Average Broker Technician salary in London

Job Title: Senior Broker TechnicianLocation: City of LondonSalary: £40,000 - £60,000 + bonuses/benefitsWorking Pattern: Full Time Hybrid Job Type: TechnicianClass of Business: Non Marine & Management Risk About the Role A large Lloyd's Broker has a fantastic opportunity for someone to join its Non Marine & Management Risk department as a Broker Technician The role will be working within a designated Broker Support team assisting Account Executives and Brokers with all aspects of Broker support. Key Responsibilities Preparation of Broking information - accurate, timely, professional, and compliant presentations, renewal reports and other market/Client documentation as requiredMRC/MRCE preparation for new business, renewals, and mid-term adjustmentsPeer review of Insurance documentationIncorporate dealing with global business, across open market and binding authoritiesPreparation of risk level data/management reportsResolution of Accounts Queries, including actively chasing debt of allocated Clients to ensure collection within the company guidelinesResolution of internal/external technical queriesSubmission of Firm Orders via PPLEnsuring Broking files are up to date, tidy and in keeping with company guidelines and standards Key Skills & Experience The client is seeking someone previous experience within a similar role with some knowledge of Non Marine classes of business. They require excellent communication skills both written and verbal and have a high level of attention to detail ensuring that systems and procedures are adhered to and maintained. Ability to manage their time accordingly and seeking an opportunity that will offer career development and progression All applicants must have a permanent right to work in the UK

Broker Support TechnicianLondon/ Home-Based£40,000 - £60,000A boutique Lloyd's insurance Broker has the requirement for a Technician to come on board and support their Financial Lines broking team in the City of London. They would ideally like someone present in the office 2 days per week, but would consider a remote-worker if they displayed all the relevant skills.The varied role will entail: Slip production for open market businessDUA processingProcessing renewals, amendments and cancellations efficientlyClient/ market correspondenceMaintaining accurate client records in the broking systemsClaims administrationInternal coordinationEnsuring compliance with internal processes and risk management practices The ideal candidate will be able to demonstrate: MRC fluency (knowledge of the composition of an MRC)Experience in quotes, schedules, endorsements and exclusions etc.A general understanding of Liability insurance productsStrong administrative and organisational skillsAwareness of regulatory requirements e.g. FCA complianceProficiency in Microsoft OfficePrior claims experience either administratively or ECF If the corporate culture is not for you, this could be a chance to join a small growing insurance business, who will really value your contribution. Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

Your new companyYour new role as a Senior Broker Technician/Technical Team Lead means you will be working for an independent Lloyd's and Reinsurance Broker. They have high standards of service and total independence which is maintained to benefit their clients. The company has a very client focused approach where they strive to provide exceptional risk solutions to their wide client base. Due to expansion, a permanent role in the Technical team has arisen for a Senior Broker Technician/Technical Team Lead. This role is 5 days a week in their office in the heart of the city.Your new roleYour new role as a Senior Broker Technician/Technical Team Lead means you will be working for a small Broker where you can hit the ground running and help the junior staff. You will be dealing with cross-class business including Casualty, Property, Marine and Hull.What you'll need to succeedYour previous experience working as a Broker Technician handling cross-class business including Casualty, Property, Marine & Hull in the London Insurance Market will contribute to your success in securing this role.What you'll get in returnYou'll be offered a competitive salary depending on experience. You will enjoy working for a Global Lloyd's Brokers with an excellent benefits package and working in a team of like-minded individual willing to support you. This role is 5 days a week in the office.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career. Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk