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- Tasks: Help prepare key documents and manage premium processing while resolving queries.
- Company: Join a dynamic team focused on excellence in the insurance industry.
- Benefits: Enjoy opportunities for training, growth, and a collaborative work environment.
- Why this job: Be part of a crucial process that impacts clients and brokers directly.
- Qualifications: Knowledge of IBA, premium processing, and experience with slips and endorsements required.
- Other info: Ideal for detail-oriented individuals looking to make a difference in the industry.
The predicted salary is between 36000 - 60000 £ per year.
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Assisting in the preparation of key placement documentation ensuring meeting with minimum standards
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Initiating and overseeing the premium processing function, supporting the processing technicians with the resolution of queries as appropriate
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Dealing with Slips and endorsements using MRC
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Training and support of 3rd Party Service Providers
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Maintaining an accurate and compliant record of the placement via GXB
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Utilising relevant market and internal systems to aid in the placement process
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Support the internal File Audit process working with the File Review and Internal Audit team as appropriate
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Oversight and ownership of key contractual dates, including payment warranties, subjectivities and NOC’s
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Work with Clients and Brokers to address Cash & Credit Control issues, identify route cause of any recurring issues and propose changes to the process to bring improvements
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Knowledge of IBA
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Premium Processing (including Pro)
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Claims
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Experience with Slips and Endorsements
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MRC
Broker Technician employer: Next Employment
Contact Detail:
Next Employment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Technician
✨Tip Number 1
Familiarize yourself with the key placement documentation and minimum standards required in the industry. This will help you demonstrate your understanding of the role during interviews and discussions.
✨Tip Number 2
Gain hands-on experience with premium processing functions and MRC. If you can, practice using relevant market systems to show your proficiency and readiness to tackle the tasks outlined in the job description.
✨Tip Number 3
Network with professionals in the insurance and brokerage sectors. Engaging with others who have experience in slips, endorsements, and IBA can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss how you've handled cash and credit control issues in the past. Being able to articulate your problem-solving skills and process improvement ideas will set you apart from other candidates.
We think you need these skills to ace Broker Technician
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Broker Technician. Familiarize yourself with key terms like MRC, premium processing, and IBA to demonstrate your knowledge in your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience related to premium processing, claims handling, or working with slips and endorsements. Use specific examples to showcase your skills.
Tailor Your Application: Customize your application materials to reflect the job description. Use keywords from the job listing to align your experience with the requirements, showing that you are a perfect fit for the role.
Proofread Your Documents: Before submitting your application, carefully proofread your CV and cover letter. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in this role.
How to prepare for a job interview at Next Employment
✨Understand Key Documentation Standards
Make sure you familiarize yourself with the minimum standards for key placement documentation. Be prepared to discuss how you have ensured compliance in your previous roles.
✨Showcase Your Premium Processing Knowledge
Highlight your experience with premium processing and how you've supported processing technicians in resolving queries. Be ready to provide specific examples of challenges you've faced and how you overcame them.
✨Demonstrate Your Training Skills
Since training and supporting 3rd Party Service Providers is part of the role, think of instances where you've successfully trained others. Share your approach to ensuring they understand the processes involved.
✨Discuss Your Experience with Slips and Endorsements
Prepare to talk about your experience dealing with slips and endorsements using MRC. Be specific about the processes you've followed and any improvements you've implemented in your past roles.
