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Binding Authority Technician
Ref. JO0000007040

Position Binding Authority Technician
Sector Broker Support Technical
Location Chelmsford, Essex
Type Permanent
Salary £25K - £35K / Annum
Reference JO0000007040
Summary Binding Authority Technician



Lloyds Broker - Based in Chelmsford Hub



Permanent or Contract



Salary: £25k to £35K + benefits



To work as part of a centralised Delegated Authority Team providing technical support and guidance to all divisions within the business in the oversight, operation and control of delegated authority arrangements.



Duties are varied and cover all aspects of DUA activity, some examples are:

- Conduct due diligence of cover holders and DUA agreements

- Collate necessary documentation to ensure compliance to regulatory frameworks

- Use of ATLAS and BARS

- Provide guidance and advice on the placement of DUA

- Liaison with insurer DUA teams

- Contribute to oversight of the external audit/review (Aims)

- Ensure all records and files are maintained and up to date.

- Provide MI reports



Skills and Experience:

- Knowledge of the regulatory environment pertaining to Delegated Authority.

- Extensive knowledge of DUA in the Lloyds marketplace

- Familiar with DUA agreements, wordings, clauses, profit commissions etc.

- Exposure to ATLAS and BARS systems



REF : 7040



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