Open Market Account Handler / Technician
other jobs Nashrock Recruitment
Added before 2 Days
- England,London,City of London
- Full Time, Permanent
- £40,000 per annum
Job Description:
The Company & Role Overview
A well-established, highly regarded boutique Lloyd’s Broker experiencing consistent growth is seeking to expand its Account Handling / Technical division to support Non-Marine Open Market placements.
This exciting role offer excellent progression opportunities and involves providing an effective technical and administrative support to Brokers within the division, ensuring accurate and timely servicing of clients and placement of risks into the Open Market.
Risks - Property, Casualty, D&O and Cyber
Territories - North America and International
Business - Wholesale and Facultative Reinsurance for Open Market placements
Key Responsibilities
*Support Brokers and assist with ensuring smooth placement activities
*Prepare and quality MRC Slips and Endorsements
*Calculate premiums and process entries on the broking system.
*Produce cover notes, debit/credit notes and premium adjustments.
*Submit premiums to Velonetic/Xchanging and manage related queries.
*Maintain accurate records, diary management and statistical data.
*Handle technical queries, premium processing and claims support.
*Manage bureau and non-bureau market closings, minimising late signings.
*Respond promptly to client, insurer and third-party enquiries.
*Ensure documentation is issued within 30 days of attachment.
*Remain up to date with FCA requirements and market wordings.
About You
*2-3 years + of London Market experience in a technical role
*Understanding of MRC Slips and Endorsements (either creating or checking slips - you could be a Processing Technician looking for the next step in your career)
*Strong attention to detail and solid communication skills
*Ability to work independently or as part of a team
A well-established, highly regarded boutique Lloyd’s Broker experiencing consistent growth is seeking to expand its Account Handling / Technical division to support Non-Marine Open Market placements.
This exciting role offer excellent progression opportunities and involves providing an effective technical and administrative support to Brokers within the division, ensuring accurate and timely servicing of clients and placement of risks into the Open Market.
Risks - Property, Casualty, D&O and Cyber
Territories - North America and International
Business - Wholesale and Facultative Reinsurance for Open Market placements
Key Responsibilities
*Support Brokers and assist with ensuring smooth placement activities
*Prepare and quality MRC Slips and Endorsements
*Calculate premiums and process entries on the broking system.
*Produce cover notes, debit/credit notes and premium adjustments.
*Submit premiums to Velonetic/Xchanging and manage related queries.
*Maintain accurate records, diary management and statistical data.
*Handle technical queries, premium processing and claims support.
*Manage bureau and non-bureau market closings, minimising late signings.
*Respond promptly to client, insurer and third-party enquiries.
*Ensure documentation is issued within 30 days of attachment.
*Remain up to date with FCA requirements and market wordings.
About You
*2-3 years + of London Market experience in a technical role
*Understanding of MRC Slips and Endorsements (either creating or checking slips - you could be a Processing Technician looking for the next step in your career)
*Strong attention to detail and solid communication skills
*Ability to work independently or as part of a team
Job number 3421353
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Company Details:
Nashrock Recruitment
Nashrock Recruitment is an independently owned, specialist Recruitment Agency, working with companies in the City of London, Greater London as well as...