Marine Technician

Harrison Holgate; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading Broker in the London market seeks a Marine Technician to provide technical expertise in Marine insurance, supporting service teams and managing financial processes. The ideal candidate has proven experience in the Lloyd’s Marine Insurance market, is detail-oriented, and possesses strong communication skills. This role involves collaboration across teams and ensuring compliance with industry regulations.

Qualifications

• Proven experience in the Lloyd’s and London Marine Insurance market.
• Hands-on experience with Marine Line Slips and Binding Authorities.
• Ability to process complex accounting transactions accurately.

Responsibilities

• Apply technical knowledge in handling Marine risks.
• Support the Service Centre team in India.
• Collaborate with the Accounting and Credit Control Team.

Skills

Technical insurance knowledge in Marine risks

Understanding of accounting and settlement protocols

Excellent communication skills

Problem-solving ability

Education

A-level or equivalent education

Tools

Lloyd’s Crystal or TMF systems

Job description

I am currently partnered with a leading Broker in the London market in search of a Marine Technician to join their growing team.

How you’ll make an impact:

• Apply an excellent level of technical insurance knowledge in Marine risks (hull, cargo, liability, war, and specialty lines), handling the associated complexities to support the business and deliver a high-quality service to clients while remaining compliant with Company Policy and external regulation.
• Provide support and assistance to the Service Centre team in India.
• Demonstrate a working understanding of the financial aspects of the end-to-end marine premium process, creating timely and accurate accounting transactions using the core processing system (Global XB).
• Possess a strong understanding of and experience with the Bureau (DXC, formerly Xchanging) in accounting and settlement (A&S) protocols as they relate to marine premium processing and signings.
• Collaborate with the Accounting and Credit Control Team, ensuring financial disciplines (bad debt, unallocated cash, uncollected brokerage, held funds, funding, and signings) are cleared or escalated in line with internal SLAs.
• Maintain extensive knowledge of the Market Reform Contract (MRC) as applied to Marine business.
• Demonstrate expertise in Marine Line Slips and Binding Authorities, supporting brokers and underwriters in structuring and processing placements.
• Attend business unit, client, underwriter, or market meetings within the Marine market, providing technical input where required.
• Keep up to date on current Tax and VAT requirements relevant to marine placements, ensuring compliant day-to-day processing.
• Track and report revenue at business unit level, supporting growth targets within the Marine division.
• Provide oversight and technical support to managers and team members across all locations to improve marine market knowledge, capability, and personal development.
• Contribute to technical audits where required.

About You:

• Proven experience working within the Lloyd’s and London Marine Insurance market.
• Hands-on experience processing Marine Line Slips and Binding Authorities.
• Experience with Lloyd’s Crystal or TMF systems for insurance tax (preferable but not essential).
• A-level or equivalent standard of education (preferable).
• Exceptional attention to detail and accuracy with a high level of accountability.
• Self-motivated, able to work with autonomy, and confident managing priorities.
• Strong computer skills and aptitude to learn bespoke systems.
• Excellent communication skills (written and verbal), with the ability to build and sustain relationships across brokers, underwriters, and clients in the Marine market.
• Demonstrates strong problem-solving ability, resilience under pressure, and a proactive, solution-driven mindset.
• Eligible to work in the UK and willing to work in an agile environment.