Job Description
Job Title:Claims/Premium Accounting Technician
Location: City of London
Salary: £40,000 - £60,000 plus excellent benefits
Working Pattern: Full Time Hybrid - 3 days office-based plus remote working
Job Type: Premium & Claims Processing
Class of Business: Non-Marine
About the Role
A Lloyd's Broker is expanding and seeking a Claims/Premium Technician to join their International Risks Team, which focuses on Non-Marine business.
This key role supports one of their fastest-growing production units, which places a diverse book of business across multiple International territories. You will work on all aspects of the Premium accounting and Claims process from receipt through to settlement as directed by your Head of Department.
This is a fantastic business offering lots of career progression and development.
Key Responsibilities
- Create and maintain premium accounting and claims files
- Input final agreed slips and document details onto the in-house system
- Assess, process and monitor premiums and claims
- Produce and send out advice, collection, premium and treaty documentation to clients and markets
- Broke claim advices and collections to the London Market where appropriate
- Obtain agreement to claims advices and collections via CLASS/ECF system
- Create and send premium submissions to the market via the IMR
- Liaise with the Insurance Accounts Department to ensure prompt payment of premiums and claims
- Assist the Insurance Accounts Department to ensure cash is posted and allocated promptly
- Collect funds from clients and settle with reinsurers within Terms of Trade / Payment Warranties
- Produce accurate premium and claims statistics where required
- Conduct business meetings with clients and reinsurers
- Deal with market, client and internal queries
Key Skills & Experience
The successful candidate will need experience in technical claims processing and be confident using ECF. Premium processing exposure would be advantageous.
The client is seeking a proactive and adaptable communicator who is diligent, professional and keen to progress their career. You will be comfortable working as part of a team, building strong working relationships and using your initiative to deliver high standards of service.
All applicants must have a permanent right to work in the UK
