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Premium Processing Technician


City of London, Greater London

MW Appointments

A wonderful opportunity to join an independent , mid-sized Lloyds broker who support clients across the globe with the placement and servicing of a diverse range of different classes of (re)insurance risks.

They are seeking to hire an experienced premium technician to handle all aspects of Premium processing in respect of Open Market Direct/Facultative business and Binding Authority/Treaty business.

The individual will be working within the premium processing team working closely with their colleagues in both Broker and Broker Support Teams to ensure an efficient service throughout the placement process.

The wish list ….

* Have a good understanding of premium processing and the mechanics of both Bureau and non-Bureau markets.
* Ability to submit Premium to Xchanging for Facultative business, including Correction packages.
* Good knowledge of the ATLAS and DCOM systems or equivalent.
* Ability to submit Risk & Premium Bordereau via DDM or equivalent.
* Process incoming binder premiums, ensuring adherence to Lloyd's guidelines, verify the accuracy of binder premium data and address any discrepancies promptly.
* Produce documentation such as PANs, Debit/Credit Notes, Security Sheets.
* Have a good level of Excel Spreadsheet knowledge.
* Possess a keen eye for detail and accuracy.

What is on offer …

* Permanent role
* Salary is open - depending on level of technical expertise
* Full benefits package
* 4 days in City office and 1 day working from home.

Ref ~ 9624

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

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

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