Overview
Our client, a Lloyd's third‑party managing agent, is seeking experienced Risk Capture Technicians to support their Risk Capture as a Service function. This role involves reviewing insurance slips and supporting documents, extracting key policy information, and accurately recording it within the client's Policy Administration System (PAS).
Key Responsibilities
- Process London Market insurance underwriting data in line with applicable procedure guides
- Analyse technical data and calculate technical transactions, including limits, premiums, and deductions
- Manage internal and external queries to support the accuracy and efficiency of data processing
- Apply taxes and deductions accurately during risk/endorsement processing
- Perform premium calculations, including pro‑rating against policy periods and calculating premiums from schedules
Key Performance Indicators
- Process insurance underwriting data on a timely and accurate basis, adhering to:
- Benchmark standards
- Accuracy targets
- Contractual Service Level Agreements (SLAs) per client/service
Requirements
- Strong understanding of London Market insurance terminology
- Ability to read and interpret slips and endorsements across all lines of business
- Working knowledge of standard market practice for processing risks and endorsements into a PAS system
- Prior experience in a risk capture, technical processing, or policy administration role within the Lloyd's/London Market is essential
- Strong attention to detail and comfort working to contractual SLAs
Benefits
Length: Initial 6‑month contract, with view to being extended
Risk Capture Technician - Insurance in Cheltenham employer: G MASS Consulting
G MASS Consulting is an excellent employer that values autonomy and innovation, providing a dynamic work environment where you can significantly impact non-financial returns processes. With a strong focus on employee growth, we offer opportunities for professional development and a hybrid working model that promotes work-life balance. Join us in our London office to be part of a collaborative culture that prioritises excellence and continuous improvement.
