Underwriting Premium Technician
MW Appointments
City of London
2d ago

PositionUnderwriting Premium Technician SectorUnderwriting Support LocationCity of London, City TypePermanent Salary£35K - £40K / Annum ReferenceJO0000007336 SummaryPremium Technician - to £40,000 + benefits

Permanent

Leading Lloyds Market insurer based in the City has a hybrid role that incorporates a cross section of skills and experience.

You will report to the Head of Underwriting Operations and deal with the verification, allocation and processing of premiums.

Key Duties :

  • Efficient, accurate and independent processing of direct premium closings.
  • Reconcile Closings & Bordereaux with data held on various underwriting systems
  • Accurate accounting for Insurance Premium Taxes.
  • Monitor and action USM Bureaux messages.
  • Review the accuracy of policy data entered on underwriting systems.
  • Proactive investigation, analysis and interpretation of processed accounting information.
  • Key Experience / Skills :

  • Knowledge of technical support within the Lloyds / London Market, whether from a Syndicate, Company or Broker background.
  • Understanding of LPANS & MRC slips
  • Exposure to Delegated Underwriting & Bordereaux
  • Premium processing
  • Monitoring USM messages
  • Experience calculating IPT - advantageous
  • Ref 7336

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