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Open Market US Property Technician


City based Lloyds Broker is seeking an experienced Open Market Technician.

This team supports our Open Market Brokers North American territories. The team consists of three Technicians - 2 Senior and one Technician. For this role we are looking for experience in the Canadian & Caribbean property markets.

Ideally the Insurance Technician will have 3 + years' experience which includes North American Property within a Lloyds Broker. Experience of the Global system would be a distinct advantage however full training will be given to the successful candidate.

Salary is circa £40,000 depending on skills/experience

The workload is heavy at times, so we are looking for someone with a can-do attitude, personable and a good team player.

Overview of tasks and responsibilities:

Producing firm orders for Brokers - Open Market MRC's, MRC Endorsements, Declarations off of In-House Binders, certificates and endorsements, Lineslips, occasionally policies and any other Insurance Broker documentation as required.
Drafting of wordings / policy forms for North American property coverages for inclusion in MRC's as required. Obtaining underwriter agreement to wordings occasionally required.
Entering Data onto the Global system.
Processing Premiums.
Mailing out of Contract of Insurances, Certificates, Debit Notes, Withholding Statements, the occasional policy.
Signing of premium to Xchanging.
Providing regular feedback to Team Leader on portfolio and market feedback.
Obtaining key information from Agents and/or brokers verbally or via telephone, e-mail and/or fax
Analysing market trends and developments affecting the team, division and Group
Timely and efficient resolution of complex issues escalating issues to Team Leader/Technical Manager as appropriate
Ensuring compliance with FCA Guidelines and Group rules and procedures, including maintaining accurate records
Undertaking general office administrative duties as and when required
Ref 8149

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

Open Market US Property Technician

London, UK
Full time
General Insurance

Published on 07/14/2021

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