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.
The predicted salary is between 65000 - 65000 £ per year.
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
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like ENS Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like ENS Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Broker Back-up Technician in Southend-on-Sea
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at ENS Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at ENS Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at ENS Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at ENS Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at ENS Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding ENS Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
