Binding Authority Technician

Permanent @Garniche Jobs London in Accounting/Financial/Insurance
  • City of London, London View on Map
  • Post Date : January 3, 2023
  • Apply Before : February 28, 2023
  • Salary: £0 - £48000
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Job Detail

  • Job ID 1184246
  • Career Level Manager
  • Experience Fresh
  • Industry Development
  • Qualifications Certificate

Job Description

Senior Binding Authority Technician, City, up to c£48,000 working for a growing Lloyd's Broker

Your new company
Your new job working as a Senior Binding Authority Technician, will be working for an innovative and growing Independent Global Lloyd's Brokers who have been established for over 100 years. Your new Brokers pride themselves on having an understanding of the importance of being client-focused, are growing in all areas and have recently been named an employer of choice. Due to substantial growth within their Operations Division a permanent position for Senior Binding Authority Technician dealing with delegated authority risks has arisen.

Your new role
Your new job working as a Binding Authority Technician means you will provide a first-class service to both Agents and cover holders covering all aspects of their insurance arrangements. You will be responsible for the production and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyd's and company procedures/guidelines, production of endorsements, Other duties will include submitting documents to the Bureaux/XIS and ensuring all bordereaux are chased up, received, processed and paid to relevant bureaux within settlement due dates as well as, producing debit/credit notes, processing premiums onto internal systems and producing endorsements.

What you'll need to succeed
Your previous experience working as a Technician handling Binding Authorities in a similar role will contribute to your success in securing this role. You will be confident in the understanding of London Market procedures, and have good knowledge of Lloyds Delegated Authority systems (DCOM, Atlas, DDM), of general insurance policies and underlying legal procedures as well as good knowledge of the regulatory requirements of general insurance in operation at any time. You will show willingness to continue to develop knowledge of products and related issues through formal and informal learning, both internally and externally to the firm


What you'll get in return
Flexible working options available.
You'll be offered a competitive salary of up to £48,000 plus a comprehensive benefits package. You'll receive support from both Directors, Managers and hardworking team. You'll enjoy working for a rapidly expanding International Lloyd's Broker and be a part of a hardworking, ambitious team. Your new team are full of like-minded individuals willing to support you.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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