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Binder Technician/ Executive

MW Appointments
Posted 2 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£25,000 - £30,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • An opportunity exists for a Binding Authority Executive in a Lloyds broking business specializing in bespoke insurance and reinsurance solutions.
  • The role involves managing the placement and servicing of binding authorities and niche programs for MGA's and Coverholders globally.
  • Candidates should have extensive experience within Lloyds market binding authority channels and a strong technical understanding of placement processes.
  • The salary offered ranges from £45,000 to £60,000, along with an annual bonus and benefits package.
  • Interested applicants are encouraged to apply promptly for consideration.

An opportunity to become a key member of the Binding Authority team within a Lloyds broking business that arranges bespoke insurance & reinsurance solutions for UK, US and international clients.

You will specialise in the placement and servicing of binding authorities and niche programs for MGA's and Coverholders around the world across a range of different property & casualty classes.

Overview

Binding Authority Executive

  • Work closely with partners to understand their requirements and assist in developing innovative solutions that are fit for purpose.
  • Manage all aspects of due diligence, registration and on-boarding of new and renewed binders into the Lloyds and overseas markets.
  • Ensure the effective provision of on-going broking needs, binder administration, analytics and query resolution from clients and markets.

Role requirements

  • Extensive experience within Lloyds market binding authority channels.
  • Strong technical understanding of the placement processes, documentation and platforms including use of DCOM and Atlas.
  • Ability to co-ordinate the placement process to avoid delays and ensure accuracy & compliance.
  • Work with a positive team ethic
  • Enjoy communicating with internal and external stakeholders.

What is on offer

  • Salary range is from £45,000 to £60,000
  • Annual bonus & benefits package
  • Hybrid working flexibility

REF: 9586

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.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.