Risk Capture Technician - Insurance

About this job

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