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Insurance Technician - Milton Keynes

Hays Specialist Recruitment Limited
Posted 3 days ago, valid for 16 hours
Location

Milton Keynes, Buckinghamshire MK10 9QA

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • Your new Lloyd's Broker is a global team of 20,000 employees focused on pushing the boundaries of insurance.
  • A permanent position for an Insurance Technician has arisen, requiring 1 or 2 days a week in the Milton Keynes office.
  • The role involves supporting the administration of proportional treaty reinsurance contracts and requires extensive technical accounting experience in the London Market reinsurance sector.
  • Candidates should ideally have 3-5 years of experience in a similar role, along with strong communication and IT skills.
  • A competitive salary will be offered depending on experience, with flexible working options available.

Your new companyYour new Lloyd's Broker is a group of talented and passionate people all around the world. Together, they have pushed the boundaries of insurance. They are united by a shared passion and no-limits mindset. Their strength lies in their ability to collaborate as a powerful international team comprised of 20,000 employees spanning over 100 countries. Their culture is what sets them apart, whatever your priorities are whether that's work/life balance, career progression, sustainability or volunteering - you'll find like-minded people driving change. Due to expansion in their Business Services team, a permanent position for an Insurance Technician has arisen. This role will require 1 or 2 days a week in the Milton Keynes office.

Your new roleYour new job working as an Insurance Technician means you will support the administration of proportional treaty reinsurance contracts for the expanding client base as well as being a key point of contact for London-based broking teams. You will ensure smooth processes and accurate handling of technical reinsurance accounting. Duties will include validating account submissions and cash loss transactions in line with contract terms, preparing profit commission statements, portfolio transfers, and sliding scale calculations and ensuring accurate data entry and credit control processes while resolving outstanding queries. Further duties will also include assisting with training and mentoring less experienced team members to develop technical expertise and acting as a key escalation point for internal teams and clients.

What you'll need to succeedYour previous experience working as an Insurance Technician ideally in Reinsurance will contribute to your success in securing this role. You will have extensive technical accounting experience within the London Market reinsurance sector, have a strong understanding of Lloyd's and London Market processes and systems and have the ability to demonstrate technical expertise in proportional treaty accounting. Ideally, you will have experience auditing and reviewing the work of others, working efficiently under pressure, meeting deadlines, being a strong communicator, being organised and able to effectively build relationships. You will also have competent IT skills, particularly in Microsoft Word, Excel, and PowerPoint.

What you'll get in returnYou will be offered a competitive salary depending on experience and flexible working is available. The office is based in Milton Keynes and you will be required to be in the office 1 or 2 days a week. You will be part of a like-minded, entrepreneurial business that welcomes people from all walks of life.

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

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.