At a Glance
- Tasks: Process and manage premium transactions while collaborating with various teams.
- Company: Join a growing Lloyd's Broking firm with a supportive team culture.
- Benefits: Hybrid working, 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 dynamic team making an impact in the insurance industry.
- Qualifications: 1-2 years in Lloyd's Delegated space and experience with DCOM and Atlas.
The predicted salary is between 35000 - 45000 £ 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 in City of London employer: High Finance Limited
As a Delegated Authority Technician at our dynamic Lloyd's Broking firm in London, you will thrive in a supportive and collaborative work culture that values your contributions and fosters professional growth. We offer competitive benefits, including hybrid working options, and the opportunity to develop your skills within a small, dedicated team, ensuring you play a vital role in our success while building strong relationships with clients and market stakeholders.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Authority Technician in City of 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
Get your LinkedIn game on point! Make sure your profile highlights your experience with DCOM and Atlas, as well as your understanding of binder business. Engage with relevant content and connect with industry professionals to increase your visibility.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of Lloyd's and London Market processes. Be ready to discuss how your previous roles have equipped you to handle premium accounting activities and liaise effectively with brokers and insurers.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to show your enthusiasm for joining our team!
We think you need these skills to ace Delegated Authority Technician in City of 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 business. 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 High Finance Limited
✨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 for the role. Being able to discuss your experience confidently will show that you're the right fit.
✨Showcase Your Attention to Detail
Since this role requires strong attention to detail, prepare examples from your past work where you've successfully managed premium accounting activities or validated submissions. Highlighting your organisational skills will demonstrate that you can handle the fast-paced environment effectively.
✨Build Relationships
This position involves liaising with various stakeholders, so think about how you can showcase your relationship-building skills. Prepare anecdotes that illustrate how you've successfully communicated with brokers, coverholders, or insurers in the past. This will help you stand out as a team player.
✨Prepare for Technical Questions
Expect some technical questions related to premium processing and market requirements. Brush up on common queries and scenarios you might face in the role. Practising your responses will help you feel more confident and articulate during the interview.
