Insurance Technician

Job Title: Insurance Technician

Location:

London (Hybrid - 3-4 days a week)

Salary: £30,000

Key Responsibilities - as follows but not limited to:

• Support the broking team by providing global broker assistance and preparing renewal statistics and documentation for market placement.


• Offer reliable technical support by creating and preparing global market and client documents, particularly focusing on slip production, wording, and clauses knowledge.


• Assist in drafting client evidence of coverage, such as Debit/Credit Notes and related documents, in a timely and accurate manner.


• Generate monthly bordereau and statistics, including loss ratios, earned to incurred, triangulations, and profit commissions.


• Maintain and update internal systems, databases, and workplace to adhere to Contract Certainty and regulatory guidelines.


• Utilise Broking Systems to accurately produce documents and accounting entries.


• Submit Slips and LPAN's to the Bureau (XIS) for signing, and utilize London Market portals like Whitespace, XIS Insurance Portal, IMR, and Lineage to support their role.


• Aid in client communication to promptly address global queries, data requests, and resolve issues to ensure client satisfaction.


• Manage premium payment and pursue the receipts of funds from client to ensure settlement terms/PPWs are met or escalates problems to divisional management.


• Assist with reconciliation of unallocated cash as soon as practicable or escalates the problem to divisional management/accounts as appropriate.


• Maintains thorough and timely records of communication with insurers and with clients in accordance with internal procedures and informs clients and/or colleagues of any developments.


• General Office and Admin duties as requested by the Team

About You:

• Minimum of 6 months experience in the insurance sector in similar technician role


• Ability to prioritise work to demanding deadlines; adaptable to changing priorities.


• Languages:

- English - Native or Full Professional Working Proficiency

- Spanish - Desirable but not essential

Benefits:

• You'll be offered a competitive salary, depending on experience, plus a benefits package.


• You will receive support from directors and managers, and you'll enjoy working as part of the broking team of this Group in a growing and friendly team.

About the company

• A brand encompassing several firms engaged in the design and distribution of specialised insurance and reinsurance products on a wholesale basis.


• With offices in Madrid, Lisbon, London and Mexico City, the client could act as a Broker or a Cover holder/MGA supported by top worldwide insurance and reinsurance markets, searching for the best bespoke solutions to our customers (insurance and reinsurance Brokers mainly located in Europe and LatAm territories).

Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.

By applying for this role your details will be submitted to Adecco. Our Candidate Privacy Information Statement explaining how we will use your information is available on our website.