SENIOR TECHNICIAN - £30,000 - £40,000
Our client is a Lloyds Broker based in the City and they are looking for a Senior Technician to join their team. You will have sole responsibility for the following:
·Use of Xchanging's Daily Accounting Report to monitor signings and inform Account Executives
·At Allocation ensure stage 1 information iscorrectly shown in MRC
·Check LPANS /Closings show correct premium and insurer information
·Credit control - monitor and manage payments on a daily basis;
·Assist Finance Team in correlating Premiums received
·Liaise with the Account Executives and Accounts Department to ensure prompt receipt and onward payment within any premium payment terms set by Insurers;
·Arrange for premium payment terms to be updated when premium overdue;
·Submit Premiums/Additional Premiums/Return Premiums and Binding authority premium bordereaux to XIS via the IMR for signing;
·Requesting of Return Premiums from Company Markets
·Submit Closings to the Accounts Department for wire transfer;
·Promptly respond to queries when raised by Underwriters
·Resolving any stage 1 queries raised by bureaux
·Responsibility for Lineslip Renewals and setting up of FDO markets
·Updating of In-House Risk Tracking System
·Running Premium Received/ Sent and Premium Payment Reports
Previous experience essential. Non marine OPen Market and/or Binding Authority business preferred.

Please quote ref 6614

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