Nashrock Insurance Recruitment
Senior Processing Technician
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Our Client
Our client is a well-established, dynamic and independent Lloyd's Broker with a strong reputation for delivering specialist insurance solutions across the London Market. Known for its technical expertise, client-focused approach and collaborative culture, the business has built long-standing relationships with clients and insurers alike. Offering a supportive working environment and genuine opportunities for career development, it is an excellent choice for insurance professionals looking to progress their careers within a respected and growing organisation.
New Opportunity
A new opportunity has arisen for a Senior Technician to provide post-placement technical support for the processing of US and International Non-Marine risks placed into the Lloyd's and London Market via the Open Market, Binders and Lineslips. In addition to managing a varied technical workload, you will play a key role in mentoring and supporting two Technicians, ensuring the efficient delivery of high-quality service and maintaining technical standards across the team.
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Role Responsibilities
- Premium processing for US and International Non-Marine Open Market, Binding Authority and Lineslips risks
- Bordereaux processing and submissions
- Provide advice, training and guidance to Junior Technician's
- Check and process Market Reform Contracts (MRCs), endorsements, certificates, evidence of cover and other market documentation.
- Ensure accurate entry and maintenance of risk information within broking and processing systems.
- Submit risks via London Market systems including Whitespace/PPL, Xchanging, IMR and other market platforms where applicable.
- Producing and issuing LPAN's, Credit and Debit notes
- Process premium and policy transactions in accordance with company procedures.
- Ensure all documentation is complete, accurate and compliant before market submission.
- Liaise with Brokers, Underwriters, clients and third-party service providers to resolve technical queries efficiently.
- Responding to Velonetic/Xchanging queries providing timely and efficient resolutions
- Act as the team's technical expert for complex risks and processing queries.
- Keep up to date with Lloyd's market changes, regulatory developments and industry best practice.
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Experience Required
- 10 years + experience required within a Technical Processing role for a Lloyd's accredited Broker
- Experienced in performing post-placement duties for Open Market and Binding Authority placememts (desirable)
- Experience in Lloyd's processing systems (Xchanging, IMR etc)
- Provide expert technical advice to junior Technician's
- Ability to work independently and as part of a team
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