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Senior Binder Technician

Hays Specialist Recruitment Limited
Posted 8 hours ago, valid for 4 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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  • Your new company is a niche independent Lloyd's Broker with a global presence, specializing in unique insurance solutions across various sectors.
  • A permanent position for a Senior Binder Technician/Binder Manager has opened due to significant growth within the Technical team.
  • The role involves managing delegated authority business, preparing contracts, and ensuring compliance with binding authority guidelines.
  • Candidates should have experience as a Senior Binder Technician or Binder Manager handling International Binders, with knowledge of DCOM and DDM systems required.
  • The competitive salary for this position is up to £120,000, depending on experience, along with bonuses and benefits.

Your new companyYour new company is proud to be a smaller niche independent established Lloyd's Broker based in the heart of the City and with offices across the world. They have offices in 12 countries and over 100+ staff worldwide, specialising in unique insurance solutions. The business has expanded, and they deal with specialist classes to include Marine, Fine Art and Specie, Construction, Aviation, Energy, Real Estate, Professional Indemnity and Cyber Risk. Your new company are uniquely positioned to provide their customers with quality insurance solutions, advice and personal services. Due to substantial growth within the Technical team a permanent position for a Senior Binder Technician/Binder Manager has arisen.Your new roleYour new role working as a Senior Binder Technician means you will be providing guidance and support to teams in relation to Delegated authority business and assisting in the management of all Internal and Third-Party binding authorities including the monitoring of declarations and bordereaux. Duties will include preparing new and renewal contracts for all delegated authority business, preparing renewal presentations and statistics for all binding authorities and/or line slips, and provide reporting, addressing DA performance, and ensuring binding authority limits and guidelines are adhered to. Other duties will also include the management of Lloyd's DCOM, DDM and Atlas systems, producing and monitoring quarterly premiums for Third Party binding authorities, issuing triangle statistics and managing and assisting new Coverholders applications. Also, deal with Profit Commission calculations and collections on binders, providing statistics on contracts, territories and lineslips as well as provide management information on agents on a quarterly basis.What you'll need to succeedYour previous experience working as a Senior Binder Technician or Binder Manager handling International Binders will contribute to your success in securing this role. You will have knowledge of general insurance business and be confident in FCA and Lloyd's Market requirements. You will need market, industry and product knowledge and be proactive in keeping knowledge up to date. You will have numeracy and literacy skills as well as communication, organisational and data analysis skills. You will act with integrity, due skills, care and diligence. You will need experience in systems such as Atlas, DCOM, DDM, Lloyd's Crystal, Aims (Lloyd's Audit), PPL, Whitespace and Microsoft Office Suite.PLEASE ONLY APPLY IF YOU HAVE EXPERIENCE WORKING AS A TECHNICIAN HANDLING INTERNATIONAL BINDERS OR BE A SENIOR DUA TECHNICIAN. EXPERIENCE OF DCOM AND DDM IS A MUSTWhat you'll get in returnFlexible working options available.You'll be offered a competitive salary of up to c£120,000, d.o.e (+ Bonus + Benefits) plus a comprehensive benefits package. You'll receive support from both Directors and Managers and be given the opportunity to develop and take on more responsibility in the future. You'll enjoy working as part of a growing and friendly team with a unique vision to grow and develop long term Client needs.What you need to do nowIf 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.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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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.