Reports to: Central Operations Team Leader
Location: London (Hybrid)
Summary of Position:
To deal with all aspects of Premium processing as directed by your Head of Department. Adhere to the departmental procedures & service level agreements for the period of 12 months FTC.
Key Responsibilities & Accountabilities:
- Completing risk profile within Management systems
- Producing, signed lines, confirmation of placement and Invoicing FATCA forms
- Create and maintain files
- Process and monitor incoming post/emails
- Produce and forward documentation to Lloyd’s/Lirma market via A&S
- Sending closing to Company Markets
- Assess and process premium movements
- Diary for quarterly and yearly adjustments if required
- Complete premium payment warranty calendar entries
- Obtain agreement to premium bordereaux, where required
- Deal with market and/or client queries and liaise with the accounts department to ensure prompt payment of balances
- Liaise with other departments when problems arise
- Carry out various departmental ad hoc tasks and reports
- Maintain statistical data
- Adhere to company and regulatory policies & procedures together with mandatory training requirements.
- Adhere to financial reporting requirements including monthly phasing of income.
- 5 GCSE’ grade C or above (or equivalent)
- An understanding of principles of Insurance/Reinsurance
- Knowledge of Eclipse/Sequel would be beneficial, but not essential
- At least 2+ years experience in similar role
- Communicates clearly and effectively both verbally and in writing
- Wide ranging technical knowledge
- Understanding of the FCA and their requirements
- Strong working knowledge of MS Word and Excel
- Ability to produce accurate and complete documentation consistently
- Ability to effectively contribute to the team and interact with others
- Personally demonstrate the five BMS values and ensure that team members are aligned with these:Accountable
- Empowering
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Premium Technician (FTC) employer: BMS Group
BMS Group is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary, comprehensive benefits including private medical cover, and a commitment to diversity and inclusion. With a collaborative work culture and flexible hybrid working options, employees are empowered to thrive in their roles while contributing to meaningful projects that protect vital information security. The company’s dedication to continuous improvement and community engagement through initiatives like the 'BMS Together' programme further enhances the rewarding experience of being part of this dynamic global team.
