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Insurance Technician - Professional and Financial Risks

🏢 Lockton, Inc. 📍 London, England 💼 Company - Private
Currency:
£42,000 - £65,000
£3,500 - £5,417 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Job Description

Lockton are currently recruiting for an Insurance Technician to join the Professional and Financial risk division in London.

  • Role purpose
  • As a result of continued success and corresponding increase in workload, the Lockton Professional & Financial Risks Division is currently looking for an experienced Technician to join the team. In this role you will provide support to the Account Handlers / Brokers as well as clients and Underwriters and other client service team members in the overall servicing of the clients’ insurance placements, preparation of market submissions and client documentation to a high standard and checking documentation for accuracy prior to issuance to the client.
  • About the Role
  • Key responsibilities in the role include:
  • Preparation of MRC and MRCE.
  • Invoicing of Premiums & Bordereau using Brokasure Enterprise (BE) and submission to Xchanging via IMR.
  • Monitoring and Actioning Bureau Held Funds and Monthly KPI’s.
  • Working knowledge of PPL.
  • Working knowledge of Global Tax Liabilities and ability to create and action Tax Schedules.
  • Understanding Regulatory and Compliance for Retail and Wholesale business

Qualification

  • The ideal candidate will be:
  • Willing and hardworking
  • Looking to expand their knowledge in the insurance world
  • Experience in Brokasure would be ideal but not a necessity
  • Lockton attracts the best professionals to come and work with them who are excited by their unique culture that values respect, ethical, moral and caring approach, in fact their associates are their greatest asset.
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Lockton, Inc.

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Private
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