- Annual Salary: Up to £60,000
- Location: Southend (preferred)/London
- Job Type: Permanent
Reed Insurance London are working with a well-respected Lloyd's insurance broker based in the City and Southend, currently seeking a Broker Backup Technician to enhance their successful team. This role offers the opportunity to be part of a company that prides itself on delivering exceptional service within the insurance sector.
Day-to-day of the role:
- Produce and process open market slips and assist with binding authorities.
- Create slips/endorsements, cover notes, policy schedules, debit notes, and monthly lineslip declarations.
- Review and process premium and risk bordereaux.
- Produce LPANs and submit work packages.
- Maintain Earned to Incurred spreadsheets.
- Manage Atlas and Lineage systems.
- Daily use of A&S systems and issuing credit notes/EoCs as required.
- Assist with Coverholder applications and audits.
- Calculate and monitor profit commissions.
- Liaise with the claims team on claims issues and reports.
- Track all binder renewals, review performance, and send renewal notices and chasers.
- Chase premium payments and ensure compliance with procedures and regulatory requirements.
- Perform general administration tasks.
- Maintain required records, reports, and files in an organised manner and present these to senior management as required.
- Handle Xchanging/Bureau queries and other ad hoc duties.
Required Skills & Qualifications:
- Minimum of 2 years' experience in a broker backup role within a Lloyd's broker.
- Part ACII qualification or equivalent is highly desirable.
- Strong computer skills and experience using Brokasure, A&S, Atlas, Lineage, DCOM, PPL, AIF, ECF, IMR, and other Lloyd's/London Market systems.
- Advanced knowledge of Microsoft products (Word, Excel, Outlook) or similar software applications.
- Excellent communication and organisational skills.
- Ability to manage time effectively, prioritise tasks, and meet deadlines without compromising quality.
- Professional verbal and written communication skills.
Benefits:
- Competitive salary package.
- Opportunities for continuous professional education with study support.
- Dynamic and supportive work environment.
To apply for the Broker Backup Technician position, please submit your updated CV.
