Senior Binding Authority Technician
  • England,London,City of London
  • full-time
  • £45,000 - £50,000 per annum
Job Description:
Work for 3 days per month in the City with the rest of the time working remotely from home. Our client is a leading Lloyds registered broker with a global portfolio of clients across a diverse range of different industry sectors.
The Senior Operations Technician will be a key member of a dedicated technical support team that provides a range of operational support functions within the specialist Binding Authority division.
OVERVIEW:
*Production and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyd’s and internal procedures/guidelines
*Production of Endorsements as appropriate
*Amendment of Wordings/Slips as appropriate
*Submitting documents to the Bureaux/XIS and ensuring all bordereaux are chased up, received, processed and paid to relevant bureaux within settlement due dates
*Producing debit/credit notes and processing premiums onto internal systems
*Maintaining internal systems accurately and efficiently
*Maintaining statistical information as required
*Ensure that company procedures and systems are followed and reviewed
*Manage own files as per internal Procedures Manual
WHAT YOU NEED TO SHOW:
*Minimum 3 years previous experience in a similar role
*Good knowledge and understanding of London Market procedures
*Good knowledge of Lloyds Delegated Authority systems (DCOM, Atlas, DDM)
*Good knowledge of general insurance policies and underlying legal procedures
*Good knowledge of the regulatory requirements of general insurance in operation at any time
WHAT IS ON OFFER:
*Salary to £50,000 p.a. + benefits package
*Flexible remote working
*Induction, training and on-going support
REF: 9880
Interested? Please apply today and we will contact you by return.
MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.
MW Appointments is acting as an Employment Agency in relation to this vacancy.
Job number 1694139
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Company Details:
MW Appointments
Company size: 10–19 employees
Industry: Recruitment Consultancy
MW Appointments was founded with the aim of providing a professional, knowledgeable and personal recruitment service to both clients and candidates wi...
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