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Insurance Technician – Lloyd’s Market

Job Market – Insurance

Insurance Technician – Lloyd’s Market

My are seeking an Insurance Technician who is a Systems & Product Line specialist. This role will often be a point of contact for the London based broking teams who they will support. You will also provide support to their functional management team by developing the technical knowledge of others in the team.

You will participate in system testing, provision of training, monitoring of data integrity, take part in various project work and will act as a technical referral point for complex debiting and related issues. This role will be able to coordinate all documentation relating to London Market Premium and Policy processing, liaising with others as necessary

You will work closely with your manager and other team members, to manage the administration and support processes in relation to clients’ insurance requirements in accordance with Group policy to achieve targets, develop the business and deliver an excellent and comprehensive service.

Insurance Technician – Key Duties:

Ensuring that client invoicing is made on time

Ensuring that changes to policies especially relating to invoicing are tracked and monitored

Assists in the creation of comprehensive broking, client and other types of documents

Processes slips, quotes and indications

Performs technical duties (including data entry, credit control, chasing subjectivities)

Keeps informed of all regulatory and legal changes which impacts on the job role

Ensures up to date records are maintained at all times on the Company systems

Responds appropriately to urgent issues as they arise

Insurance Technician - Key requirements

Skilled in the use of Insurance Systems: Global XB (GXB), Acturis, Brokasure, SSP, PAS, PPL Platforms

Strong understanding of the Lloyds and London market, with experience in a similar role.

Experience preparing documentation (LPAN)

Experience in Xchanging / DXC technology is desirable

Strong understanding of FCA regulations as they pertain to insurance intermediaries

Excellent understanding of processes and procedures within the insurance market. Able to audit and check the work of others

Attention to detail with ability to produce accurate documentation