Insurance Technician
Salary: £40,000 to £55,000 per annum, negotiable
Location: Romford, Essex
Job Type: Permanent
Ref: SJP220403
Lloyd's insurance organisation has an excellent market reputation and is continuing to grow and seeking a London Market Premium Insurance Technician.
Duties:
1. Submit cash and non-cash premium settlements and claims movement via a variety of platforms.
2. Service binding authority and quota share treaty business using policy administration systems to set up and monitor contracts and process premium and claims bordereaux and treaty statements.
3. Receive, validate, and allocate bureau signing messages on policy administration systems.
4. Assist with credit control and reconciliation activity including performing cash allocations, producing, and issuing statements of account, calculating cancellation return premiums, and calculating and settling consortia fees.
5. Produce weekly cash balance reports and other management information including variance and aged debt reporting.
6. Support the team’s data quality responsibilities through the monitoring, assessment, resolution, and reporting of data, system, and process issues.
7. Assist with the co-ordination and submission of regulatory returns such as Quarterly Solvency Reporting and Gross Quarterly Data.
8. Assist in the development of new services and the continuous improvement of existing processes performed by the function.
9. Handle queries from other business functions, brokers, carriers, and DXC.
Excellent benefits package
Hybrid working: 2 days office, 3 days remote.
Please submit your CV if you feel you have the relevant experience and skills. Alternatively, please contact Su Partridge FIRP for further information.
The Recruiter Insurance Specialists are acting as a Recruitment Agency.
#J-18808-Ljbffr