Post Bind Processing Technician

  • £25000.00 - £30000.00 per annum
  • City of London
  • Mw Appointments

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.

  • Advertiser: Agency
  • Reference: JO0000007944