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For Companies At a Glance
- Tasks: Join a dynamic team handling premium processing for insurance and reinsurance.
- Company: Work with a top-tier Lloyd’s Broker known for its excellent market reputation.
- Benefits: Enjoy a competitive salary, hybrid work options, and great career progression.
- Why this job: Be part of a supportive culture that values your input and offers visible career growth.
- Qualifications: Experience in technical processes related to insurance or reinsurance is essential.
- Other info: Opportunity to work across multiple territories, including the US and international regions.
The predicted salary is between 35000 - 40000 £ per year.
Job Description
Job Title: Premium TechnicianLocation: City of LondonSalary: £35,000 – £40,000 plus excellent benefitsWorking Pattern: Full Time Hybrid – 2/3 days office a week plus remote workingJob Type: Premium Processing
About the Role
A highly respected Lloyd’s Broker with a superb market reputation have an opening for a Premium Technician to join their Central Technical Team.
The business has a fantastic structure that will offer visible career enhancement and progression. You will be a valued employee where they will encourage input and contribution.
Key Responsibilities
- Experience of the technical process (insurance, reinsurance or binders)
- Handling mainly Non Marine business, (the client is willing to consider any class of business)
- Handling multiple territories across US & International regions
- Complete premium processing requests on Sequel Eclipse Broking accurately and within the Service Level Agreements (SLA’s) agreed with the business
- Produce accurate and complete client and market documentation
- Processing and producing premium and risk bordereaux and submitting to the IMR
- Advising on relevant taxes to be used and production of tax schedules
- Providing technical assistance to Brokers and Account Executives
Key Skills & Experience
The business is seeking someone with experience of the technical process (insurance, reinsurance or binders) essential and knowledge of Xchanging.
Knowledge of multiple territories preferred.
They are seeking someone who is a good communicator with wide ranging technical knowledge who can contribute to the team effectively with a good work ethic.
All applicants must have a permanent right to work in the UK
Premium Technician employer: G J Associates Ltd
Contact Detail:
G J Associates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Premium Technician
✨Tip Number 1
Familiarize yourself with Sequel Eclipse Broking, as it's a key tool for the Premium Technician role. Consider taking online courses or tutorials to enhance your skills and demonstrate your commitment to mastering this software.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors, especially those who work with Lloyd’s Brokers. Attend industry events or join relevant online forums to make connections that could lead to valuable insights and referrals.
✨Tip Number 3
Stay updated on the latest trends and regulations in the insurance market, particularly regarding non-marine business. This knowledge will not only help you in interviews but also show your proactive approach to the role.
✨Tip Number 4
Prepare to discuss your experience with premium processing and handling multiple territories. Be ready to provide specific examples of how you've successfully managed similar tasks in previous roles, showcasing your technical expertise.
We think you need these skills to ace Premium Technician
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Premium Technician position. Understand the key responsibilities and required skills, especially regarding technical processes in insurance and reinsurance.
Tailor Your CV: Customize your CV to highlight relevant experience in premium processing, particularly with Sequel Eclipse Broking. Emphasize any experience you have with Non Marine business and handling multiple territories.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention how your skills align with the responsibilities listed, and provide examples of your past achievements in similar roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a Premium Technician.
How to prepare for a job interview at G J Associates Ltd
✨Understand the Technical Process
Make sure you have a solid grasp of the technical processes involved in insurance and reinsurance. Be prepared to discuss your experience with premium processing and how it relates to the role.
✨Familiarize Yourself with Sequel Eclipse Broking
Since the role involves using Sequel Eclipse Broking for premium processing, it’s crucial to familiarize yourself with this software. If possible, practice using it or review its functionalities to demonstrate your readiness.
✨Showcase Your Multinational Experience
Highlight any experience you have handling business across multiple territories, especially in the US and international markets. This will show that you can adapt to diverse regulatory environments and client needs.
✨Prepare Questions About Career Progression
Since the company emphasizes career enhancement and progression, prepare thoughtful questions about growth opportunities within the organization. This shows your interest in long-term commitment and development.
