London
Insurance Broker Assistant
Working in our London office as a member of the Insurance department.
The role
Reporting to the Insurance Placing Broker, and Renewal Broker, you will assist in collating relevant Market information needed in processing New Business, Renewals & Endorsements. You will assist in making sure files are up to date with the needed information and documents being passed to the underwriter and client,and documenting the process in the Insurance systems. You will work with Yacht management in collating the information needed in running and enforcement or building a new business/renewal file. You will work alongside the claims team in assisting collating claims files.
Duties
Insurance new business
- Help obtain the information needed to produce an Insurance Proposal form
- Sense check sales documents as a 2nd pair of eyes
- Once cover has been placed, work though check list to ensure client & underwriter have all the information they need for a secure placement and complete client file
- Document as per checklist onto INSLY system and verify its complete
- Enter premium, commission and any pay away into INSLY and send invoice to client
- KYC information will need to obtained, Lloyds and MGA licensing and applicable taxes will need to be checked
Insurance renewal
- Help obtain the information needed prior to remarketing an insurance renewal including claims records, and ensure any mid term adjustments have been updated
- Sense check renewal documents as a 2nd pair of eyes
- Assist in preparing renewal proposals
- Once cover has been placed, work though check list to ensure client & underwriter have all the information they need for a secure placement and complete client file
- Document as per checklist onto INSLY system and verify its complete
- Enter premium, commission and any pay away into INSLY and send invoice to client
Insurance endorsement
- Process endorsements
- Collate from yacht, yacht manager and any other source the information needed to submit to an underwriters
- Submit and track an endorsement conversation to the underwriter and back to the yacht
- Once cover has been placed, work though check list to ensure client & underwriter have all the information they need for a secure placement and complete client file
- Document as per checklist onto INSLY system and verify its complete
- Ender premium, commission and any pay away into INSLY and send invoice to client
Claims handling
- Where asked, assist the separate claims team in verifying cover
- Where asked, assist the separate claims team in verifying collating claims details through your contacts, internal & external
The successful candidate will have the following attributes:
Essential
- Experience in the London and Lloyds Market
- Superyacht or Marine Insurance experience
- Minimum Chartered Insurance Institute (CII) qualification is required
- Familiar with placing, organizing & communicating a Lloyds Bordereau placement with underwriters
- A proven ability to use Microsoft Office products to intermediate level
- Excellent organisational skills
- Excellent level of written and spoken English and numeracy
- Attention to detail, and conscientiousness to record information accurately and with integrity
- Capability to work independently and take initiative but also be an excellent team player
- Effect problem solving and multitasking abilities
- Excellent communication and diplomacy skills, are able to communicate effectively at all levels (dealing with Owners, Captains and Colleagues)
Desirable
- Experience producing complex MRC slips and endorsements
- An understanding of the Lloyds PPL system
- Understanding of Lloyds and London Insurance Market
- Understanding of reinsurance
*Only candidates with legal status to work in the UK can be considered.
Burgess is an equal opportunity employer and will happily consider candidates from all backgrounds who are able to demonstrate the required personal and professional qualities for this role.
