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Open nowPosted 80 days ago

Risk Capture Technician - Insurance

Workable (global search)108,016 open roles

Where
Cheltenham, England, United Kingdom
Work mode
Remote
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Your applicationOpen nowRisk Capture Technician - InsuranceWorkable (global search) · Cheltenham, England, United Kingdom

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Early applications get read.

7.9% of postings close within 7 days. Measured by our own scanner across the market. Workable (global search) postings stay open a median of 7 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 7.9%7 days
  4. 14.9%14 days
  5. 34.0%30 days
This job: posted 80 days ago

Workable (global search) median: 7 days open

The posting

Role Overview

Our client, a Lloyd's third-party managing agent, is seeking experienced Risk Capture Technicians to support their Risk Capture as a Service function. This role involves reviewing insurance slips and supporting documents, extracting key policy information, and accurately recording it within the client's Policy Administration System (PAS).

Key Responsibilities

  • Process London Market insurance underwriting data in line with applicable procedure guides
  • Analyse technical data and calculate technical transactions, including limits, premiums, and deductions
  • Manage internal and external queries to support the accuracy and efficiency of data processing
  • Apply taxes and deductions accurately during risk/endorsement processing
  • Perform premium calculations, including pro-rating against policy periods and calculating premiums from schedules

Key Performance Indicators

  • Process insurance underwriting data on a timely and accurate basis, adhering to:
  • Benchmark standards
  • Accuracy targets
  • Contractual Service Level Agreements (SLAs) per client/service

Requirements

  • Strong understanding of London Market insurance terminology
  • Ability to read and interpret slips and endorsements across all lines of business
  • Working knowledge of standard market practice for processing risks and endorsements into a PAS system
  • Prior experience in a risk capture, technical processing, or policy administration role within the Lloyd's/London Market is essential
  • Strong attention to detail and comfort working to contractual SLAs

Benefits

Length: Initial 6-month contract, with view to being extended

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