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Senior NA Binding Authority Technician FTC

Hays Specialist Recruitment Limited
Posted a day ago, valid for a month
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 an Independent Lloyd's Broker with over a hundred years of experience in London market insurance broking.
  • They are currently seeking a Senior Binding Authority Technician for a 12-month fixed-term contract due to expansion in their North American team.
  • The role requires previous experience as a Binding Authority Technician, specifically handling North American business and putting together binding authority slips, along with DCOM exposure.
  • The position offers a competitive salary of up to £85,000, depending on experience, and provides opportunities for professional growth within a supportive team environment.
  • Candidates must have at least some prior experience in the London Market insurance sector to be considered for this role.

Your new companyYour new Brokers are an Independent Lloyd's Broker providing specialist solutions to their clients who access a wide range of markets on their behalf. They are a boutique Lloyd's Broker, with a tradition of London market insurance broking stretching back over a hundred years. They are focused on all classes of business where the London Market provides significant global expertise and capacity. With over 12 offices around the world they consider themselves a fast-growing business, currently employing over 1400 professionals worldwide, who are dedicated in providing their clients with the service they require. Due to expansion within the North American team an opportunity for a Senior Binding Authority Technician has arisen for a 12 month fixed term contract.Your new roleYour new job working as a Senior Binding Authority Technician means the objective of this role is to oversee the delivery of an efficient and enhanced end to end operations service to both their Clients and Brokers/Account Executives. Duties will include MRC slip and Endorsements production, ensuring effective delivery of all Broker Support activities, overseeing the service delivery provided by 3rd party providers, and awareness of end-to-end processes relative to IBA, Premium Processing, Claims and middle office tasks. Duties will also be assisting in the preparation of key placement documentation, initiating and overseeing the processing function, supporting the processing technicians. Further duties include maintaining an accurate and compliant record of the placement, supporting the internal File Audit process working with the File Review and Internal Audit team as appropriate, and working with Clients and Brokers to address Cash & Credit Control issues.What you'll need to succeedYour previous experience working as a Binding Authority Technician handling North American and Binding Authority business will contribute to your success in securing this role. You will have experience of putting binding authority slips together and understanding the renewal slip process within the London Insurance Market and have DCOM exposure. You will understand the end to end process and interact with IBA/Accounts to reconcile premiums. You will have a desire to learn new tasks and new lines of business, an ability to communicate with Clients and colleagues in a professional and respectful manner, be proactive and assertive and be able to work under pressure. You will also have the ability to standardise the processes within the team, embrace change and embed new processes as well as be computer literate.PLEASE ONLY APPLY IF YOU HAVE EXPERIENCE WORKING AS A LONDON MARKET INSURANCE TECHNICIAN WITH EXPERIENCE OF PUTTING BINDING AUTHORITY SLIPS TOGETHER AND DCOM EXPOSURE, THIS ROLE IS A 12 MONTH FTCWhat you'll get in returnFlexible working options available.You'll be offered a competitive salary of up to £85,000, depending on experience. You'll receive support from both Directors and Managers and be given the opportunity to take on further duties and responsibility in the future. You'll enjoy working as part of a growing and friendly team with a unique vision to grow and develop.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.