Senior Insurance Broker Technician

2 weeks ago


City of London, United Kingdom Next Employment Full time

Broker/ Technician within Terrorism

Principal Tasks
- Preparing market submissions and placing documentation including MRC’s and endorsements.
- Maintaining clear, accurate and comprehensive files reflecting the transactions undertaken on behalf of clients.
- Inviting and monitoring renewal instructions
- Logging of all quotes and enquiries
- Daily monitoring with NST/IBA team to monitor bad debt, cash, and funding.
- Bordereaux monitoring for current binders and lineslips.
- Assisting with "know your client" due diligence procedures.
- Assisting with binding submissions via PPL/Whitespace
- Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
- Monitor timeliness of the placement process to ensure Contract Certainty is achieved and timely invoicing is achieved.
- Assisting with production of taxation schedules for Global Programs.
- Generally providing support to the producers/brokers within the Division
- Carrying out such projects and other duties and tasks as may from time to time be required

You will need experience covering terrorism together with
- Good working knowledge of London market practices.
- Understanding of MRC and endorsements.
- Good knowledge and understanding of Lloyd’s Crystal and Risk Locator tools
- Knowledge and understanding of electronic placing systems (PPL/Whitespace)
- Understanding of Binding Authority procedures and bordereaux management.



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