Broker Technician - North American Property
Job Description
BROKER TECHNICAN - US PROPERTY
\nTo provide support and back up to Brokers within the relevant business division.
\nTo study insurance proposals to ensure Brokers have the appropriate information needed to service the client and market the business in a timely manner.
\nThis is a multi-functional role with each job holder having a wide range of experience including Binders, Open Market placements, Line Slips or Reinsurance contracts. Over time, the job holders will have dealt with the aforementioned types of placement albeit, individual experience will vary per specialty.
\n\nKEY DUTIES & RESPONSIBILITIES
\nCalculating premiums and processing entries on to our inhouse broking system.
\nProduce credit/debit notes including calculating premium adjustments.
\nPrepare accurate MRCs and MRCEs
\nPrepare cover notes, broker insurance documents, debit notes and premium adjustments.
\nMaintain accurate records, including telephone conversations, work in progress, statistical data records either personally or through delegation to others.
\nRespond to Technical queries and the processing of premiums and claims as required.
\nDeal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
\nMaintain and update diary records in outlook and Global.
\nProduce cover notes and debit notes and associated documentation in sufficient time for them to be checked and signed by authorised signatories and issued to client within 30 days of attachment.
\nResponsible for minimising the number of late signings to the Market.
\nClosing to bureaux and non-bureaux markets.
\nTo keep abreast of FCA updates including Wordings available from the Market.
\nLloyd’s Compliance - Atlas as well as other external London Market online platforms such as DA SATS and PPL.
\nChecking and QA of slips and endorsements
