What You Will Do

• Preparing market submissions and placing documentation including MRC’s and endorsements.
• Maintaining clear, accurate and comprehensive files reflecting the transactions undertaken on behalf of clients.
• Inviting and monitoring renewal instructions
• Logging of all quotes and enquiries
• Daily monitoring with NST/IBA team to monitor bad debt, cash and funding.
• Bordereaux monitoring for current binders and lineslips.
• Assisting with “know your client” due diligence procedures.
• Assisting with binding submissions via Whitespace.
• Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
• Monitor timeliness of the placement process to ensure Contract Certainty is achieved and timely invoicing is achieved.
• Assisting with production of taxation schedules for Global Programs.
• Generally providing support to the producers/brokers within the Division
• Carrying out such projects and other duties and tasks as may from time to time be required

What You Will Bring

• Sufficient knowledge and understanding of the relevant aspects of the Law of Agency and the Law of Contract to be able to perform the Principal Tasks
• Sufficient knowledge and understanding of the general concepts of insurance to be able to perform the Principal Tasks
• Good working knowledge of the UK regulatory requirements as they affect the business of the Terrorism Division
• Awareness of legal and jurisdictional requirements in territorial limits worked on and maintenance of up to date knowledge of current market practices.
• Good working knowledge of London market practices.
• Understanding of MRC and endorsements.
• Good knowledge and understanding of Lloyd’s Crystal and Risk Locator tools
• Knowledge and understanding of electronic placing systems (PPL/Whitespace)
• Understanding of Binding Authority procedures and bordereaux management.
• Ability to retain existing business and the confidence of the clients
• Ability to work effectively as part of a team.
• Ability to work under pressure and to meet deadlines
• Ability to use Microsoft Word and Excel packages
• Ability to use the Price Forbes IT systems

Think you don’t meet every requirement?

We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process

At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

#PFI

If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history, and a standard criminal record check.

Note To Recruiters And Employment Agencies

We will not pay for unsolicited CV's from recruiters and employment agencies unless we have a signed agreement and have requested assistance, in writing, for a specific vacancy.