At a Glance
- Tasks: Ensure accurate data recording and quality control for clients' policy administration.
- Company: Join a diverse and inclusive team at a leading insurance firm.
- Benefits: Enjoy 25 days holiday, private medical care, and a generous pension scheme.
- Other info: Flexible work environment with opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Strong communication skills and a keen eye for detail are essential.
The predicted salary is between 35000 - 45000 £ per year.
The Senior Technician will be responsible for the accurate and timely recording of data for in scope clients in their selected Policy Administration System (PAS). This involves the full lifecycle of the policy including EPI, written, priced loss ratios, Renewals and endorsements. The main focus is to ensure the timeliness, quality and consistency of data throughout the clients. The Senior Technician will also be involved in the onboarding process of new clients where the level of Data Partnering Service ‘DPS’ will be agreed.
Key Responsibilities
- Quality control (second pair of eyes) of Policy Administration on behalf of in scope clients:
- Original Slip entry both new and renewals
- Evidence of IELR and RARC
- Signing queries (where received)
- Additional entries (endorsements into IRIS)
- Review of EPI and written on facilities (existing policies maintenance)
- Review of Bordereaux in line with written where applicable
- Queries to be raised with Client DPS in first three months
- Work with Client Data Partner DPS on sample selection each month
- Month-end Reporting including findings and KPI’s
- Work closely with DPS and Syndicates in respect of data issue management (monitoring, resolution, reporting, escalation)
- Ensure timely and accurate documentation is received for review
- Feedback any PAS issues
- Part of the Data Working Groups
Skills, Knowledge & Expertise
Key Personal Skills:
- Communication: Expresses ideas effectively and listens actively, facilitating productive relations with team and other internal & external stakeholders.
- Ability to produce consistently accurate work to tight deadlines
- Flexibility: readily adapts to changing organisational needs and priorities and has the ability to work simultaneously on a variety of projects.
- Analytical: possesses the ability to understand, visualize, articulate and solve problems involving systems, data, processes and people.
- Initiative: Proactively takes action to influence events. Generates ideas for improvement, takes advantage of opportunities and suggests innovations.
- Willingness to learn about the market and develop technical skills
Key Technical Skills:
- Deep understanding of Lloyd’s and London market processing requirements
- Good understanding of Lloyd’s/London Market and the broader insurance and reinsurance industry
- Ability to understand Lloyd’s and Non-Lloyd’s slips and transpose information to client systems, most commonly IRIS
- Intermediate Excel Essential
- Understanding of Lloyd’s Reporting
Job Benefits
Davies are committed to being a diverse and inclusive workplace. We welcome candidates of all genders, gender identity and expression, neurodiversity, sexual orientation, disability, physical appearance, body size, race, age, nationality, and belief (or lack thereof). Join us and enjoy our ever-evolving benefits, including but not limited to:
- Reward platform – discounts for over 800 retailers
- 25 days holiday (rising with service)
- Well-being centre
- Recognition programme
- Family friendly employer
- Pension - company contribution at 10%
- Life Assurance (10 x basic salary)
- Private medical with an annual health check
- Development, training, and professional qualification
- Employee volunteering programme
Policy Data & Quality Specialist (Lloyd's) employer: Davies
Davies is an exceptional employer that prioritises diversity and inclusion, fostering a supportive work culture where every employee can thrive. With a commitment to professional development, generous benefits such as 25 days of holiday, a robust pension scheme, and opportunities for volunteering, employees are empowered to grow both personally and professionally while contributing to meaningful projects in the Lloyd's and London market.
StudySmarter Expert Advice🤫
We think this is how you could land Policy Data & Quality Specialist (Lloyd's)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Lloyd's and the London market. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of policy administration systems. Show us you know your stuff about EPI, written loss ratios, and how to handle endorsements like a champ!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and show us you're genuinely interested in the role.
✨Tip Number 4
Apply through our website for the best chance at landing the job. We love seeing candidates who take the initiative to engage directly with us!
We think you need these skills to ace Policy Data & Quality Specialist (Lloyd's)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your understanding of Lloyd’s and London market processing requirements, as well as any relevant data management experience.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Senior Technician role. Share specific examples of how you've demonstrated quality control and data management in previous roles.
Show Off Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've solved problems involving systems and data. We want to see your initiative and how you’ve contributed to improvements in past positions.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Davies
✨Know Your Data Inside Out
Make sure you have a solid understanding of the Policy Administration System (PAS) and the data lifecycle. Brush up on key terms like EPI, written loss ratios, and endorsements. Being able to discuss these confidently will show that you're ready to hit the ground running.
✨Showcase Your Analytical Skills
Prepare examples of how you've tackled data issues in the past. Think about times when you had to analyse complex information or resolve discrepancies. This will demonstrate your analytical prowess and problem-solving abilities, which are crucial for this role.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Since communication is key in this role, consider doing mock interviews with friends or family. Focus on expressing your ideas effectively and listening actively to feedback.
✨Be Ready to Adapt
The job requires flexibility and the ability to juggle multiple projects. Prepare to discuss how you've adapted to changing priorities in previous roles. Highlight your willingness to learn and grow within the organisation, as this will resonate well with potential employers.
