Broker Services Technician / Operations

  • Location

    City of London, London

  • Sector:

    General Insurance

  • Job type:

    Permanent

  • Salary:

    £30000 - £35000 per annum

  • Contact:

    Louise Jolly

  • Contact email:

    ljolly@mbfitzgerald.co.uk

  • Job ref:

    BBBH2532_1595509955

  • Published:

    3 months ago

  • Expiry date:

    2020-08-22

  • Startdate:

    ASAP

  • Consultant:

    #

Our client a highly respectable MGA in the City is looking to grow their operations team within their broker and services department. A highly competitive salary of up to £35,000 plus benefits to include study support, gym membership, pension, PMI and much more.

Your main duties will include;

  • Submitting cash and non-cash premium settlements and claims movement via a variety of platforms.
  • Service binding authority and quota share treaty business using policy administration systems to set up and monitor contracts and process premium and claims bordereaux and treaty statements.
  • Receive, validate and allocate bureau signing messages on policy administration systems.
  • Assist with credit control and reconciliation activity including performing cash allocations, producing and issuing statements of account, calculating cancellation return premiums, and calculating and settling consortia fees.
  • Produce weekly cash balance reports and other management information including variance and aged debt reporting.
  • Support the team's data quality responsibilities through the monitoring, assessment, resolution and reporting of data, system and process issues.
  • Handle queries from other business functions, brokers, carriers and DXC

You need to have working within a similar environment or preferable broking environment and have a understanding of Xchanging processes and systems, including the IMR, ECF and Class