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Insurance Technician

Hays Specialist Recruitment Limited
Posted 13 hours ago, valid for 2 days
Location

London, Greater London EC1R 0WX

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 rapidly growing group of insurance intermediaries in the UK, specializing in risk transfer solutions and placing £900M in premiums globally.
  • They are seeking a Binding Authority Technician to manage the production and validation of risk bordereaux, prepare Market Reform Contract Endorsements, and support the renewal process.
  • Candidates should have previous insurance experience in a technical role, ideally within the London Market, and a strong understanding of DUA functions.
  • The position offers a competitive salary based on experience, along with a comprehensive benefits package and flexible working options.
  • Successful applicants will have opportunities for career development and will work within a supportive and friendly team environment.

Your new companyYour new company are one of the fastest-growing groups of insurance intermediaries in the UK, placing £900M of premium into the Global insurance market. They bring together individuals and businesses from across the world, who are united in their pursuit of specialism. They specialise in creating solutions to challenging risk transfer questions for clients, broker partners and insurer partners in the UK and internationally. Due to expansion within the Delegated Authorities team a position for a Binding Authority Technician has arisen.Your new roleYour new role working as a Binding Authority Technician means you will be responsible for the production, validation and submission of monthly risk bordereaux as well as preparing Market Reform Contract Endorsements and supporting documentation as required. Duties will include tracking upcoming renewals, supporting the team to allow brokers to negotiate terms for renewal, producing accurate and regular reports and accurately recording risk details on a Policy Administration System. Further duties will also include dealing with Third Party Coverholder and assisting in preparing/drafting contracts before the renewal date. What you'll need to succeedYour previous experience working within Insurance at either a Broker, Syndicate or Intermediary in a technical capacity will contribute to your success in securing this role. You will have experience in the insurance industry, ideally in the London Market with an understanding of how important the DUA functions are. You will be a confident communicator, have an ability to build relationships, desire to learn and develop your career and a keen eye for detail. Ideally, you will have an understanding of DCOM, Atlas and Xchanging and previous experience with PPL but training will be given.What you'll get in returnFlexible working options available.You'll be offered a competitive salary depending on experience 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.