bordereaux to XIS via the IMR for signing; ·Requesting of Return Premiums from Company Markets ·Submit Closings to the Accounts Department for wire transfer; ·Promptly respond to queries when raised by Underwriters ·Resolving any stage 1 queries raised by bureaux ·Responsibility for Lineslip Renewals and setting up of FDO markets ·Updating of In-House Risk Tracking System ·Running Premium Received/ Sent and Premium Payment Reports Previous experience essential. Non marine OPen Market and/or Binding Authority business preferred. Please quote ref 6614
