Technician

www.findapprenticeship.service.gov.uk - Jobboard; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading Lloyd's Broker in City of London is seeking an experienced Insurance Technician to join their growing team. Candidates should have technical operations experience and knowledge of Xchanging and BDX systems. This role offers a competitive salary and flexible working arrangements in an inclusive environment focused on skill development.

Benefits

Competitive salary

Flexible working options

Supportive environment for skill development

Qualifications

• Previous experience in a Technical operations role within a Broker, Insurer, or third-party provider is essential.
• Lloyd's/London Market experience is required.
• Technical knowledge of binding authorities and line-slips is necessary.

Responsibilities

• Prepare and process premiums, claims, and related documentation.
• Maintain the broking system and communicate with stakeholders.
• Process claims transactions across systems.

Skills

Experience in Technical operations role

Knowledge of BDX and Xchanging

Understanding of insurance market processes

Proficiency in Excel

Tools

Xchanging

BDX

Job description

Your new company

Your new job as an Insurance Technician will work for a Lloyd's Broking house, part of a larger Lloyd's Broking group handling Non-Marine, Marine, and Aviation risks worldwide. The company prides itself on providing world-class service and prioritizing staff needs to help it thrive. Due to growth in the Technical team, they are seeking a permanent Insurance Technician with Xchanging and Db/Cr note processing experience.

Your new role

Based in the City, your role as an Insurance Technician involves working for an established Lloyd's Broker. The company offers tailored insurance solutions and has access to international markets. Due to significant growth, a permanent position has arisen for someone with BDX, Xchanging, and premium processing experience.

Your responsibilities include preparing and processing premiums, claims, bordereaux, treaty statements, and related documentation. You will maintain the broking system, communicate with underwriters, cover-holders, clients, and Xchanging, and process claims transactions across systems. Your role within the Central Operations and Technical Team will involve processing BDX, handling Xchanging, and managing Debit/Credit notes via Novus. You will provide technical support by producing written and paid BDX, sending statements, performing credit control, and submitting LPANs.

What you'll need to succeed

Previous experience in a Technical operations role within a Broker, Insurer, or third-party provider like Xchanging is essential. Lloyd's/London Market experience, technical knowledge of binding authorities, line-slips, BDX, Xchanging systems, Excel, and understanding of the London, Lloyd's, and insurance markets' processes, terminology, and reporting are required.

What you'll get in return

A competitive salary based on experience and flexible working options are available. The company fosters an inclusive, supportive environment focused on on-the-job learning and skill development.

What you need to do now

If interested, click 'apply now' to send an updated CV or contact us directly. For other opportunities, please reach out for a confidential discussion about your career.

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