£30K/yr to £40K/yr
City of London, England
Permanent, Variable

Broking Operations DA

Posted by MW Appointments.

Our client who is a Lloyds Broker is looking for a Broking Operations Technician to join their expanding team. The purpose of the role is to provide a quality service to Broking Units, Clients and Insurers covering all aspects of Delegated Authority insurance arrangements

Main Duties:

  • Assist Broking Units with on boarding of new Coverholder applications from a compliance perspective, including using Atlas where necessary.
  • Assistance with Policies and Procedures development for Third Party Coverholders
  • Assistance with Market training, as required, for Third party Coverholders.
  • Continuous Compliance Updates and oversight
  • Managing annual Coverholder audit of First Party Binding Authorities
  • Bespoke Bordereaux Analysis as required using Excel and Power BI
  • Work with IT to coordinate bordereaux format changes/ enhancements from Impact to ensure we are compliant with continually changing premium reporting regulations.

Essential Skills Required:

  • Previous experience in a technical role
  • Knowledge and understanding of London Market procedures
  • Knowledge of First and Third Party Binding Authority procedures
  • Excellent Knowledge of Excel, Power BI and Outlook

Desirable:

  • Good organisation skills
  • Knowledge of Lloyds specific systems such as DAM, Atlas, DCOM and DDM

What you need to know:

  • Permanent role
  • Based in London - hybrid 2 days a week in office
  • Salary between £30,000 - £40,000
  • A great opportunity to join a growing organisation with lots of training and development opportunities.
  • A very inclusive and fair opportunities employer

REF: 9207

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

MW Appointments is acting as an Employment Agency in relation to this vacancy.

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