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Date Added: Sat 16/11/2024

Senior Binding Authority Technician

London, UK
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Company: MW APPOINTMENTS

Job Type: Permanent, FullTime

Salary: £45,000 - £50,000 per annum

Work for 3 days per month in the City with the rest of the time working remotely from home. Our client is a leading Lloyds registered broker with a global portfolio of clients across a diverse range of different industry sectors.

The Senior Operations Technician will be a key member of a dedicated technical support team that provides a range of operational support functions within the specialist Binding Authority division.

OVERVIEW:

  • Production and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyd's and internal procedures/guidelines
  • Production of Endorsements as appropriate
  • Amendment of Wordings/Slips as appropriate
  • Submitting documents to the Bureaux/XIS and ensuring all bordereaux are chased up, received, processed and paid to relevant bureaux within settlement due dates
  • Producing debit/credit notes and processing premiums onto internal systems
  • Maintaining internal systems accurately and efficiently
  • Maintaining statistical information as required
  • Ensure that company procedures and systems are followed and reviewed
  • Manage own files as per internal Procedures Manual

WHAT YOU NEED TO SHOW:

  • Minimum 3 years previous experience in a similar role
  • Good knowledge and understanding of London Market procedures
  • Good knowledge of Lloyds Delegated Authority systems (DCOM, Atlas, DDM)
  • Good knowledge of general insurance policies and underlying legal procedures
  • Good knowledge of the regulatory requirements of general insurance in operation at any time

WHAT IS ON OFFER:

  • Salary to £50,000 p.a. + benefits package
  • Flexible remote working
  • Induction, training and on-going support

REF: 9880

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Apply Now