Post Bind Processing Technician

Job Overview

Location
London, England
Job Type
Full Time
Salary
£25,000 - £30,000 Per Year
Date Posted
24 days ago

Additional Details

Job ID
81264
Job Views
7

Job Description

Insurance Technician - Post Placement Processing
Salary to £ 30,000
Permanent
City based

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 .

Role Responsibilities:

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

Candidate Profile:
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

REF 7944

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Location

Similar Jobs

Accountancy Action

Bookkeeper

Full Time

Lusona Consultancy (Group) Limited

Finance Data Analyst

Full Time
Full Time

Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept