Job Title: Sanctions Technician
Location: 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.
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.
