Job: Assistant Coverholder Technician

Salary: £35,000

Location: Hybrid Working London/ Home



A large Lloyd's Underwriting Agency has an excellent opportunity for an Assistant Coverholder Technician to join their city of London office on a hybrid working basis with 1-2 days a week in the office and the rest from home.



Purpose of the role:

- To provide the Coverholder team with administrative support in relation to binder business.

- To provide support to the Coverholder team in their day-to-day activities.



Main Duties:

Coverholder Administration

- To prepare forms, arrange settlement and tracking payment of any transfer request received.

- Raising of manual Eclipse signings for business written on company paper

- To assist in maintenance of European settled direct mailbox.

- Assistance in the preparation of ad-hoc reports.

- Processing of non-cash claim signings and liaising with claims team to ensure Eclipse record is accurate.

- Assistance with the monthly reconciliation of cash receipts, by updating a log with details obtained from pdf cash remittance advices.

- Production of ad-hoc management information reports.

- Quarter end - providing assistance in checking coverholder income entries.

- Assist in manually producing the LPAN documentation, in order to submit premium bordereau to Xchanging (coverholder and direct accounts).

Reporting and Management Information

- Regular reports as required for team meetings.

- Eclipse reporting (quarter end).

- Assist the Coverholder team when performing year end or monthly reporting tasks.

Performance Measures

- Timely and accurate information submitted for internal reports;

- Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs;

- High standards of accuracy and data integrity;

- Accuracy of file construction / binder construction;

Key Skills/ Experience:

- Previous experience within an office/ administrative role WITHIN Insurance environment

- Knowledge of Insurance practices

- Underwriting processes, controls and systems (desirable but not essential).

- Avoids errors and ensures high standards of accuracy and data integrity;

- Analytical and problem solving;

- Strong written and oral communication skills.



REF: 8782

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