Broker Support Technician - Treaty Reinsurance in London

Broker Support Technician - Treaty Reinsurance in London

London Full-Time 31500 - 38500 £ / year (est.) No working from home possible
Jobiqo

At a Glance

  • Tasks: Support a dynamic team in managing Treaty Reinsurance for clients and markets.
  • Company: Join a leading global Lloyd's broker with a strong reputation.
  • Benefits: Gain valuable experience, training, and exposure to the reinsurance industry.
  • Other info: Diverse workplace committed to equality and respect for all.
  • Why this job: Be part of a collaborative environment where your contributions truly matter.
  • Qualifications: No prior experience needed; training provided for enthusiastic learners.

The predicted salary is between 31500 - 38500 £ per year.

This is an excellent opportunity to join a global Lloyd's broker who are leaders in their field. You will provide support to your team to deliver an excellent and comprehensive service in the administration of new business, renewal and mid-term changes of Treaty Reinsurance for specific clients. The successful candidate will also have exposure to clients and markets to help manage all aspects of the placing and running of Treaties across predominately North American Wholesale business.

Key duties:

  • Reviews client documentation to ensure that information presented is sufficiently comprehensive/accurate to support the quoting process.
  • Prepares or checks market presentations.
  • Liaises with clients and ensures client queries are resolved.
  • Responds to market and third party queries as appropriate.
  • Produces high quality and compliant market documentation ensuring appropriate authorisations are secured.
  • Acts as a conduit between the Broking and Technical Processing Teams as required, including provision of accurate handover documentation for processing.
  • Monitors premium payments and meeting premium due dates.
  • Ensures up to date records are maintained at all times on the Company system.
  • Collates and communicates client requirements to ensure appropriate marketing of the risk.
  • Develops good relationships with markets and clients.
  • Follows agreed processes and obtains appropriate approvals to ensure compliance with company policy and regulatory requirements.
  • Maintains appropriate client files, and oversees the prompt and accurate production of documentation to best meet client, company and regulatory requirements.
  • Strives to provide quality and excellence in line with company process.
  • Builds and maintains strong relationships with internal stakeholders and external contacts to ensure service delivery meets expectations and is compliant.
  • Provides support and assistance to senior colleagues and/or their clients on request.
  • Deals with, or refers, client enquiries, renewals and mid-term adjustments.
  • Develops strong relationships with immediate Team and the wider Business Unit.
  • Assists with the development and maintenance of appropriate underwriter relationships.

Key requirements:

  • Experienced in Reinsurance, preferably in Treaty Reinsurance – full training to be provided.
  • Experience of working with Treaty Brokers and supporting the placement process, including knowledge of Market Reform Contract production.
  • Competent IT skills, including but not limited to Microsoft Word, Excel and Outlook.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.

Broker Support Technician - Treaty Reinsurance in London employer: Jobiqo

Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.

Jobiqo

Contact Details:

Jobiqo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Broker Support Technician - Treaty Reinsurance in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Jobiqo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Broker Support Technician - Treaty Reinsurance in London

Reinsurance Knowledge
Treaty Reinsurance
Client Documentation Review
Market Presentation Preparation
Client Liaison
Query Resolution
Market Documentation Production

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Jobiqo.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Jobiqo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Jobiqo

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jobiqo.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Jobiqo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Jobiqo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.