At a Glance
- Tasks: Process and manage premium transactions while collaborating with various teams.
- Company: Join a dynamic Lloyd's Broking firm with a growing team.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Fast-paced environment with strong career development potential.
- Why this job: Be part of a crucial role in the insurance industry and build valuable relationships.
- 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 in City of London employer: High Finance (UK) Limited
Join a dynamic Lloyd's Broking firm in London, where you will be part of a close-knit team dedicated to excellence in the Delegated Authority space. With a strong emphasis on employee growth and development, we offer a supportive work culture that values collaboration and innovation, alongside competitive benefits and the opportunity to engage with key market stakeholders. This hybrid role not only allows for flexibility but also positions you at the heart of the London insurance market, making it an ideal environment for professionals looking to advance their careers.
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 premium accounting activities and Lloyd's processes. Be ready to discuss how you've managed multiple priorities in fast-paced environments, as this will show you're the right fit for the team.
✨Tip Number 4
Don't forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can give you an edge. Plus, it shows you're genuinely interested in joining our growing 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 Atlas and DCOM. 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 previous experiences have prepared you for it. We love seeing enthusiasm and a personal touch, so let your personality come through!
Showcase Relevant Experience:When filling out your application, be sure to showcase your experience with premium processing and managing binder-related activities. We’re keen on candidates who can demonstrate their understanding of the London Market processes, so don’t hold back!
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 makes the whole process smoother for everyone involved!
How to prepare for a job interview at High Finance (UK) 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 like brokers and MGAs. Think of instances where you've built strong working relationships in previous roles. Be ready to discuss how you approach communication and collaboration, as this will be key to your success in the team.
✨Prepare for Technical Questions
Expect questions about specific processes within the Lloyd's and London Market. Brush up on common queries related to premium settlements and month-end reporting activities. Showing that you can think critically about these topics will set you apart from other candidates.
