Register a Vacancy

Register a Vacancy

Interview Tips for Candidates

Interview Tips for Candidates

Our Candidate Charter

Our Candidate Charter

Register your CV

Register your CV

Back to Jobs

Binding Authority Technician
Ref. JO0000007217

Position Binding Authority Technician
Sector Broker Support Technical
Location City of London, City
Type Permanent
Salary £30K - £45K / Annum
Reference JO0000007217
Summary Binding Authority Technician



Location: City of London



Salary: Competitive, dependant on expertise and relevance of knowledge



Our client is a successful, independent Lloyds Broker and Coverholder based in the Heart of the City.



You will be joining a growing and dynamic business environment, where your opinions and voice matter and where your hard work and passion will be recognised and rewarded.



This role will focus on co-ordinating all technical support for the setting-up and day-to-day management of European binding authorities on behalf of coverholders.



Duties

*Understand the processing of documentation including use of BAR, ATLAS, CRYSTAL, Da-Sats, PPL, RiskServe, ECF/CLASS System

*Prepare new / renewal Binding Authorities and endorsements

*Prepare and check documentation and support the placing brokers within Lloyd's and Company market:

oCover and Debit Notes, liaise with X-Changing and other Lloyd's and company offices and bureaux

oBroking presentations for new and renewal business (includes liaising with clients in order to obtain the relevant information if needed) and slip endorsements

oSlips (including existing, new business, renewals and policy adjustments), proposal forms and full policy schedules, wordings and endorsements

*Upload and import of bordereaux on the systems

*Liaise with underwriters and deal with resulting queries

*Liaise with accounts department regarding payment of premium to market and bureau and assist them with any queries and in addition dealing with premium signing queries from the bureau or underwriters.

*Organise and maintain an efficient archiving system

*Prepare triangulations on a monthly basis

*Process claims bordereau and claims collection in a timely fashion

*Review and provide claims history, loss information, major claims analysis and figures to other divisions, underwriters and clients

*Back-up for compliance and regulatory issues



Knowledge and Experience

*Strong Binding Authority experience

*Knowledge of the:

opractices and processes of the Lloyd's and Company market

omain classes of business (PI, PO, PA, D&O, General Liability, Legal Expenses)

olegal principles governing insurances

oFSA regulatory framework governing insurance brokers

REF : 7217

MW Appointments is acting as an Employment Agency in relation to this vacancy.
  Add this Vacancy to your Shortlist
?

We will use your email address to send this vacancy information only. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

Apply for this Vacancy

Fields marked * are mandatory

Essential Details

?

We will use your email address to contact you regarding your application and suitable vacancies. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

?

We will use your mobile number to contact you regarding your application and suitable vacancies. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

Please fill in at least one CV field

Choose from Dropbox

You have successfully upload your file

Additional Information to Speed Up Your Application

We take your privacy very seriously, click here to view our Privacy Notice.

Back to Jobs

The city office has moved

You can find us at

Map to our new office location

Irongate House, 22 - 30 Dukes Place, London EC3A 7LP