Insurance Technician - Post Placement Processing
Salary to £ 30,000
An opportunity to join the Property and Casualty division of a major global insurance broker.
In this role you will provide "post bind" support to the Account Managers / Brokers as well as Clients and Underwriters in preparing invoices and other client and market documentation to a high standard and preparing London market accounting submissions to the bureau and non -bureau carriers .
Preparation of Client premium invoices and closings using Brokasure Enterprise (BE)
Submission of market documentation to Xchanging via IMR. Using e-accounts
Facilitate the prompt resolution of bureau and accounts queries
Updating of relevant processing systems for monthly KPI purposes
Liaison with underwriters or insurers regarding premium payment where required
Monitoring signings and clearing Bureau Held Funds in conjunction with our IBA team .
Monitoring Premium payment conditions
Supporting the business and accounts department with credit control where required.
Preparation of risk and premium payment bordereaux in accordance with market and DA stats requirements
Experience of using Brokasure Enterprise would be beneficial
A sound understanding of the bureau premium process is essential
Understanding of the working of binding authorities and facilities is essential
Working knowledge of Global Tax Liabilities and ability to understand and process Tax Schedules would be beneficial but not essential.
Understanding of Regulatory and Compliance for both Retail and Wholesale business
Ability to work on your own initiative
MW Appointments is acting as an Employment Agency in relation to this vacancy.