Senior Broker Support Technician (Energy)
  £50000.00 - £55000.00 per annum
  City of London, Greater London
  permanent,full-time

This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


Senior Broker Support Technician

City with flexible home working

Salary £50,000 - £55,000



We are currently seeking an experienced technician to join the Broker Support Team within our Technical Operations Division.



Our ideal candidate will be able to demonstrate the highest level of professionalism and technical support within their respective team, business units and/or associated clients and markets.

Create timely and accurate accounting transactions and premium signings in accordance with our defined Service Level Agreements.



Key Accountabilities/Responsibilities:

Have an excellent level of Technical Insurance knowledge and the associated complexities to be able to both process and support the business in technical capacity, delivering a high quality service to clients whilst remaining compliant with Company Policy and external regulation.

Working understanding of the financial aspects of the end to end premium process, creating timely and accurate accounting transactions using Global XB

Strong understanding and experience working with the Bureau (Xchanging as was now DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings

The role includes working with our Accounting and Credit Control Team, with accountability to support to clear all Financial Disciplines (bad debt, unallocated cash, uncollected brokerage, held funds, funding and signings) assigned to them in accordance with internal SLA's or escalated accordingly.

Extensive understanding of Market Reform Contract (MRC).

Demonstrates a working knowledge of Line Slips & Binding Authorities

Attend business unit, client, underwriter or market meetings, providing technical input where required.

Demonstrate a working understanding of all the resources available in relation to current Tax and VAT requirements associated to the successful completion of day to day activities.

To coordinate and report where required the tracking of revenue at business unit level.

Provide oversight and technical support to managers and team members across all locations to improve business knowledge, capability and enhance personal development.



Person Specification:

At least 3 years' experience working within a Lloyds Insurance Broker

Experience working on Energy business

Experience in processing Line slips & Binding Authorities

Experience in the use of IPT Quote tax software (preferable but not essential)

A-level or equivalent standard of education Attention to detail and accuracy

High level of accountability.

Demonstrates positive and tenacious attitude and can do behaviour with strong accountability

Ability to develop and sustain relationships at all levels allowing the opportunity to influence outcomes Willing to go the extra mile

Eligible to work in the UK

Willing to work in an agile environment

Ref 8422

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


Advertiser: Agency

Reference: JO0000008422

Posted on: 2023-04-11 11:04:35

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Insurance - City of London, Greater London

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This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


Senior Broker Support Technician

City with flexible home working

Salary £50,000 - £55,000



We are currently seeking an experienced technician to join the Broker Support Team within our Technical Operations Division.



Our ideal candidate will be able to demonstrate the highest level of professionalism and technical support within their respective team, business units and/or associated clients and markets.

Create timely and accurate accounting transactions and premium signings in accordance with our defined Service Level Agreements.



Key Accountabilities/Responsibilities:

Have an excellent level of Technical Insurance knowledge and the associated complexities to be able to both process and support the business in technical capacity, delivering a high quality service to clients whilst remaining compliant with Company Policy and external regulation.

Working understanding of the financial aspects of the end to end premium process, creating timely and accurate accounting transactions using Global XB

Strong understanding and experience working with the Bureau (Xchanging as was now DXC) in the workings of accounting and settlement (A&S) protocols and activity as they relate to the function of premium process and signings

The role includes working with our Accounting and Credit Control Team, with accountability to support to clear all Financial Disciplines (bad debt, unallocated cash, uncollected brokerage, held funds, funding and signings) assigned to them in accordance with internal SLA's or escalated accordingly.

Extensive understanding of Market Reform Contract (MRC).

Demonstrates a working knowledge of Line Slips & Binding Authorities

Attend business unit, client, underwriter or market meetings, providing technical input where required.

Demonstrate a working understanding of all the resources available in relation to current Tax and VAT requirements associated to the successful completion of day to day activities.

To coordinate and report where required the tracking of revenue at business unit level.

Provide oversight and technical support to managers and team members across all locations to improve business knowledge, capability and enhance personal development.



Person Specification:

At least 3 years' experience working within a Lloyds Insurance Broker

Experience working on Energy business

Experience in processing Line slips & Binding Authorities

Experience in the use of IPT Quote tax software (preferable but not essential)

A-level or equivalent standard of education Attention to detail and accuracy

High level of accountability.

Demonstrates positive and tenacious attitude and can do behaviour with strong accountability

Ability to develop and sustain relationships at all levels allowing the opportunity to influence outcomes Willing to go the extra mile

Eligible to work in the UK

Willing to work in an agile environment

Ref 8422

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


Advertiser: Agency

Reference: JO0000008422

Posted on: 2023-04-11 11:04:35

I want to receive the latest job alerts for:

Insurance jobs in City of London, Greater London

By creating a job alert, you agree to our Terms . You can change your consent settings at any time by unsubscribing or as detailed in our terms.

Similar Jobs:

Senior Insurance Sales Executive

  NFU Mutual

  Competitive Salary (dependant on experience)

  Ashford, Kent

Senior/ Account Executive

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  City of London, Greater London

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