At a Glance
- Tasks: Support brokers by processing slips, managing records, and liaising with teams.
- Company: Established Lloyd's broker with a strong reputation in the industry.
- Benefits: Competitive salary up to £70,000, annual bonus, and great company perks.
- Other info: Hybrid work options available; excellent career development opportunities.
- Why this job: Join a respected firm and take on a pivotal role in a dynamic environment.
- Qualifications: 2+ years in a broker backup role; strong computer skills required.
We are recruiting for an experienced Broker Backup Technician to work for a long established Lloyd’s broker.
This role is based in Southend. (hybrid work can be discussed).
Experience working for a Lloyd's Broker in a similar role is essential
Job Description Suitable candidates for the position will already have gained at least 2 years’ experience working in a broker backup role in a Lloyd’s broker and will be looking for a new challenge within a respected Lloyd’s broker.
You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.
Reporting directly to the Broker Support manager you will be responsible for the following duties:
- Produce and process open market slips and assist with binding authorities.
- Produce slips/endorsements, cover notes, policy schedules, debit notes and monthly lineslip declarations.
- Reviewing and processing premium and risk bordereaux
- Producing LPANs and submitting work packages
- Maintaining Earned to Incurred spreadsheets
- Manage Atlas and Lineage
- Daily use of A&S systems
- Issuing credit notes/Eo Cs where required
- Assisting with Coverholder applications and audits
- Calculating and monitoring profit commissions
- Liaise with claims team on claims issues & reports
- Keeping track of all binder renewals, reviewing performance and sending renewal notices and chasers
- Premium payment chasing
- Compliance with Procedures and Regulatory requirements
- General administration
- Maintain required records, reports, and files in an organised manner and present these to senior management as and when required.
- Dealing with any Xchanging/Bureau queries
- Dealing with any ad hoc duties
Person Specification This is a pivotal position within the company and therefore demands a responsible attitude.
All round broker support experience is essential as is confidence with computers.
Ideally you will be part ACII qualified.
The ideal candidate will need to have strong computer skills and have experience using Brokasure, A&S, Atlas, Lineage, DCOM, PPL, AIF, ECF, IMR and other Lloyd’s/London Market systems would be desirable.
Good communication and organisational skills are also essential.
Salary up to £70,000 per annum (dependent on skills) plus a nice range of company benefits including annual bonus
Broker Back-up Technician in Southend-on-Sea employer: ENS Recruitment
ENS Care & Support is an exceptional employer dedicated to fostering a supportive and growth-oriented work environment for Learning Disability Support Workers. With flexible shift patterns in Colchester, comprehensive training from day one, and a clear career progression pathway, employees can expect not only to enhance their skills but also to make a meaningful impact on the lives of those they support. The company prioritises employee wellbeing with benefits like 24/7 access to support, a free counselling service, and a recognition programme that celebrates achievements.
StudySmarter Expert Advice🤫
We think this is how you could land Broker Back-up Technician in Southend-on-Sea
✨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 ENS Recruitment. 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 Broker Back-up Technician in Southend-on-Sea
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 ENS Recruitment.
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 ENS Recruitment'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 ENS Recruitment
✨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 ENS Recruitment.
✨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 ENS Recruitment 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 ENS Recruitment 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.
