Insurance Technician, Lawes Consulting Group

Insurance Technician

Lawes Consulting Group

Location:

United Kingdom, London

Category:

Insurance

Contract Type:

Not provided

Salary:

40000.00 - 50000.00 GBP / Year

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Job Responsibility:

Prepare new / renewal Binding Authorities, endorsements and all the relevant documents
Broking presentations for new and renewal business (includes liaising with clients in order to obtain the relevant information if needed) and slip endorsements
Slips (including existing, new business, renewals and policy adjustments), proposal forms and full policy schedules, wordings and endorsements
Prepare triangulations on a monthly basis
Process risks and premium bordereau
Process claims bordereau and claims collection in a timely fashion
Review and provide claims history, loss information, major claims analysis and figures to other divisions, underwriters and clients
Back-up for compliance and regulatory issues
Deal with accounts procedures (credit control, cash allocations, accounts reconciliation, analysis of results)
Liaise with Velonetic regarding payment of premium to market and bureau and assist them with any queries, in addition deal with premium signing queries from the bureau or underwriters
Ensure compliance with industry regulations, company policies, and ethical practices, while handling insurance premium and claims money

Requirements:

Strong Binding Authority experience
Proven knowledge of insurance principles and practices with a particular focus on Lloyd’s, London and International insurance markets
Solid understanding of industry regulations and compliance requirements (CASS rules and legal principles governing insurance)
Knowledge of main classes of business (PI, PO, PA, D&O, General Liability, Legal Expenses) in which IPR is specialised
Proficiency in insurance funds processing and policy issuance
Proficiency in using insurance management software and other relevant technology
Fluent in English

Nice to have:

Italian as a plus

What we offer:

4-day week on full salary
Competitive salary, reviewed annually
Annual performance bonus
Private health insurance
Life insurance
Private pension

Additional Information:

Job Posted:

March 27, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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