Sanctions Technician

Job Description:

Job Title: Sanctions Technician

Locationn: Remote, UK based

Type: Permanent, Full-Time 37.5 hours per week

Velonetic is the powerhouse joint venture between DXC Technology, the International Underwriting Association (IUA), and Lloyd's of London. Processing over £115 billion in premium and claims transactions, we're building the digital future of the London insurance and reinsurance market. This is your chance to be part of it.

Job Overview

We're looking for a Sanctions Technician to join our Sanctions Team, reporting to the Sanctions Manager within our Control, Quality and Sanctions function.

You'll play a central role in keeping the team compliant with US, EU, and UK Sanctions regulations - conducting quality checks, and working closely with brokers, underwriters, managing agents, and legal representatives across the market.

What You'll Do

• Clear low-to-medium complexity Sanctions cases, escalating complex matters appropriately
• Carry out Sanctions Quality Control and sensitive territory checks (currency and banks)
• Respond to Sanctions-related enquiries from the market and internal stakeholders
• Support Sanctions regulatory change and help maintain the Sanctions User Group SharePoint site
• Flag and raise incidents; monitor trends
• Drive continuous improvement initiatives and support quality reporting
• Attend customer meetings and work in partnership with Service and Processing Teams (onshore/offshore)

What You'll Bring

• Independent judgement - confident decision-making and problem-solving
• Customer-first mindset - tactful, courteous, and effective at resolving issues
• Strong communication - clear and concise, written and verbal
• Highly organised - able to juggle multiple priorities with discipline
• Relationship builder - productive networks across internal and external stakeholders
• Analytical thinker - good at spotting patterns and solving problems
• Team player - equally comfortable working independently
• Insurance background - essential
• Microsoft Office proficiency - Word, Excel, Outlook
• Willingness to learn London Market practices and procedures
• London Market experience - desirable but not essential

Investment In Training and Development

We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications.  We’re developing an environment where people can grow and harness their careers and skills to be the best that they can be to focus on the long term.

Our Culture

Here at Velonetic we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace no matter of who they are or what they do. We are proud of the culture we are creating to ensure that our commitment is ongoing and have a diverse mix of employees working within an inclusive environment and culture to create a high performing workforce led by talented leaders. We aspire to be recognised for our innovative and modern thinking approach.

Employee Benefits

As part of our competitive remuneration package, flexible benefits are available.  There is an option to “flex up and down” on specific benefits, for example buy or sell annual leave, Private Medical Benefit, Dental and Travel Insurance.

You will also have access to ‘Perks at Work’, a discount store to purchase gift cards at reduced rates and get discounts on holidays, restaurants, activities, groceries and more.

DXC Recruitment Team will be engaging with all candidate applications on behalf of Velonetic. DXC will be managing the recruitment throughout the onboarding process.

At DXC Technology, we believe strong connections and community are key to our success. Our work model prioritizes in-person collaboration while offering flexibility to support wellbeing, productivity, individual work styles, and life circumstances. We’re committed to fostering an inclusive environment where everyone can thrive.

Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.