Marine Insurance Technician
  £40000.00 - £50000 per annum
  Tower Hamlets, 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.


An opportunity to join a leading, independent Lloyd's Broker with offices around the globe. In this Marine Technician role you will be responsible for a diverse range of critical post-placement technical support functions which aid the placement and management of international marine accounts.



* Marine Technician



Role overview:

Document Production and Processing

* Timely and accurate production of debit/credit notes, security schedules, evidence of cover and endorsements (or equivalent documentation) which comply with Best Practice Manual and current market practice to satisfy client requirements.
* Produce evidence of insurance/certificates/Letters of Undertaking for third parties on clients' instructions, as necessary
* Reviews documents at key stages to ensure accuracy and completeness for subsequent processing.

Premium Processing

* Process original, additional/return premiums and any other associated transactions, as necessary
* Generates the correct market closing documentation and submits premium to the company market and bureau.

Credit Control

* Manage premium payment and pursue the receipts of funds from client to ensure settlement terms/PPWs are met or escalates problems to divisional management.
* Assist with reconciliation of unallocated cash as soon as practicable or escalates the problem to divisional management/accounts as appropriate.

File Management

* Maintains thorough and timely records of communication with insurers and with clients in accordance with internal procedures and informs clients and/or colleagues of any developments.



KEY SKILLS/ REQUIREMENTS:



* Marine experience with a broker, underwriter or bureau.
* Understanding of back-office , post-placement functions (Premium collection, DXC, IBA, Debit Notes) and how it is aligned to the Front end process.

What is on offer;

- Salary to £50,000 + benefits package

- Hybrid flexible working - City / Home

- CII Study support, if desired





REF: 9058



Interested? Please apply today and we will contact you by return.



MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

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


Advertiser: Agency

Reference: JO0000009058

Posted on: 2024-02-04 15:09:24

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Marine Insurance Technician
  £40000.00 - £50000 per annum
  Tower Hamlets, 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.


An opportunity to join a leading, independent Lloyd's Broker with offices around the globe. In this Marine Technician role you will be responsible for a diverse range of critical post-placement technical support functions which aid the placement and management of international marine accounts.



* Marine Technician



Role overview:

Document Production and Processing

* Timely and accurate production of debit/credit notes, security schedules, evidence of cover and endorsements (or equivalent documentation) which comply with Best Practice Manual and current market practice to satisfy client requirements.
* Produce evidence of insurance/certificates/Letters of Undertaking for third parties on clients' instructions, as necessary
* Reviews documents at key stages to ensure accuracy and completeness for subsequent processing.

Premium Processing

* Process original, additional/return premiums and any other associated transactions, as necessary
* Generates the correct market closing documentation and submits premium to the company market and bureau.

Credit Control

* Manage premium payment and pursue the receipts of funds from client to ensure settlement terms/PPWs are met or escalates problems to divisional management.
* Assist with reconciliation of unallocated cash as soon as practicable or escalates the problem to divisional management/accounts as appropriate.

File Management

* Maintains thorough and timely records of communication with insurers and with clients in accordance with internal procedures and informs clients and/or colleagues of any developments.



KEY SKILLS/ REQUIREMENTS:



* Marine experience with a broker, underwriter or bureau.
* Understanding of back-office , post-placement functions (Premium collection, DXC, IBA, Debit Notes) and how it is aligned to the Front end process.

What is on offer;

- Salary to £50,000 + benefits package

- Hybrid flexible working - City / Home

- CII Study support, if desired





REF: 9058



Interested? Please apply today and we will contact you by return.



MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

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


Advertiser: Agency

Reference: JO0000009058

Posted on: 2024-02-04 15:09:24

I want to receive the latest job alerts for:

Insurance jobs in Tower Hamlets, 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.

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