Operations Technician at Morson Edge

Job Description:

Latest job information from Morson Edge for the position of Operations Technician. If the Operations Technician vacancy in London matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at Morson Edge for the position of Operations Technician below matches your qualifications.

Insurance Operations Technician, Credit Control/IBA – Lloyd’s Market - £65-75k

The purpose of the role is to support the Technical Operations functions across the MGAs. This includes a focus on: The quality review of policy capture and endorsement processing; the production and review of bdx data sent to carriers; oversee the IBA accounts and operations - inhouse and outsource across the MGAs; monitoring and resolving queries on the reported debt and unallocated cash position; And co-ordinating the premium review and adjustments on expected premiums.

Duties & Responsibilities

Policies & Endorsements – Processing Quality & Turnaround times

• Ensure the timeliness, accuracy, and completeness of data entry into the system of record for all the MGAs.
• All policies to be reviewed in line with slip and endorsement conditions to ensure that all premiums are accurately booked (including deductions, e.g. NCB’s, Continuity Commissions and taxes).

Bordereaux Review

• Review Written and Paid bordereaux information reported from the system on a monthly basis and work on process flow solutions with resolution and additional exception report requirements.
• Monitor and review all errors identified by the exception reporting tools on the system with the correct resolution action implemented.

IBA Operations

• Oversee the IBA cash allocation process with the Technical Operations Team and Outsource service providers.
• Reconcile and match Xchanging entries to policy and premium entries booked.
• Provide technical support and training to the Technical Operations Team in handling unallocated cash transactions and query resolution.

Minimum Qualifications, Skills & Experience

• A minimum of 5 years’ experience in Insurance in a Credit Control/Technical Operations team with a particular focus on Premium review & IBA query resolution.
• A practical understanding of Underwriting and policy administration systems

Job Info:

• Company: Morson Edge
• Position: Operations Technician
• Work Location: London
• Country: GB

How to Submit an Application:

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