Senior Technician

Gallagher Re; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading reinsurance firm in London is seeking an experienced Senior Technician to join their Binders Technical Operations Division. You will manage complex transactions related to premium bordereau and support the team in resolving queries efficiently. The ideal candidate has extensive experience in bordereau processing and a strong understanding of the insurance industry. This role offers competitive compensation and a variety of benefits including holiday, life insurance, and a pension scheme.

Benefits

Minimum of 25 days holiday

Defined contribution pension scheme

Life insurance

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Discounted gym membership

Qualifications

• Extensive experience in bordereau processing.
• Ability to demonstrate an excellent level of technical insurance knowledge.
• Experience with Accounting and Settlement protocols.
• Solid understanding of Market Reform Contract (MRC).

Responsibilities

• Process complex technical transactions related to monthly bordereau.
• Support resolution of pre-processing queries within 48 hours.
• Manage relationships with Accounting and Credit Control Team.

Skills

Bordereau processing

Technical insurance knowledge

Client relationship management

Understanding of accounting protocols

Job description

Introduction

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting‑edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

Are you an experienced Senior Technician with experience in Binding Authorities? If so, we have an exciting opportunity for you to join our growing team at Gallagher Re!

As part of our Binders Technical Operations Division, you will play a crucial role in supporting the processing and resolution of queries related to the end‑to‑end premium bordereau processing. Working closely with team members based in the UK front office and offshore in India, you will have the opportunity to deliver a comprehensive experience for our clients.

If you are a diligent Senior Technician ready to contribute to our growing knowledge base, we want to hear from you. Apply now to join our dynamic team and take your career to the next level.

How you'll make an impact

• Process complex technical transactions, which are mostly related to monthly bordereau for Binding Authorities.
• Support the resolution of pre‑processing queries raised by our offshore team within 48 hours of receipt.
• Manage the relationship with our Accounting and Credit Control Team, with accountability to support the reconciliation and collection of premium.
• Carry out ad hoc tasks that may arise from time to time as specified by their line manager.

About You

• Extensive experience in bordereau processing.
• Ability to demonstrate an excellent level of technical insurance knowledge and understanding of the industry and its regulators.
• Complete understanding of the full end‑to‑end process model across all disciplines, including all associated Service Level Agreements (SLA’s) and Turnaround Times (TAT’s).
• Experience of working with the Bureau (Xchanging now known as DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings is essential.
• Solid understanding of Facultative business and Proportional Treaties as well as Line Slips and Binding Authorities.
• A sound understanding of Market Reform Contract (MRC).
• Eligible to work in the UK.

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
• Defined contribution pension scheme, which Gallagher will also contribute to.
• Life insurance, which will pay 4x your basic annual salary, which you can top‑up to 10x.
• Income protection, we’ll cover up to 50% of your annual income, with options to top up.
• Health cash plan or Private medical insurance.

Other benefits include:

• Three fully paid volunteering days per year.
• Employee Stock Purchase plan, offering company shares at a discount.
• Share incentive plan, HMRC approved, tax effective, stock purchase plan.
• Critical illness cover.
• Discounted gym membership, with over 3,000 gyms nationally.
• Season ticket loan.
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
• Emergency back‑up family care.
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long‑term health conditions or disabilities.

We understand that applicants may have disabilities, if do you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail]. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, colour, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.