At a Glance
- Tasks: Provide technical support for processing US and International Non-Marine risks in the Lloyd's Market.
- Company: Dynamic and independent Lloyd's Broker with a strong reputation.
- Benefits: Supportive environment, career development opportunities, and a collaborative culture.
- Other info: Be part of a team that values expertise and continuous learning.
- Why this job: Join a respected organisation and mentor junior technicians while enhancing your career.
- Qualifications: 10+ years in Technical Processing with experience in Lloyd's systems.
The predicted salary is between 60000 - 75000 £ per year.
Our client is a well-established, dynamic and independent Lloyd's Broker with a strong reputation for delivering specialist insurance solutions across the London Market.
Known for its technical expertise, client-focused approach and collaborative culture, the business has built long-standing relationships with clients and insurers alike.
Offering a supportive working environment and genuine opportunities for career development, it is an excellent choice for insurance professionals looking to progress their careers within a respected and growing organisation.
A new opportunity has arisen for a Senior Technician to provide post-placement technical support for the processing of US and International Non-Marine risks placed into the Lloyd's and London Market via the Open Market, Binders and Lineslips.
In addition to managing a varied technical workload, you will play a key role in mentoring and supporting two Technicians, ensuring the efficient delivery of high-quality service and maintaining technical standards across the team.
- Role Responsibilities
- Premium processing for US and International Non-Marine Open Market, Binding Authority and Lineslips risks
- Bordereaux processing and submissions
- Provide advice, training and guidance to Junior Technician's
- Check and process Market Reform Contracts (MRCs), endorsements, certificates, evidence of cover and other market documentation.
- Ensure accurate entry and maintenance of risk information within broking and processing systems.
- Submit risks via London Market systems including Whitespace/PPL, Xchanging, IMR and other market platforms where applicable.
- Producing and issuing LPAN's, Credit and Debit notes
- Process premium and policy transactions in accordance with company procedures.
- Ensure all documentation is complete, accurate and compliant before market submission.
- Liaise with Brokers, Underwriters, clients and third-party service providers to resolve technical queries efficiently.
- Responding to Velonetic/Xchanging queries providing timely and efficient resolutions
- Act as the team's technical expert for complex risks and processing queries.
- Keep up to date with Lloyd's market changes, regulatory developments and industry best practice.
Experience Required
- 10 years + experience required within a Technical Processing role for a Lloyd's accredited Broker
- Experienced in performing post-placement duties for Open Market and Binding Authority placememts (desirable)
- Experience in Lloyd's processing systems (Xchanging, IMR etc)
- Provide expert techncial advice to junior Techncian's
- Ability to work independently and as part of a team
Senior Processing Technician in London employer: Nashrock Insurance Recruitment
Nashrock Insurance Recruitment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, the company provides ample opportunities for progression within the insurance sector, particularly in the exciting MEA markets. Employees benefit from competitive salaries and the chance to engage with complex, high-profile risks, making it a rewarding place to build a meaningful career.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Processing Technician in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Nashrock Insurance Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Nashrock Insurance Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Processing Technician in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Nashrock Insurance Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Nashrock Insurance Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Nashrock Insurance Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Nashrock Insurance Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Nashrock Insurance Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
