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Binding Authority Technician
Ref. JO0000007114

Position Binding Authority Technician
Sector Broker Support Technical
Location City of London, City
Type Permanent
Salary £25K - £50K / Annum
Reference JO0000007114
Summary BINDING AUTHORITY TECHNICIAN



About the Company:

An international specialist insurance brokerage and managing general agent based in London. They handle a range of specialist open market and program placements, including complex contingency and accident & health, cyber, professional liability, management risk and general liability for a variety of clients worldwide.



About the Role:

To provide Binding Authority processing and technical support



Duties:



* Binding Authority / Reinsurance MRC / Endorsement creation.

* Binding Authority Premium bordereaux: checking, processing and submitting to Xchanging via IMR (and managing any queries)

* Submission of cash and delinked premium documentation to Xchanging via IMR (and managing any queries raised)

* Keeping up to date triangulated numbers each month on the Binding Authorities. Circulate the same to relevant Coverholder and Underwriters each month.

* Raising Payment Request Forms

* Provide technical advice and information as required to Account Handlers and Brokers

* Use of Lloyd's Crystal, Risk Locator, Atlas and Binding Authority Registration systems

* Quote load up, firm order, premium processing, claims processing, tracking and e-filing

* Ensure familiarisation and ongoing compliance with Processes and Procedures and any Regulatory requirements.



Skills and Competencies



* Use of ATLAS and BARS

* Must be able to set up a Binder

* Produce and Process Binders

* Strong planning, organisational and time management skills

* Well-developed knowledge of Outlook, Word and Excel

* Ability to communicate effectively and professionally with people with various levels of knowledge : face to face, over the telephone and in writing · the ability to build successful, mutually beneficial business relationships.

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