DA Technician

DA Technician

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support underwriting agreements with technical guidance and administrative tasks.
  • Company: Kentro Capital is a dynamic firm focused on effective underwriting management.
  • Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
  • Why this job: Join a team that values innovation and offers hands-on experience in the insurance sector.
  • Qualifications: 1+ years as a DA Technician, strong communication skills, and IT literacy required.
  • Other info: Ideal for detail-oriented individuals who thrive under pressure.

The predicted salary is between 36000 - 60000 £ per year.

Kentro Capital is seeking to hire a proactive and driven DA Technician to pro-actively support the business in the effective management of the underwriting agreements held, providing technical guidance and recommending controls to help ensure market standards are upheld, binder requirements are met and internal best practices are followed.

DA Technician will be responsible for:

  • Providing high quality and effective, technical and administrative support to the business in relation to the management of both new and existing underwriting agreements.
  • Drafting and reviewing underwriting agreements in accordance with internal standards and contractual and regulatory requirements, recommending amendments as needed.
  • Ensuring any changes to underwriting agreements, for example via endorsement, are documented and processed accordingly.
  • Assisting with the approval and registration process of underwriting agreements using various Lloyd’s and London Market tools, such as ATLAS, DCOM, QA Tool, Crystal, Xchanging/DXC and DDM.
  • Assisting with Coverholder approvals and ongoing Lloyd’s compliance/due diligence requirements, ensuring accurate records are maintained within ATLAS.
  • Carrying out system testing (UAT) to ensure new underwriting agreements, products and other system functionality have been programmed correctly, the outputs are accurate, meet internal standards and are in line with contractual and regulatory requirements.
  • Being responsible for the creation and upkeep of underwriting agreement manuals and other centrally held files, to help ensure internal records are correct and up to date.
  • Being responsible for the accurate and timely upkeep of the master underwriting agreement list/central database.
  • Assisting in the risk/written bordereaux preparation process for review by Directors/Department Heads and distribution to our capacity providers/carrier partners.
  • Assisting with the coordination and organisation of capacity provider/carrier partner audits, responding to audit recommendations promptly.
  • Being responsible for the updating of internal trackers and other reporting mechanisms.
  • Producing reports/MI to assist key stakeholders in the management and oversight of underwriting agreements.
  • Responding quickly to ad-hoc requests from external and internal contacts alike.
  • Dealing with multiple complex requests with similar priority and being able to take a pragmatic approach to the prioritisation.
  • Building and developing trusted relationships with Underwriters and Directors/Department Heads, acting under a Business Partner structure and working collaboratively across teams.

Requirements:

  • 1+ years experience within a DA Technician position.
  • Highly organised and self-motivated.
  • Ability to work under pressure as part of a small team.
  • Excellent communication skills.
  • Attention to detail and deadlines.
  • IT literacy including advanced skills in Word, Excel, PowerPoint, Outlook and other Microsoft Office applications.
  • Excellent problem-solving skills.
  • Experience of Lloyd’s and London Market tools.
  • Previous experience within either an independent or Broker-owned MGA preferred.
  • Knowledge of RiskWrite advantageous but not essential.

DA Technician employer: Kentro Capital

Kentro Capital is an exceptional employer that fosters a collaborative and dynamic work environment, ideal for a DA Technician looking to make a meaningful impact in the underwriting process. With a strong emphasis on employee growth, we offer comprehensive training and development opportunities, alongside competitive benefits that support work-life balance. Located in the heart of the London Market, our team thrives on innovation and excellence, ensuring that every member feels valued and empowered to contribute to our success.
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Contact Detail:

Kentro Capital Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land DA Technician

✨Tip Number 1

Familiarise yourself with the specific tools mentioned in the job description, such as ATLAS and DCOM. Having hands-on experience or knowledge of these systems will give you a significant edge during the interview process.

✨Tip Number 2

Network with professionals in the Lloyd's and London Market sectors. Attend industry events or join relevant online forums to connect with current DA Technicians or Underwriters who can provide insights and potentially refer you to opportunities.

✨Tip Number 3

Prepare to discuss your problem-solving skills in detail. Think of specific examples where you've successfully navigated complex requests or challenges in previous roles, as this will demonstrate your ability to handle the demands of the position.

✨Tip Number 4

Showcase your organisational skills by discussing how you manage multiple tasks and deadlines. Be ready to explain your methods for prioritising work and ensuring accuracy in documentation, as these are crucial for the DA Technician role.

We think you need these skills to ace DA Technician

Technical Guidance
Underwriting Agreement Management
Contract Drafting and Review
Regulatory Compliance
Attention to Detail
System Testing (UAT)
Data Management
Report Generation
Communication Skills
Organisational Skills
Problem-Solving Skills
IT Literacy (Microsoft Office Suite)
Knowledge of Lloyd’s and London Market Tools
Relationship Building
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience as a DA Technician. Focus on your organisational skills, attention to detail, and any specific tools you've used, such as Lloyd’s and London Market tools.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your previous experience aligns with the responsibilities listed in the job description. Mention specific examples of how you've successfully managed underwriting agreements or similar tasks.

Highlight Technical Skills: Emphasise your IT literacy, particularly your advanced skills in Microsoft Office applications. If you have experience with system testing or using specific tools mentioned in the job description, be sure to include that.

Showcase Communication Skills: Since excellent communication is key for this role, provide examples in your application of how you've effectively communicated with team members or stakeholders in past positions. This could be through managing requests or collaborating on projects.

How to prepare for a job interview at Kentro Capital

✨Know Your Underwriting Agreements

Familiarise yourself with different types of underwriting agreements, such as binders and delegated authority contracts. Be prepared to discuss how you have managed these in previous roles and any specific challenges you've faced.

✨Demonstrate Technical Proficiency

Highlight your experience with Lloyd’s and London Market tools like ATLAS and DCOM. Be ready to provide examples of how you've used these systems to support underwriting processes or improve efficiency.

✨Showcase Your Organisational Skills

Since the role requires managing multiple complex requests, share specific instances where your organisational skills helped you prioritise tasks effectively under pressure. This will demonstrate your ability to handle the demands of the position.

✨Build Rapport with Interviewers

As relationship-building is key in this role, practice how you can establish trust and rapport with interviewers. Use examples from your past experiences where you successfully collaborated with teams or stakeholders.

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