Binding Authority Technician

Location
City of London
Salary
£30000.00 - £45000.00 per annum
Posted
29 Oct 2020
Closes
28 Nov 2020
Ref
3881570
Contact
Danni Crego
Job Function
Broking, Technician
Contract Type
Permanent



Your new company
Your new job as a Binding Authority Technician will be working for a global Lloyd's (Re)Insurance Broker based in the heart of the City. The business operates globally and have a large amount of product lines. Due to substantial growth within their support team, a permanent position for a Binding Authority Technician has arisen.


Your new role
Your new job working as a Binding Authority Technician means you will be responsible for servicing new and existing businesses, ensuring policies are booked, premiums and claims are processed and paid in a timely manner. You will be responsible for registering new binders and renewals and sanction checks etc using BARS, ATLAS and CRYSTAL as well as manage binder authority channels into the Lloyds / Company market required. Other duties will include processing MRC slips and submissions, prepare LPANS and submit premium payments to the markets through Xchanging. You will also upload all claims reports, claims bordereaux and transactions to IMR using ECF & Company market system. Other duties will include handling Xchanging and internal queries in respect of premiums and claims issues, performing periodic analysis, as well as other ad hoc tasks.


What you'll need to succeed
Your previous extensive experience working within the London Insurance market handling Binding Authority risks will contribute to your success in securing this role. Ideally, you will have experience using BARS, Atlas and Crystal, and experience in using PPL is preferred but not essential. Strong verbal and written communication skills and the ability to build and maintain professional relationships are a must. You will also be a proficient user of Microsoft Office to include: Outlook, Word and Excel.


What you'll get in return
You'll be offered a competitive salary of up to c.£45,000 plus comprehensive benefits package. You'll receive support from Directors and Managers and enjoy working for a dynamic Insurance and Reinsurance Lloyd's Broker based in the heart of the City.



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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