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ProFin Insurance Technician

Heat Recruitment
Job LocationCity of London
EducationNot Mentioned
Salary£40,000 - £60,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

The OpportunityA leading Lloyds broker specialising in a wide range of policy lines, including Cyber, Professional Indemnity (PI), Directors & Officers (D&O), covering both UK and International business. They pride themselves on delivering innovative and comprehensiveinsurance solutions to their clients, ensuring their protection in an ever-evolving business landscape.They are seeking an experienced and detail-oriented ProFin Insurance Technician to join their dynamic team. The ideal candidate will have a strong background in handling various policy lines, with a focus on Cyber, PI, and D&O insurance. This role requiresexpertise in creating slips, endorsements, market reform contracts (MRCs), and managing the entire insurance process from start to finish.Responsibilities:Policy Creation and Documentation:

  • Generate insurance slips and endorsements accurately and in accordance with regulatory requirements.
  • Draft and maintain market reform contracts (MRCs) for seamless policy execution.
  • Ensure all policy documentation is compliant with company standards and industry regulations.
Process Management:
  • Oversee the end-to-end insurance process, from policy inception to renewal and amendments.
  • Collaborate with underwriters, brokers, and other stakeholders to facilitate smooth transactions.
Risk Assessment:
  • Analyse insurance risks associated with Cyber, PI, and D&O policy lines.
  • Provide insights to underwriters and contribute to risk management strategies.
Client Interaction:
  • Communicate with clients to gather necessary information and address queries related to policies.
  • Establish and maintain strong relationships with clients, ensuring their satisfaction with our services.
Compliance and Quality Assurance:
  • Stay updated on industry regulations and compliance standards.
  • Conduct quality checks on documentation and processes to maintain high standards of accuracy.
What’s needed for me to be considered
  • Proven experience in a similar role within the insurance industry, specialising in Cyber, PI, and D&O policy lines.
  • In-depth knowledge of creating slips, endorsements, and market reform contracts.
  • Familiarity with both UK and International insurance markets.
  • Strong organisational and time-management skills.
  • Excellent communication and interpersonal abilities.
What nextApply today to be considered for this opportunity. If suitable, one of our specialist consultants will be in contact to discuss the opportunity with you in detail prior to submitting your CV to the client. In this discussion we will aim to identify yourspecific skills and motivations, and where appropriate recommend other relevant opportunities to you that match your requirements.Additionally, refer a friend or colleague to us and receive £200 when we assist them in securing a new career!Job Synonyms: ProFin Technician, Insurance Technician, Management Risk, Broking Technician, Operations Technician#LI-BC1

Keyskills :
Account Handler Insurance Technician Broking Technician Professional Risk ProFin Technician

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