Insurance Risk Specialist

3 weeks ago


London, Greater London, United Kingdom Lockton Companies Full time
Job Overview

We are seeking an experienced Insurance Risk Specialist to join our team in the city. As a key member of our team, you will be responsible for managing insurance risk and processing premiums.

About the Role

This is a full-time permanent position with a hybrid work arrangement. The successful candidate will have experience with premium processing and invoicing, as well as a strong understanding of MRC risk and endorsement documentation.

Responsibilities
  • Data entry of open market non-marine risks into Brokasure Enterprise processing system
  • A&S submission of premium bordereau to DXC Technologies
  • Credit control of premiums to be paid to underwriters and liaison with IBA Accounting team
  • Production of periodic reports and statistical information to placing teams
  • Resolving market and credit control queries
Qualifications
  • Premium processing and invoicing experience required.
  • Full understanding of MRC risk and endorsement documentation
  • A&S submission via the IMR
  • Lloyd's of London applications (Crystal)
  • DXC Insurance Portal for handling queries raised on the IMR
  • Experience with Global placements to include Premium Tax and Territory allocation
Compensation

The estimated salary for this position is $80,000 - $110,000 per annum, depending on experience.



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