Job Description
Act as a Subject Matter Expert in Syndicate Capital Management (SCM).
Possess a thorough understanding of taxes, clauses, and wordings used by underwriters in risk documents.
Responsible for risk entry on the policy administration system and producing bordereaux.
KEY RESPONSIBILITIES:
Review slips/policy documents and accurately enter details into the policy administration system.
Create risk and premium bordereaux following Lloyd's version 5.2 standards.
Ensure the correctness of data and policy information included in the bordereaux.
Identify and raise discrepancies (taxes, premiums, etc.) with Underwriters/Brokers/internal functions and follow up on queries for timely resolution.
Review and action correction/amendment requests on the bordereaux.
Reconcile bordereaux with invoices received from Brokers and forward them to the finance team for payment.
Qualifications
Thorough knowledge of slips/policy documents, including the application of taxes in underwriting.
No terminology in this advert is intended to discriminate on the grounds of gender, race, age, national origin, sexual orientation, and we confirm that we are happy to accept applications from persons of any age or experience for this role. ....Read more...
Type: Contract Location: City of London, England
Start: ASAP
Posted: 2024-05-13 06:44:00
COMMERCIAL INSURANCE BROKER RICKMANSWORTH + HYBRID WORKING SALARY up to £40,000
THE OPPORTUNITY:
Get Recruited are proud to represent a long-standing brokerage based in Rickmansworth looking to grow their Broking team.
This role will be retaining and maintaining current commercial clients and servicing their business needs across a variety of Insurance classes.The candidate will need to be highly motivated and have experience dealing with client queries and speaking with them on a regular basis.
They will be given a wealth of support from their team who work along side them providing assistance where needed.The candidate will have a strong background in Commercial Insurance.
Relevant Job titles may include: Insurance Broker, Insurance Account Handler, Insurance Account Executive, Underwriter, Insurance Administrator, Commercial Insurance technician.ROLES & RESPONSIBILITIES:
Service existing Clients through their Renewals and mid-term adjustments.
Generate new business where possible from the conversations you have and be able to relay this to the Account Executives.
Perform fact-finds with your prospects to understand their business and scalability.
Continue to build long-lasting, highly credible relationships with all the accounts you manage, as you will continue to be their point of contact moving forwards
Be motivated to develop new business opportunities by networking and growing your portfolio, whilst still maintaining exceptional standards of relationship management with your existing clients
BENEFITS:
Salary up to £40,000
Hybrid Working - 3 days a week in the office
Company trips to Amsterdam, Stockholm, Ibiza and more
Company Pension
Annual performance pay review
Full support for taking CII exams
PERSON SPECIFICATION:
Strong Background in Commercial Insurance
To have strong influencing, negotiating, problem solving and analytical skills
Full Driving License
A good level of knowledge of the Insurance market and how this will impact your clients.
To have Insurance Account Handling skills and a detailed knowledge of the core range of products & services
Sales and service process knowledge, particularly sales through service
Relationship building is key as you will be dealing with longstanding clients.
To keep up to date with insurance industry developments and regulatory changes
TO APPLY: If you are an experienced Account Handler with the required skills, please send your CV for immediate consideration.
We are currently shortlisting for interviews.
Get Recruited is acting as an Employment Agency in relation to this vacancy. ....Read more...
Type: Permanent Location: Rickmansworth, England
Start: ASAP
Salary / Rate: £35000.00 - £40000.00 per annum + + Hybrid Working
Posted: 2024-04-24 17:01:50
