Quality Control Technician

Job Vacancy
May. 2022

Introduction

Bell & Clements Limited is a Lloyd’s Broker authorised and regulated by the Financial Conduct Authority. We became part of the Munich Re Group in May 2007. 

We specialize in providing US Managing General Agents (“MGAs”) with a comprehensive service for surplus lines business. We are acknowledged market leaders in arranging binding authorities for US MGAs and in managing the relationship between the MGA and the insurers.

We also provide, through our Bell & Clements Underwriting Managers division, a capability to quote and bind a wide variety of risks under our own in-house binding authorities.

HR Department

Based in London, the Quality Control Department currently has a team of 3 employees.

The Role – Quality Control Technician

To work with the Underwriting, Broking and Technical departments to review and ensure the quality of Underwriting/ Broking files and contract documentation in terms of compliance, accuracy and to ensure that B&C meets it regulatory requirements.

Duties and Responsibilities

  • Quality Control check of technical documentation in respect of In House risks and Binding Authorities, such as quote/binding sheets, confirmations of cover, and accounting entries to ensure they match the specifications and meet both regulatory requirements and the terms of any delegated authority, in accordance with Bell & Clements internal guidelines.
  • Assist with the periodic review of files in line with Bell & Clements Internal Audit Framework.
  • To assist with the drafting, development and review of new and revised wordings and clauses, either for new business/programmes or to comply with changes in regulation and market practices. This may include assisting other departments or offices with resolving queries relating to wordings and clauses. There will be opportunity to develop knowledge within wordings and clauses.
  • Assist with ad hoc projects for the Quality Control team, Technical, Broking and Underwriting departments and Compliance.
  • Attendance at regular Wordings/Quality Control team meetings and wider Technical department meetings.
  • Maintain up to date awareness of market practices, FCA rules and other relevant legislation/regulations, particularly as relating to wordings, clauses, Binding Authority Agreements and other contract documentation.
  • To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.

  • Take ownership of and make personal and professional development a priority as part of Continuous Conversations.

  • In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).

Skills and experience

  • Previous experience in a policy wordings or underwriting role is preferable, in particular US Property/Transportation would be a distinct advantage.
  • Good standard of literacy, accuracy and attention to detail.
  • Good interpersonal and communication skills.
  • Flexibility and ability to meet deadlines.
  • MS Office skills essential, knowledge of insurance/broking systems desirable

Terms and Conditions

  • This position is offered on a Permanent basis
  • Annual salary will be dependent on the skills and experience of the successful candidate

Equal Opportunities

Bell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status

Category: Job Vacancy