At a Glance
- Tasks: Process and manage premium transactions while collaborating with various teams.
- Company: Join a growing Lloyd's Broking firm with a dynamic team culture.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Fast-paced environment with strong potential for career advancement.
- Why this job: Be part of a vital role in the insurance industry and enhance your skills.
- Qualifications: 1-2 years in Lloyd's Delegated space with DCOM and Atlas experience.
The predicted salary is between 40000 - 50000 £ per year.
I am currently partnered with a Lloyd's Broking firm who are seeking a Delegated Authority Technician to join their small, growing team. Working closely with Broking, Operations and Delegated Authority teams, you will be responsible for the accurate processing and management of premium and binder-related activities across multiple classes of business.
My client is looking for someone with 1/2+ years in the Lloyd's Delegated space, and Atlas and DCOM experience is a must have for this position.
Key Responsibilities- Processing binder and delegated authority premium transactions
- Reviewing and validating bordereaux submissions
- Managing premium accounting activities in line with market requirements
- Maintaining accurate records within DCOM and Atlas
- Liaising with brokers, coverholders, MGAs and insurers regarding premium and technical queries
- Assisting with month-end and reporting activities
- Monitoring premium settlements and outstanding items
- Supporting the wider operations and technical teams across multiple classes of business
- Building strong working relationships with clients and market stakeholders
- Attending client meetings where required
- Previous experience within a London Market insurance operations, technical or premium processing role
- Strong understanding of binder business and delegated authority arrangements
- Essential experience using DCOM
- Essential experience using Atlas
- Good understanding of Lloyd's and London Market processes
- Strong attention to detail and organisational skills
- Ability to manage multiple priorities in a fast-paced environment
- Excellent communication and relationship-building skills
Delegated Authority Technician - HFG in London employer: HFG
Join a dynamic Lloyd's Broking firm that values collaboration and growth, offering a supportive work culture where your contributions are recognised. With opportunities for professional development and a hybrid working model in the heart of London, you will thrive in an environment that encourages innovation and strong relationships with clients and market stakeholders.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Technician - HFG in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd's market and let them know you're on the hunt for a Delegated Authority Technician role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Brush up on your DCOM and Atlas skills. Since these are must-haves for the role, make sure you can confidently discuss your experience with them in interviews. Maybe even do a little mock interview with a friend to get comfortable!
✨Tip Number 3
Prepare some questions for your potential employer. Show them you're genuinely interested in the role and the company by asking about their team dynamics or how they handle premium accounting activities. It’ll help you stand out from the crowd!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that perfect job, and applying directly can sometimes give you an edge. Plus, we’re here to support you every step of the way!
We think you need these skills to ace Delegated Authority Technician - HFG in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Delegated Authority Technician role. Highlight your experience in the Lloyd's Delegated space and any relevant skills with DCOM and Atlas. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our needs. We love seeing enthusiasm, so let your personality come through while keeping it professional.
Showcase Relevant Experience:When detailing your experience, focus on your previous roles in London Market insurance operations. Be specific about your responsibilities and achievements, especially those related to premium processing and managing binder transactions. We want to know what you've done and how it relates to us!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at HFG
✨Know Your Stuff
Make sure you brush up on your knowledge of the Lloyd's Delegated space, especially around binder business and delegated authority arrangements. Familiarise yourself with DCOM and Atlas, as these are essential tools for the role.
✨Showcase Your Experience
Prepare to discuss your previous roles in London Market insurance operations. Highlight specific examples where you've successfully managed premium transactions or liaised with brokers and coverholders. This will demonstrate your hands-on experience and understanding of the industry.
✨Be Detail-Oriented
Since attention to detail is crucial for this position, be ready to talk about how you ensure accuracy in your work. You might want to share a story about a time when your meticulousness helped avoid a potential issue or improved a process.
✨Build Rapport
Strong communication and relationship-building skills are key. Practice how you can establish rapport with interviewers by being personable and engaging. Think about how you can relate your experiences to their needs and show that you're a team player.
