At a Glance
- Tasks: Process insurance premiums and provide technical support in Marine and Aviation.
- Company: Join a leading Global Lloyd's Broker with a strong reputation.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Opportunity to enhance skills in a supportive and innovative setting.
- Why this job: Be part of a vital team ensuring smooth premium processing in a fast-paced industry.
- Qualifications: 2+ years in a Premium Technician role with strong insurance knowledge.
The predicted salary is between 35000 - 45000 € per year.
A well-respected and market-leading Global Lloyd's Broker is now seeking a Technician in both their Marine and Aviation Divisions. Within these exciting opportunities, the Technician will be responsible for performing premium processing duties and will assist in providing full technical support across post-placement activities.
Role Responsibilities
- Process insurance premiums, return premiums, and adjustments in accordance with market practices and internal procedures.
- Data Entry of Marine/Aviation Risks.
- A&S Submission of premium bordereau to DXC Technologies.
- Checking and processing MRC Slips and Endorsements.
- Production of periodic reports and statistical information to placing team.
- Reconcile premium accounts, identifying and resolving discrepancies promptly.
- Liaise with brokers, underwriters, insurers, and clients to resolve queries and outstanding balances.
- Monitor aged debt and credit, supporting collection and settlement activities.
- Ensure compliance with Lloyd’s market requirements and internal controls.
- Maintain accurate records within relevant systems and ensure audit trails are complete.
- Support month-end and year-end close processes, including reporting and analysis.
- Assist with system improvements and process optimisation initiatives.
About You
- A minimum of 2 years of experience in a Premium Technician role within a Lloyd’s Broker or London Market environment.
- Strong understanding of insurance premium processing, including Lloyd’s and company market practices.
- Proficiency in accounting and broking systems (e.g., Xchanging, Bureau, or similar platforms).
- Excellent attention to detail and high level of accuracy.
- Strong analytical and reconciliation skills.
- Ability to manage high volumes of data and meet tight deadlines.
- Effective communication skills, both written and verbal.
Processing Technician - Marine & Aviation in London employer: Nashrock Insurance Recruitment
As a leading Global Lloyd's Broker, we pride ourselves on fostering a dynamic and inclusive work environment that encourages professional growth and development. Our Processing Technicians in the Marine and Aviation Divisions benefit from comprehensive training, competitive remuneration, and a supportive team culture that values collaboration and innovation. Located in the heart of London, our office offers unique networking opportunities within the insurance industry, making it an ideal place for those seeking a rewarding career in a prestigious sector.
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Processing Technician - Marine & Aviation in London
✨Tip Number 1
Network like a pro! Reach out to people in the Marine and Aviation sectors, especially those who work at Lloyd's Brokers. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of premium processing and market practices. We want you to show off your expertise and confidence when discussing your experience!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the role. We love seeing candidates who are proactive!
✨Tip Number 4
Apply through our website for the best chance of landing that Processing Technician role. We’ve got all the resources you need to make your application stand out!
We think you need these skills to ace Processing Technician - Marine & Aviation in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Processing Technician role. Highlight your experience in premium processing and any relevant skills that match the job description. We want to see how your background fits with what we're looking for!
Showcase Your Skills:In your cover letter, don’t just list your skills—show us how you've used them in real situations. Talk about your experience with data entry, reconciliation, and any specific systems like Xchanging or Bureau. We love seeing practical examples!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. Remember, we’re looking for attention to detail, so make sure there are no typos or errors!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy to do!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of insurance premium processing, especially within the Lloyd's market. Familiarise yourself with key terms and practices, as well as the specific systems mentioned in the job description, like Xchanging or Bureau.
✨Showcase Your Experience
Be ready to discuss your previous roles in detail, particularly any experience you have as a Premium Technician. Highlight specific examples where you've successfully processed premiums or resolved discrepancies, as this will demonstrate your capability for the role.
✨Prepare for Technical Questions
Expect questions that test your analytical skills and attention to detail. You might be asked how you would handle a specific scenario involving premium adjustments or reconciling accounts, so think through your problem-solving strategies beforehand.
✨Communicate Clearly
Effective communication is key in this role, so practice articulating your thoughts clearly and concisely. Be prepared to explain complex concepts in simple terms, as you'll need to liaise with various stakeholders, including brokers and clients.
