Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Sanctions Team to ensure compliance with regulations while learning about the insurance industry.
- Company: Velonetic is a leading player in the London insurance market, innovating digital platforms for efficiency.
- Benefits: Enjoy remote work flexibility, comprehensive training, and career development opportunities.
- Why this job: Kickstart your insurance career in a supportive, inclusive environment focused on growth and innovation.
- Qualifications: No prior experience needed; just bring a positive attitude and willingness to learn!
- Other info: Work with a diverse team and contribute to meaningful change in the insurance sector.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Job Title: Sanctions Technician
Location: Remote Working
Department: Sanctions Team
Type: Permanent, Full – time (37.5 hrs per week)
Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd’s of London. Previously referred to as the London Market Joint Ventures, we have been operating for over 20 years in the London market (Lloyd\\\’s and Company), in both insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed, releasing time to drive innovation and focus on higher value activities. Our core business services involve performing checks on insurance documents, processing premium transactions and processing claims transactions.
Individual will reside in the UK and have Right to Work in the UK.
Job Overview
We have a fantastic new job opportunity for an individual who wants to grow their insurance understanding. If you are starting out on your insurance career, then this could also be just the role for you.
Responsibilities
- Carry out Sanctions screening work. Working closely with the team, the business and compliance. Representing DXC (Velonetic) when working with various customers i.e., Brokers, underwriters, managing agents, legal representatives.
- Clearing potential sanctions concerns
- Support sanctions regulatory change
- Flag incidents
- Looking out for and helping to monitor trends
- Support quality improvement initiatives
- Support in identifying quality concerns, and escalate for investigation when needed
- Proactively support continuous improvement initiatives and ensure non-compliance and or persistent issues are escalated where appropriate to the Sanctions Manager
- Ensure high standards are met
Qualifications
- A high degree of independent judgement for decision making and problem solving
- A positive attitude with ability to listen to and resolve customer issues and preserving positive relationships (by being effective, efficient, tactful, and courteous)
- Excellent communication skills with the ability to relay information clearly and concisely in both written and verbal communications
- Highly organised and disciplined to balance a number of priorities at any one time
- Able to build productive networks and relationships with a variety of internal and external customers and colleagues
- Willingness to learn about London Insurance Market practices and procedures
- Adapts positively to support change initiatives, promoting professional image of self, the team and DXC (Velonetic)
- Good analytical and problem-solving skills
- Ability to work independently and as part of a team
- Competent in the use of Microsoft Office applications (Word, Excel, and Outlook)
Investment In Training and Development
We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications. We’re developing an environment where people can grow and harness their careers and skills to be the best that they can be to focus on the long term. Our Culture Here at Velonetic we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace no matter of who they are or what they do. We are proud of the culture we are creating to ensure that our commitment is ongoing and have a diverse mix of employees working within an inclusive environment and culture to create a high performing workforce led by talented leaders. We aspire to be recognised for our innovative and modern thinking approach.
At DXC Technology, we believe strong connections and community are key to our success. Our work model prioritizes in-person collaboration while offering flexibility to support wellbeing, productivity, individual work styles, and life circumstances. We’re committed to fostering an inclusive environment where everyone can thrive.
Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.
#J-18808-Ljbffr
Sanctions Technician employer: DXC Technology Inc.
Contact Detail:
DXC Technology Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sanctions Technician
✨Tip Number 1
Familiarise yourself with the key sanctions regulations in the US, EU, and UK. Understanding these regulations will not only help you in your role but also demonstrate your commitment to compliance during interviews.
✨Tip Number 2
Network with professionals in the insurance and sanctions fields. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at Velonetic.
✨Tip Number 3
Showcase your analytical skills by preparing examples of how you've solved problems or improved processes in previous roles. This will highlight your ability to contribute to quality improvement initiatives at Velonetic.
✨Tip Number 4
Demonstrate your willingness to learn about the London Insurance Market. Research current trends and challenges in the industry, as this knowledge will set you apart and show your enthusiasm for the role.
We think you need these skills to ace Sanctions Technician
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Sanctions Technician. Familiarise yourself with sanctions regulations and the insurance industry to demonstrate your knowledge in your application.
Tailor Your CV: Customise your CV to highlight relevant skills and experiences that align with the job description. Emphasise your analytical skills, communication abilities, and any experience in compliance or regulatory roles.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention specific reasons why you want to work at Velonetic and how your background makes you a suitable candidate.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your writing is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at DXC Technology Inc.
✨Understand Sanctions Regulations
Familiarise yourself with US, EU, and UK sanctions regulations. Being able to discuss these during your interview will show that you are proactive and serious about the role.
✨Demonstrate Communication Skills
Prepare to showcase your excellent communication skills. Think of examples where you've effectively relayed information or resolved issues, as this is crucial for the Sanctions Technician role.
✨Show Your Organisational Skills
Be ready to discuss how you manage multiple priorities. The ability to balance tasks is key in this position, so share specific strategies or tools you use to stay organised.
✨Express Willingness to Learn
Convey your eagerness to learn about the London Insurance Market practices. This shows that you are not only interested in the job but also committed to your professional development.
