Insurance Technician

Our client, is an independent Lloyd’s Broker with a strong prescence in the London Market.

An excellent opportunity has now arisen for an London Market professional to join a busy technical operations function, supporting the accurate and timely processing of insurance business from placement through to settlement.

Working closely with internal teams and market stakeholders, the role will focus on maintaining high standards of data integrity, ensuring transactions are processed correctly and helping to resolve technical issues across the wider business.

Key Responsibilities

• Process and maintain insurance risks and associated transactions, working from MRCs, endorsements and relevant internal and market systems to ensure all information is accurately captured within required timescales.
• Manage the upload and processing of premium information through Bureau and other relevant London Market platforms, following established procedures and controls.
• Work collaboratively with internal business and servicing teams to investigate and resolve technical, data and transaction-related queries.
• Proactively identify discrepancies, incomplete information and processing exceptions, taking ownership of these through to resolution.
• Assist with the allocation and reconciliation of unallocated cash, helping to maintain accurate financial records and achieve monthly operational targets.
• Provide support with the preparation, checking and validation of bordereaux, ensuring submissions meet both carrier requirements and internal data quality standards.
• Maintain a strong focus on accuracy, compliance and data quality, ensuring processing is completed to a consistently high standard.
• Identify opportunities to improve existing processes and contribute to initiatives involving systems development, automation and technology enhancements.
• Keep technical knowledge and understanding of the London Market up to date, undertaking relevant training and development as required.

About You

• A minimum of 2 years + of London Market technical processing experience required, ideally for a Lloyd’a Broker
• Strong knolwedge of MRC Slips, Endorsements and LPAN creation
• Experience in using Xchanging/Velonetic
• Experience in various classes of business
• Ability to work independently or as part of a team

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