Senior Processing Technician

Nashrock Insurance Recruitment

Greater London

On-site

GBP 42,000 - 62,000

Full time

3 days ago
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Job summary

Nashrock Insurance Recruitment is assisting a well-established Lloyd's Broker in London to find a Senior Technician. You will provide post-placement technical support for US and International Non-Marine risks placed into the Lloyd's and London Market, and mentor two Technicians to ensure high-quality service.

The role requires deep Lloyd's processing knowledge, independence and strong collaboration with Brokers, Underwriters and clients to resolve complex queries.

Qualifications

  • 10+ years of experience in a technical processing role for a Lloyd's accredited broker.
  • Experience with post-placement duties for Open Market and Binding Authority placements desirable.
  • Experience with Lloyd's processing systems (Xchanging, IMR).
  • Provide expert technical advice to junior technicians.
  • Ability to work independently and as part of a team.

Responsibilities

  • Premium processing for US and International Non-Marine Open Market, Binding Authority and Lineslips risks.
  • Bordereaux processing and submissions.
  • Mentor and support two Technicians.

Skills

Technical expertise
Mentoring
Teamwork

Education

Lloyd's accreditation

Tools

Xchanging
IMR
Whitespace/PPL

Job description

Our client is a well-established, dynamic and independent Lloyd's Broker with a strong reputation for delivering specialist insurance solutions across the London Market. Known for its technical expertise, client-focused approach and collaborative culture, the business has built long-standing relationships with clients and insurers alike. Offering a supportive working environment and genuine opportunities for career development, it is an excellent choice for insurance professionals looking to progress their careers within a respected and growing organisation.

A new opportunity has arisen for a Senior Technician to provide post-placement technical support for the processing of US and International Non-Marine risks placed into the Lloyd's and London Market via the Open Market, Binders and Lineslips. In addition to managing a varied technical workload, you will play a key role in mentoring and supporting two Technicians, ensuring the efficient delivery of high-quality service and maintaining technical standards across the team.

Role Responsibilities
  • Premium processing for US and International Non-Marine Open Market, Binding Authority and Lineslips risks
  • Bordereaux processing and submissions
  • Provide advice, training and guidance to Junior Technician's
  • Check and process Market Reform Contracts (MRCs), endorsements, certificates, evidence of cover and other market documentation.
  • Ensure accurate entry and maintenance of risk information within broking and processing systems.
  • Submit risks via London Market systems including Whitespace/PPL, Xchanging, IMR and other market platforms where applicable.
  • Producing and issuing LPAN's, Credit and Debit notes
  • Process premium and policy transactions in accordance with company procedures.
  • Ensure all documentation is complete, accurate and compliant before market submission.
  • Liaise with Brokers, Underwriters, clients and third-party service providers to resolve technical queries efficiently.
  • Responding to Velonetic/Xchanging queries providing timely and efficient resolutions
  • Act as the team's technical expert for complex risks and processing queries.
  • Keep up to date with Lloyd's market changes, regulatory developments and industry best practice.
Experience Required
  • 10 years + experience required within a Technical Processing role for a Lloyd's accredited Broker
  • Experienced in performing post-placement duties for Open Market and Binding Authority placememts (desirable)
  • Experience in Lloyd's processing systems (Xchanging, IMR etc)
  • Provide expert techncial advice to junior Techncian's
  • Ability to work independently and as part of a team
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