Senior Broker Support Technician
City with flexible home working
Salary £50,000 - £55,000
We are currently seeking an experienced technician to join the Broker Support Team within our Technical Operations Division.
Our ideal candidate will be able to demonstrate the highest level of professionalism and technical support within their respective team, business units and/or associated clients and markets.
Create timely and accurate accounting transactions and premium signings in accordance with our defined Service Level Agreements.
Have an excellent level of Technical Insurance knowledge and the associated complexities to be able to both process and support the business in technical capacity, delivering a high quality service to clients whilst remaining compliant with Company Policy and external regulation.
Working understanding of the financial aspects of the end to end premium process, creating timely and accurate accounting transactions using Global XB
Strong understanding and experience working with the Bureau (Xchanging as was now DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings
The role includes working with our Accounting and Credit Control Team, with accountability to support to clear all Financial Disciplines (bad debt, unallocated cash, uncollected brokerage, held funds, funding and signings) assigned to them in accordance with internal SLA's or escalated accordingly.
Extensive understanding of Market Reform Contract (MRC).
Demonstrates a working knowledge of Line Slips & Binding Authorities
Attend business unit, client, underwriter or market meetings, providing technical input where required.
Demonstrate a working understanding of all the resources available in relation to current Tax and VAT requirements associated to the successful completion of day to day activities.
To coordinate and report where required the tracking of revenue at business unit level.
Provide oversight and technical support to managers and team members across all locations to improve business knowledge, capability and enhance personal development.
At least 3 years' experience working within a Lloyds Insurance Broker
Experience working on Energy business
Experience in processing Line slips & Binding Authorities
Experience in the use of IPT Quote tax software (preferable but not essential)
A-level or equivalent standard of education Attention to detail and accuracy
High level of accountability.
Demonstrates positive and tenacious attitude and can do behaviour with strong accountability
Ability to develop and sustain relationships at all levels allowing the opportunity to influence outcomes Willing to go the extra mile
Eligible to work in the UK
Willing to work in an agile environment
MW Appointments is acting as an Employment Agency in relation to this vacancy.