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Insurance Broker Support Technician -Lloyd's/London Market

  • Location:

    City of London

  • Sector:

    Insurance

  • Job type:

    Permanent

  • Salary:

    Up to £35000 per annum

  • Contact:

    Lisa

  • Contact email:

    fenchurchst.web@brookstreet.co.uk

  • Job ref:

    FEN/448872_1656333920

  • Published:

    almost 2 years ago

  • Expiry date:

    8/08/2022

  • Startdate:

    25/07/22

Job Description

Our client is a Lloyd's and London Market Insurance brokers and they are urgently recruiting for an experienced Broker Support Technician/ Broker back-up to join their busy Property team.


You will have experience of providing support to a team of Brokers. The role is working across all territories and ideally you will have experience in Open Market Property Insurance broker support



Your main duties will include:

  • Work closely with the brokers to ensure clients and the book are serviced to a high level
  • Support the Brokers and Producers through the provision of MRC's ( Market Reform Contracts) and information packs.
  • Deal with Contract Certainty requirements with specific reference to the appropriate issuance of Evidence of Cover
  • Assisting their processing teams with any queries received via Xchanging



Key skills and competencies

  • Experience in servicing open market and facilities contracts
  • Understanding of the regulatory environment relative to the Insurance Industry in London and other region
  • Confident and proactive in communication with Clients, Underwriters and senior colleagues
  • Ability to produce Market Reform Contracts and Endorsements and maintain awareness of changing requirements
  • Ability to communicate with Clients and colleagues in a professional and respectful manner
  • Ability to work under pressure and to meet deadlines
  • Ensure settlement terms/PPWs are met, prevent potential funding or escalates problems to divisional management
  • Daily monitoring with IBA team to monitor bad debt, cash and funding and escalate the problem to divisional management/IBA as appropriate
  • Computer literate, including good knowledge of Microsoft Word, Excel and PowerPoint packages
  • Experience in the use of London Market processes and systems (e.g DCOM, ATLAS, Crystal, PPL, Whitespace)



So if you have the experience of supporting a team of London/Lloyd's market Insurance brokers (Ideally within a Property team) then please apply today to discuss this great opportunity in detail



Salary £35000 - Hybrid working and a great benefits package




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