Legacy Operations Technician in London

Legacy Operations Technician in London

London Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
Ardonagh Specialty

At a Glance

  • Tasks: Resolve legacy transactions and ensure smooth premium processing.
  • Company: Join a vibrant team at Ardonagh Specialty, part of The Ardonagh Group.
  • Benefits: Enjoy flexible working, competitive salary, and great perks like discounts and wellbeing programs.
  • Other info: Diverse and inclusive workplace where your unique perspective is valued.
  • Why this job: Be part of an innovative environment with opportunities for personal and professional growth.
  • Qualifications: Experience in premium processing and strong analytical skills are essential.

The predicted salary is between 35000 - 45000 £ per year.

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time – Permanent

At Ardonagh Specialty, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity. Working at Ardonagh Specialty means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer:

  • Inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more.
  • Supportive management team as well as working alongside some of the industry’s top talent.
  • Access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans.
  • Employer pension contribution of 10% (providing you, the Employee provides 5%).
  • Good work life balance - flexibility to suit you.
  • Competitive salary.
  • Life Assurance at X4 of your base salary.
  • Group Income Protection.
  • Generous Annual Leave entitlement.
  • Private Medical Insurance.
  • Group annual bonus scheme.

Purpose of the Role:

The primary purpose of the role is to review and resolve legacy transactions through to completion.

Key Role Accountabilities:

  • Investigation and resolution of legacy unpaid premium and unallocated cash.
  • Monitor end to end process through to resolution.
  • Liaise with counterparts within IBA and attend Credit Control Meetings for given LOB.
  • Review ledgers regularly to ensure that premiums are signed in real time and legacy issues are resolved.
  • Regular review of bureau submissions and query resolution.
  • Joining weekly/monthly call with the legacy processing team.
  • Reconciliation of incoming payments against transactions processed.
  • Premium processing into internal accounting systems.
  • Client and underwriter liaison.
  • Other responsibilities and activities as required.

Qualifications & Experience:

  • Previous Premium Processing experience is required.
  • Understanding of end to end settlement process.
  • 5+ years experience in premium/technical processing roles.
  • Binder experience preferred but not essential.

Person Specification:

  • Able to influence various stakeholders both internally and externally.
  • MS Office skills.
  • Good communication skills – written and verbal.
  • Organised.
  • Determined and resilient.
  • Strong Analytical skills.

Think you don’t meet every requirement? We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process:

At Ardonagh Specialty, we have a straightforward interview process to ensure the best fit for both you and the company:

  • Submit your application with your CV, emphasising your skills and experience related to the job.
  • Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Ardonagh Specialty, and answer any immediate questions.
  • If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions.
  • This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
  • Depending on the role, you may be invited to attend a second stage interview with further members of the team.
  • If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history, and a standard criminal record check.

Note to recruiters and employment agencies: We will not pay for unsolicited CV's from recruiters and employment agencies unless we have a signed agreement and have requested assistance, in writing, for a specific vacancy.

Legacy Operations Technician in London employer: Ardonagh Specialty

At Ardonagh Specialty, we pride ourselves on being an exceptional employer that champions employee growth and inclusivity. Our vibrant London office fosters a dynamic work culture where flexibility is key, allowing you to thrive both personally and professionally. With a wealth of benefits including generous annual leave, a competitive pension scheme, and access to wellbeing programmes, joining our team means becoming part of a supportive community dedicated to celebrating diversity and innovation.

Ardonagh Specialty

Contact Details:

Ardonagh Specialty Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Legacy Operations Technician in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Ardonagh Specialty. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Legacy Operations Technician in London

Premium Processing
End to End Settlement Process
Analytical Skills
Communication Skills
Stakeholder Management
MS Office Skills
Organisational Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ardonagh Specialty.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Ardonagh Specialty's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Ardonagh Specialty

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ardonagh Specialty.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Ardonagh Specialty will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Ardonagh Specialty employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.