Insurance Technician

Insurance Technician

Full-Time 31500 - 38500 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage premium accounting and support various insurance types in a dynamic role.
  • Company: Independent Lloyd's Broker with a focus on technical expertise.
  • Benefits: Full mentoring, exposure to diverse classes of business, and career development.
  • Other info: Engaging environment with opportunities to build relationships and grow professionally.
  • Why this job: Join a vibrant team and enhance your skills in the London insurance market.
  • Qualifications: 2+ years in technical processing, DCOM experience, and strong communication skills.

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

An independent Lloyd's Broker, are now actively seeking a Technician who is looking to further develop their technical expertise within the London insurance market.

This is a varied and engaging role, offering exposure to a broad range of classes of business and insurance types, ensuring no two days are the same.

A background in binders is essential, and previous DCOM experience is required.

Full mentoring and support will be provided for any areas that fall outside of the successful candidate’s current experience.

This role ensures timely and precise handling of premium accounting activities across multiple classes of business and territories, supporting both internal stakeholders and external partners including underwriters, insurers, and clients.

Key Responsibilities Register and maintain binder information on DCOM.

Manage annual compliance activity via Atlas.

Submit FDOs to Xchanging accurately and within required timeframes.

Allocate incoming premium efficiently and accurately.

Ensure premiums are paid to markets in a timely manner.

Process premium bordereaux and associated documentation.

Submit premium bordereaux to Xchanging as required.

Respond to and resolve Xchanging queries in a professional and timely manner.

Build and maintain strong working relationships with clients and market contacts.

Support premium processing across other insurance types, including Open Market, Lineslips, Treaty and Excess of Loss business.

About You 2 + years of experience within a technical processing role in the Lloyd's and London Market Experience in using DCOM, Atlas and Xchanging Ability to meet tight and accurate deadlines Excellent communication and attention to detail skills Can work independently or as part of a team

Insurance Technician employer: Nashrock Insurance Recruitment

Join a dynamic and respected specialist underwriting organisation in London, where you will have the opportunity to take ownership of a diverse portfolio of international specialty risks. With a strong emphasis on employee growth, this company fosters a collaborative work culture that encourages innovation and relationship-building with brokers, ensuring you can thrive in your role while enjoying competitive salary packages and benefits.

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Contact Details:

Nashrock Insurance Recruitment Recruitment Team

We think you need these skills to ace Insurance Technician

Technical Processing
DCOM
Atlas
Xchanging
Premium Accounting
Attention to Detail
Communication Skills