Marine Technician

3 weeks ago


London, United Kingdom MW Appointments Full time

Job: Marine Technician

**Salary**: £40,000 - £45,000

Location: Hybrid London/ Home working

A Lloyd's Broker is looking for a Marine Technician to be responsible for producing and processing post placement documentation, processing premium, credit control and file and record management.

MAIN DUTIES:

- Timely and accurate production of debit/ credit notes, security schedules, evidence of cover and Endorsements
- Produce evidence of insurance/certificates/Letters of Undertaking for third parties on clients' instructions, as necessary
- Reviews documents at key stages to ensure accuracy and completeness for subsequent processing.
- Process original, additional/ return premiums and any other associated transactions, as necessary
- Generates the correct market closing documentation and submits premium to the company market and bureau via delinking/ A&S.
- Manage premium payment and pursue the receipts of funds from client to ensure settlement terms
- Assist with reconciliation of unallocated cash as soon as practicable or escalates the problem to divisional management/ accounts as appropriate.
- Ensure that correspondence, documentation, statistics etc. are retained in accordance with the Best Practice Manual and divisional procedures to demonstrate a complete audit trail.
- High technical standards are maintained to achieve quality, mínimal rework and mínimal E&O exposure.
- Maintain confidentiality in systems and procedures.
- Review files to ensure that correspondence, documents, statistics etc. are retained in accordance with Best Practice Manual/divisional procedures providing a complete audit trail.
- Supports the introduction of new processes in response to regulation changes.
- Assist management to ensure all company compliance directives are met.

KEY SKILLS/ REQUIREMENTS:

- Previous experience within a similar Technical role
- Marine experience with a broker, underwriter or bureau.
- Preferred experience in a role that requires accuracy and attention to detail.
- Detailed understanding of all back office functions (Premium collection, DXC, IBA, Debit Notes) and how it is aligned to the Front end process.
- Market and industry structure and operation, including regulation awareness
- Technical insurance to Cert CII, or equivalent experience
- Client servicing
- Excellent verbal and written communication
- IT literacy in Word, Outlook and Excel
- Ability to build relationships with other departments and functions

REF: 9058

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


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