Underwriting Operations Technician

Ryan Specialty Group

Greater London

On-site

GBP 29,000 - 38,000

Full time

5 days ago
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Job summary

Ryan Specialty Group in London is seeking an Operations Technician to support processing and administration of premium and bordereaux activity across MGUs and Coverholders in the Lloyd’s market. You will handle bordereaux reviews, data accuracy, and timely responses to queries.

The role requires strong Excel skills, keen attention to detail, and the ability to manage multiple workflows in a busy environment.

Qualifications

  • Strong numerical, mathematical, and administrative skills.
  • High level of accuracy and attention to detail.
  • Confident user of Microsoft Office, with strong Excel capability.
  • Ability to communicate clearly and effectively, both verbally and in writing.
  • Proactive, motivated team player with the ability to work independently.
  • Strong time management skills with the ability to prioritise and meet deadlines.
  • Knowledge of Lloyd’s Market processes and Xchanging/Velonetic systems is highly advantageous.
  • Experience using processing systems such as Brokasure is also beneficial.

Responsibilities

  • Bordereaux Management: Review, verify, and distribute written and settlement bordereaux (bdx) for various Ryan Specialty MGUs and Coverholders.
  • Maintain accurate written bordereaux files in line with Lloyd’s Market and internal requirements.
  • Assist with identifying process issues, data discrepancies, or recurring queries and escalate appropriately.
  • Queries & Operational Support: Manage, monitor, and respond to operational, bdx and premium‑related queries via shared inboxes and Teams channels.
  • Act as a point of contact for operational email queries, providing timely and accurate responses or escalation where required.
  • Liaise with Operational and Underwriting contacts for various MGUs to obtain and verify required information in support of bdx and processing related activities.
  • Maintain and update the trackers for all bordereaux, premium, and operational issues, ensuring visibility and auditability.
  • Binding Authority Agreement Support: Provide ad hoc operational support to the Binding Authority Administrator.
  • Keep track of new and renewing binding authority agreements (binders) and liaise with team members to ensure relevant information is available.
  • Support and facilitate binder setup across processing and other internal systems.
  • Team & Department Support: Provide ad hoc support to Premium Processing, assist with workload management, and help during peak periods.
  • Assist Finance with premium finance related queries.
  • Attend internal and external meetings and contribute to discussions on operational performance and improvements.
  • Administration & Record Management: File, manage, and maintain all documentation, records, and data entry in line with procedures and audit standards.
  • Ensure data accuracy, completeness, and timely updating of systems and trackers.
  • Undertake general administrative tasks as required to support the department.
  • General: Play an active role within the team and undertake other duties as required to ensure efficient and compliant operations.

Skills

Excel proficiency
Attention to detail
Numerical skills
Communication skills
Time management
Independent worker

Tools

Brokasure
Xchanging
Velonetic

Job description

Position Summary:The Operations Technician will support the efficient processing and administration of premium and bordereaux activity across Ryan Specialty MGUs and Coverholders operating in the Lloyd’s market. The role requires strong attention to detail, effective communication, and the ability to manage operational queries and workflows in a busy processing environment. Proficiency in Excel is essential. Responsibilities will evolve over time in line with business and departmental needsLocation:London - UK - FenchurchWhat will your job entail?Key ResponsibilitiesBordereaux Management· Review, verify, and distribute written and settlement bordereaux (bdx) for various Ryan Specialty MGUs and Coverholders· Maintain accurate written bordereaux files in line with Lloyd’s Market and internal requirements· Assist with identifying process issues, data discrepancies, or recurring queries and escalate appropriatelyLiaise with bdx production teams throughout company to ensure timely distribution of bdx to carriersQueries & Operational Support· Manage, monitor, and respond to operational, bdx and premium‑related queries received via shared inboxes and Teams channels· Act as a point of contact for operational email queries, providing timely and accurate responses or escalation where required· Liaise with Operational and Underwriting contacts for various MGUs to obtain and verify required information in support of bdx and processing related activities· Maintain and update the trackers for all bordereaux, premium, and operational issues, ensuring visibility and auditabilityBinding Authority Agreement SupportProvide ad hoc operational support to the Binding Authority AdministratorKeep track of new and renewing binding authority agreements (binders) and liaise with members of the team, as well as colleagues across the wider business, to ensure we have all relevant information to correctly service the binderSupport and facilitate binder setup across processing and other internal systemsTeam & Department Support· Provide ad hoc support to the Premium Processing team, assisting with workload management and task completion as requiredAssist our Finance team with premium finance related queriesSupport team members during peak periods, absences, or backlogs to ensure operational continuityAttend internal and external meetings as required and contribute to discussions relating to operational performance and improvementsAdministration & Record Management· File, manage, and maintain all documentation, records, and data entry in line with internal procedures and audit standards· Ensure data accuracy, completeness, and timely updating of systems and trackers· Undertake general administrative and ad hoc tasks as required to support the effective running of the departmentGeneral· Play an active role within the team and undertake other reasonable duties as required to ensure the department operates efficiently and compliantlySkills and Attributes· Strong numerical, mathematical, and administrative skills· High level of accuracy and attention to detail· Confident user of Microsoft Office, with strong Excel capability· Ability to communicate clearly and effectively, both verbally and in writing· Proactive, motivated team player with the ability to work independently· Strong time management skills with the ability to prioritise and meet deadlines· Knowledge of Lloyd’s Market processes and Xchanging/Velonetic systems is highly advantageous· Experience using processing systems such as Brokasure is also beneficialDisclaimerRyan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
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