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Application Form

Open Market Technician

£30000.00 - £50000.00 per annum

City of London, Greater London

MW Appointments

OPEN MARKET TECHNICIAN to £50,000

CITY BASED LLOYDS BROKER

To provide a quality Open Market technical service covering all aspects of insurance technical needs and as well as those of their clients and Underwriters.

To provide a quality Open Market technical service to Brokers covering all aspects of their insurance

To advise, manage and arrange for all client documentation and deliver accurately within the appropriate timeframes; all in accordance with FCA requirements.

To manage all Open Market Technical aspects in a professional and efficient manner and ensure a high standard of service is maintained at all times.

To manage other members of the Open Market Technical Team (as or if applicable).

To provide support and assistance to senior management as require



Role Function

* Responsibility for the efficient management of all allocated Open Market Technical work including

Lineslips; consistent with service levels, including the performance of internal Technical due diligence checks and procedures.

* Ensure that all communications, including e-mails, Technical documentation, Broker Insurance Documentation (BIDS) and any other form of communication are accurate at all times and created or issued in accordance with internal and FCA requirements.
* Ensure that client's needs are met by exercising excellent skills and knowledge in the handling of all Open Market Technical aspects.
* Ensure that Underwriters needs are met by exercising excellent skills and knowledge in the handling of all Open Market Premiums and Lineslip Premium bordereau submissions to Xchanging via the IMR.
* To liaise with Placing Brokers as and when required to satisfy all Technical due diligence duties and requirements.
* Ensure that all files/electronic files and insurance placements are recorded correctly onto internal systems.
* Ensure that effective Credit Control Procedures are adhered to and maintained in accordance with Technical procedures including the allocation of monies to clients and Underwriters as required.
* Comply with the requirements of company policies and procedures.
* Carrying out any duties assigned in a responsible, positive and helpful manner, thereby demonstrating a courteous attitude to all work colleagues and customers.



Minimum Ten years London Market experience

Ref 8937

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

Contact Details

Cover Letter

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