Process Expert: Lloyd’s Insurance Processing (Underwriting)

About the Position

We are seeking a Process Expert for Lloyd’s Insurance Processing (Underwriting) to join our team in Gurgaon (GGN) / Noida. This role is ideal for professionals with 3-5 years of experience in the UK/Lloyd’s Insurance market, possessing strong knowledge of the end-to-end policy lifecycle, premium processing, and London Market operations.

Responsibilities

• Managing the end-to-end Lloyd’s insurance placement process, including Submission, Quote, FON, Bound, Declaration, and Endorsement processing.
• Handling Bureau, Non-Bureau, and Company Market transactions.
• Reviewing and processing insurance documentation in line with Lloyd’s Market standards.
• Interpreting and validating Lloyd’s Market Reform Contracts (MRC).
• Performing premium, tax, and deduction calculations with high accuracy.
• Supporting policy issuance, endorsements, renewals, and premium collection activities.
• Ensuring compliance with client requirements, SLAs, and regulatory guidelines.
• Coordinating with brokers, underwriters, and stakeholders to resolve policy and processing queries.

Requirements

• 2-5 years of experience in UK/Lloyd’s Insurance Operations.
• Strong understanding of the Lloyd’s insurance placement process and policy lifecycle.
• Knowledge of Submission, Quote, FON, Bound, Declaration, and Endorsement processing.
• Experience working across Bureau, Non-Bureau, and Company Markets.
• Sound understanding of Lloyd’s MRC structure and documentation.
• Expertise in premium, tax, and deduction calculations.
• Excellent communication and stakeholder management skills.
• Strong attention to detail and commitment to quality.

Nice to Have

• Experience working on the Eclipse Policy Administration System.
• Prior experience with a Lloyd’s Insurance organization or London Market operations.

Exclusions

• US Insurance experience only.
• Claims-only experience (UK or US).

We Offer

• Opportunity to work in a dynamic and hybrid work environment.
• Competitive salary and benefits package.
• Professional growth and development opportunities.

About the Company

Join our team and contribute to the smooth processing of Lloyd’s insurance policies, ensuring accuracy and compliance in every transaction.