Insurance Technician
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Position Overview & Specifications
Reference
002226 Vacancy locationLocation
United Kingdom, London, London
Work Place
Hybrid
Secondary Location
London
Vacancy detailsJob Profile
Lockton - Experienced Professional
Title
Insurance Technician
Description
Lockton are currently recruiting for an Insurance Technician to join the Professional and Financial risk division in London.
Role purpose
As a result of continued success and corresponding increase in workload, the Lockton Professional & Financial Risks Division is currently looking for an experienced Technician to join the team. In this role you will provide support to the Account Handlers / Brokers as well as clients and Underwriters and other client service team members in the overall servicing of the clients’ insurance placements, preparation of market submissions and client documentation to a high standard and checking documentation for accuracy prior to issuance to the client.
About the Role
Key responsibilities in the role include:
- Preparation of MRC and MRCE.
- Invoicing of Premiums & Bordereau using Brokasure Enterprise (BE) and submission to Xchanging via IMR.
-
Monitoring and Actioning Bureau Held Funds and Monthly KPI’s.
Working knowledge of PPL. - Working knowledge of Global Tax Liabilities and ability to create and action Tax Schedules.
- Understanding Regulatory and Compliance for Retail and Wholesale business
Candidate Profile
The ideal candidate will be:
Willing and hardworking- Looking to expand their knowledge in the insurance world
- Experience in Brokasure would be ideal but not a necessity
Lockton attracts the best professionals to come and work with them who are excited by their unique culture that values respect, ethical, moral and caring approach, in fact their associates are their greatest asset.
Scheduled
Full Time Permanent
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Insurance Agencies & Brokerages
Based on transatlantic hiring benchmarks for Insurance Technician roles across Lockton, Inc.'s corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Insurance Agencies & Brokerages.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £27,000 - £34,668 bracket, including retirement vesting and health parity.
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