This broker is truly a giant of the insurance world, and its Global Energy Division is one of its strongest suits; it controls over $1Bn in premium, has revenues in excess of £500M, and its client list comprises 500 of the world’s largest companies in this fascinating niche.
In this role, you will provide “post bind” support to the Global Energy Division, working with Account Managers / Brokers, as well as Clients and Underwriters in preparing invoices and other client and market documentation to a high standard, and preparing London market accounting submissions to the bureau and non–bureau carriers.
Role Responsibilities:
- Preparation of Client premium invoices and closings using Brokasure Enterprise (BE)
- Submission of market documentation to Xchanging via IMR. Using e-accounts & A&S
- Facilitate the prompt resolution of bureau and accounts queries
- Updating of relevant processing systems for monthly KPI purposes
- Liaison with underwriters or insurers regarding premium payment where required
- Monitoring signings and clearing Bureau Held Funds.
- Monitoring Premium payment conditions.
- Supporting the business and accounts department with credit control where required.
Candidate Profile
- It is essential that applicants have experience of using Brokasure Enterprise and a complete understanding of the bureau premium process.
- Understanding of Energy Business.
- Minimum 2 years’ experience within the Insurance Industry.
- Working knowledge of Global Tax Liabilities and ability to understand and process Tax Schedules. Knowledge of TMF Tax Tool would be beneficial but not essential.
- Understanding of Regulatory and Compliance for both Retail and Wholesale business.
Ability to work on own initiative.
- In return, our client remains committed to recognising and sustainably rewarding Associates, empowering you to put your clients and their businesses first.
- The organisation attracts the best professionals who are excited by the unique culture that values respect, ethical, moral and caring approach.
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General Insurance & Financial Services Recruitment