At a Glance
- Tasks: Lead premium processing and mentor junior technicians in a dynamic insurance environment.
- Company: Respected independent Lloyd's insurance broker with a collaborative culture.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Join a supportive team focused on operational efficiency and excellence.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: 5+ years in Lloyd's Market premium processing with strong technical knowledge.
The predicted salary is between 50000 - 60000 £ per year.
Senior Premium Processing Technician
Location
London (Hybrid - ideally 4 days in the office, minimum 3)
Salary
- £50,000-£60,000 + Benefits Permanent | Full Time
- About the Opportunity
Our client is a well-established and highly respected independent Lloyd's insurance broker with a long-standing reputation in the London Market.
Known for its collaborative culture, technical expertise and commitment to delivering an exceptional service to clients worldwide, the business offers a supportive environment where experienced professionals can make a genuine impact.
Further details will be shared with shortlisted applicants.
The Role
An exciting opportunity has arisen for an experienced Senior Premium Processing Technician to join a growing operations team.
This role will act as the senior technical point of contact for premium processing, providing guidance to a team of junior technicians while ensuring the smooth and accurate processing of Lloyd's market business.
The successful candidate will play a key role in maintaining high technical standards, resolving processing queries and supporting the continued development of the premium processing function.
Key Responsibilities
- Process premium transactions accurately across Lloyd's and Company Market business.
- Prepare and submit LPANs, APSs, RPs and other London Market documentation.
- Handle Xchanging (XIS/Velonetic) submissions, including bordereaux processing.
- Process binder and delegated authority submissions.
- Resolve technical processing queries from brokers, insurers and internal stakeholders.
- Ensure all processing is completed in line with Lloyd's market procedures and internal controls.
- Act as a technical mentor and escalation point for junior members of the premium processing team.
- Identify opportunities to improve processes and support operational efficiency.
About You
- Around 5+ years' experience in a Lloyd's Market premium processing role.
- Strong working knowledge of Xchanging/XIS processes.
- Hands-on experience with LPANs, APSs, RPs, binder submissions and bordereaux.
- Excellent understanding of London Market premium processing procedures.
- Strong attention to detail with the ability to manage multiple priorities.
- Confident communicator who enjoys supporting and developing less experienced colleagues.
- Proactive, organised and able to work independently within a collaborative team.
- #J-18808-Ljbffr
Senior Premium Processing Technician employer: HFG
HFG is an exceptional employer that values its employees by offering a dynamic work culture and flexible hybrid working patterns, allowing for a healthy work-life balance. With a strong focus on professional development, employees are encouraged to grow their skills and advance their careers within the global insurance sector, making it a rewarding place to work for those seeking meaningful contributions in internal auditing.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Premium Processing Technician
✨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 HFG). 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 HFG. 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 Senior Premium Processing Technician
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 HFG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG. 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 HFG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG 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 HFG, 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 HFG'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.
