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Senior Technician - Delegated Authority

Idex Consulting
Posted 2 days ago, valid for 18 days
Location

London, Greater London SW1A2DX, England

Salary

£70,000 - £90,000 per annum

Contract type

Full Time

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Sonic Summary

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  • A long-standing Lloyd's Broker in the City of London is looking for a Senior Technician in their Binding Authority team, offering a salary between £70,000 and £90,000 plus bonuses and benefits.
  • The role requires candidates to have experience in a similar technical position within a Broker, specifically dealing with Binding Authority business.
  • Key responsibilities include handling premium payments, creating MRC Binding Authorities, and managing client accounts, while also mentoring junior team members.
  • Candidates must be proficient in using XChanging systems and have the ability to assemble a Binder Slip.
  • The working pattern is flexible, with 3 or 4 days in the office and 1 or 2 days working from home.

Senior Technician - Delegated Authority
City of London
70,000 - 90,000 + bonus and benefits

A long-standing Lloyd's Broker is seeking an experienced Technician in their Binding Authority team, which cover multiple lines of business, across multiple territories. The working pattern is 3 or 4 days in the office and 1 or 2 days from home.

The main focus of the role is handling the administration of premium payments, statements and bordereaux as well as the processing of new business and renewals. Duties include:

  • Creating MRC Binding Authorities, Lineslips, endorsements and Consortia slips
  • Chasing and monitoring premiums under term of trade
  • Building relationships with Underwriters and clients
  • Dealing with complex issues from clients and Brokers, meeting them in person when appropriate
  • Producing debit notes and closings and submitting to Bureaux
  • Using XChanging systems such as DCOM, Atlas, LWR and IMR
  • Account management of client accounts
  • Training and mentoring more junior members of the team


Candidates wishing to be considered must have experience in a similar technical role for a Broker, dealing with Binding Authority business. The ability to put together a Binder Slip is essential, as is experience with XChanging systems. This is an opportunity to act as number 2 to the Head of Technical and play a key part in this growing division.

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

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At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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