Premium Processing Technician
London/Hybrid (Typically 2 days in the office)
Full time – Permanent
Benefits
- Employer pension contribution of 10% (providing you, the Employee provides 5%)
- Good work life balance – flexibility to suit you.
- Competitive salary.
- Life Assurance at X4 of your base salary.
- Group Income Protection.
- Generous Annual Leave entitlement.
- Private Medical Insurance.
- Group annual bonus scheme.
Responsibilities
- To be the first point of contact for urgent requests and escalations from the broking teams to which they are aligned – should see each case through to completion.
- PPC/PPW oversight for the assigned division.
- Monitor workloads using the workflow tool (PowerBi) to ensure that all work is completed within the SLA (Service Level Agreement).
- Responsible for the BCP contingency mailboxes in the event of a workflow tool failure – must ensure that all work is allocated and monitored to completion.
- Will liaise with counterparts within IBA and attend Credit Control Meetings for given line of business or project.
- Will review ledgers regularly to ensure that premiums are signed in real time and legacy issues are resolved.
- Regular review of any missed/missing PI’s in Edge
- Joins weekly/monthly call with the Middle Office/Broking Teams.
- Will monitor income and ensure all items in Forecast are processed to meet forecast/budget in a given month – keep Pillar Lead appraised to report back to Finance.
- Liaise daily/regularly with the Processing Team aligned to your LOB.
- Escalate any Training and Development needs within the Processing Team.
- Review RFT stats for their LOB and liaise with broking team to drive improvement in slip production etc to increase RFT% and reduce queries/rejections.
- LOR’s as required.
- Will follow up escalations from Insurers.
- Is the first point of contact for the Annual Audit sample requests.
- Ensure that complex processing and/or high value clients receive an excellent service.
- Other responsibilities and activities as required.
Qualifications
- Previous Premium Processing experience (Essential).
- Able to influence various stakeholders both internally and externally.
- MS Office skills.
- Good communication skills – written and verbal.
- Organised.
- Determined and resilient.
Equal Opportunity
We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.
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