Why This Role Stands Out
This remote role offers a fantastic opportunity to hone your London Market insurance expertise and contribute to a leading managing agent's innovative Risk Capture as a Service function. You'll thrive here if you possess a keen eye for detail and a strong understanding of insurance processing, with the potential for contract extension. Apply today to gain valuable experience and advance your career in a flexible, remote environment.
Quick Overview
Job Description
Role Overview
Our client, a Lloyd's third-party managing agent, is seeking experienced Risk Capture Technicians to support their Risk Capture as a Service function. This role involves reviewing insurance slips and supporting documents, extracting key policy information, and accurately recording it within the client's Policy Administration System (PAS).
Key Responsibilities
- Process London Market insurance underwriting data in line with applicable procedure guides
- Analyse technical data and calculate technical transactions, including limits, premiums, and deductions
- Manage internal and external queries to support the accuracy and efficiency of data processing
- Apply taxes and deductions accurately during risk/endorsement processing
- Perform premium calculations, including pro-rating against policy periods and calculating premiums from schedules
Key Performance Indicators
- Process insurance underwriting data on a timely and accurate basis, adhering to:
- Benchmark standards
- Accuracy targets
- Contractual Service Level Agreements (SLAs) per client/service
- Strong understanding of London Market insurance terminology
- Ability to read and interpret slips and endorsements across all lines of business
- Working knowledge of standard market practice for processing risks and endorsements into a PAS system
- Prior experience in a risk capture, technical processing, or policy administration role within the Lloyd's/London Market is essential
- Strong attention to detail and comfort working to contractual SLAs
Length: Initial 6-month contract, with view to being extended
Similar jobs
- PC
Third Party Risk Management (TPRM) Principal Consultant
NewAuto ApplyPA Consulting
London🇬🇧Hybrid14 hours agoInventory ManagementProcurementRisk Assessment+1Operations & Project Management - IG
Senior Fraud Support Analyst
NewAuto ApplyIndra Group UK & Ireland
Redhill, Surrey🇬🇧Hybrid13 hours agoOracleSQLMicrosoft Excel+8 - IG
Fraud Support Analyst
NewAuto ApplyIndra Group UK & Ireland
Redhill, Surrey🇬🇧Hybrid14 hours agoOracleSQLMicrosoft Excel+8 - MO
Prudential Risk Manager
NewAuto ApplyMonzo
Cardiff🇬🇧Remote16 hours agoMicrosoft ExcelComplianceDiversity & Inclusion+3 - LE
Fraud & Disputes Specialist
NewAuto ApplyLendable
London🇬🇧Hybrid15 hours agoTalent AcquisitionComplianceMachine Learning - SG
Internal Controls Analyst
NewAuto ApplySmiths Group
Hemel Hempstead🇬🇧Hybrid20 hours agoStakeholder ManagementAuditingIFRS+3Finance - T&
Project Risk Specialist
NewAuto ApplyTurner & Townsend
UK wide🇬🇧HybridYesterdayMicrosoft ExcelContinuous ImprovementForecasting+3 - WI
Senior Analytics Manager - Credit Risk
NewAuto ApplyWise
London🇬🇧£105k - £150k/yrHybridYesterdayStakeholder ManagementSQLPortfolio Management+3Technology - T&
Third Party Risk Lead - 12 month FTC
NewAuto ApplyTurner & Townsend
Leeds🇬🇧On-siteYesterdayStakeholder ManagementOnboardingCompliance+7 - AS
Fraud Risk Manager
NewAuto ApplyAspora
London🇬🇧On-siteYesterdayComplianceRails - MO
Client Risk Analyst
NewAuto ApplyModulr
London🇬🇧HybridYesterdayOnboardingComplianceKYC+3 - CH
Senior Associate, Third Party Risk Management
NewAuto ApplyCheckout.com
London🇬🇧On-siteYesterdayStakeholder ManagementArticulateCompliance+6
