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About this Underwriting Operations Technician role at Ryan Specialty

Ryan Specialty · Onsite · London - UK - Fenchurch

Position Summary:

The Operations Technician will support the efficient processing and administration of premium and bordereaux activity across Ryan Specialty MGUs and Coverholders operating in the Lloyd’s market. The role requires strong attention to detail, effective communication, and the ability to manage operational queries and workflows in a busy processing environment. Proficiency in Excel is essential. Responsibilities will evolve over time in line with business and departmental needs

Location:

London - UK - Fenchurch

What will your job entail?

Key Responsibilities

 

Bordereaux Management

·       Review, verify, and distribute written and settlement bordereaux (bdx) for various Ryan Specialty MGUs and Coverholders

·       Maintain accurate written bordereaux files in line with Lloyd’s Market and internal requirements

·       Assist with identifying process issues, data discrepancies, or recurring queries and escalate appropriately

  • Liaise with bdx production teams throughout company to ensure timely distribution of bdx to carriers

Queries & Operational Support

·       Manage, monitor, and respond to operational, bdx and premium‑related queries received via shared inboxes and Teams channels

·       Act as a point of contact for operational email queries, providing timely and accurate responses or escalation where required

·       Liaise with Operational and Underwriting contacts for various MGUs to obtain and verify required information in support of bdx and processing related activities

·       Maintain and update the trackers for all bordereaux, premium, and operational issues, ensuring visibility and auditability

 

Binding Authority Agreement Support

  • Provide ad hoc operational support to the Binding Authority Administrator
  • Keep track of new and renewing binding authority agreements (binders) and liaise with members of the team, as well as colleagues across the wider business, to ensure we have all relevant information to correctly service the binder
  • Support and facilitate binder setup across processing and other internal systems

Team & Department Support

·       Provide ad hoc support to the Premium Processing team, assisting with workload management and task completion as required

  • Assist our Finance team with premium finance related queries
  • Support team members during peak periods, absences, or backlogs to ensure operational continuity
  • Attend internal and external meetings as required and contribute to discussions relating to operational performance and improvements

Administration & Record Management

·       File, manage, and maintain all documentation, records, and data entry in line with internal procedures and audit standards

·       Ensure data accuracy, completeness, and timely updating of systems and trackers

·       Undertake general administrative and ad hoc tasks as required to support the effective running of the department

General

·       Play an active role within the team and undertake other reasonable duties as required to ensure the department operates efficiently and compliantly

 

 

Skills and Attributes

·       Strong numerical, mathematical, and administrative skills

·       High level of accuracy and attention to detail

·       Confident user of Microsoft Office, with strong Excel capability

·       Ability to communicate clearly and effectively, both verbally and in writing

·       Proactive, motivated team player with the ability to work independently

·       Strong time management skills with the ability to prioritise and meet deadlines

·       Knowledge of Lloyd’s Market processes and Xchanging/Velonetic systems is highly advantageous

·       Experience using processing systems such as Brokasure is also beneficial

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

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About Ryan Specialty

Ryan Specialty, LLC and its affiliates (“Ryan Specialty”) do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services or professional recruiters (“Agencies”), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must be registered in Ryan Specialty’s agency portal and have a fully executed contract for service between Ryan Specialty and the Agency. Agency fee agreements will only be valid if provided in such fully executed contract between Ryan Specialty and the Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty’s HR d

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