Binder Processing Specialist — London/Hybrid

Price Forbes; Greater London; Hybrid; GBP 42,000 - 62,000; Full time

Benefits offered by this job

Pension 10%

Life insurance 4x salary

Income protection

Generous annual leave

Private medical insurance

Group annual bonus

Flexible working

Wellbeing programs

Discounts

Job summary

Price Forbes Re is seeking a Binder Processing Specialist to join our Global Client Servicing Team. This role focuses on the technical processing and administration of delegated authority (binder) and proportional treaty reinsurance, including bordereaux management, premium processing, reconciliation and data quality.

The successful candidate will act as a key operational contact for clients, MGAs, coverholders and internal stakeholders, ensuring processing accuracy and timely reporting.

Qualifications

• Experience in insurance or reinsurance operations, processing or delegated authority business.
• Experience handling bordereaux, premium processing or technical accounting activities.
• Strong attention to detail and data accuracy.
• Excellent organisational and communication skills.
• Ability to manage multiple priorities and deadlines.
• Strong Excel and data handling capabilities.

Responsibilities

• Receive, validate and process premium, claims and risk bordereaux.
• Review bordereaux for accuracy, completeness and contractual compliance.
• Investigate and resolve data discrepancies, missing information and processing exceptions.
• Monitor bordereaux reporting schedules and follow up on outstanding submissions.
• Maintain accurate processing records and audit trails.
• Process premium and adjustment transactions within operational systems.
• Support proportional treaty and binder accounting activities.
• Ensure accurate booking and maintenance of contract data.
• Assist with reconciliations and correction of processing issues.
• Support bureau and non-bureau processing workflows where applicable.
• Act as a day-to-day technical contact for clients on processing matters.
• Build strong working relationships with MGAs, coverholders, cedants and broking teams.
• Resolve processing queries promptly and professionally.
• Participate in client meetings and operational review discussions where required.
• Coordinate closely with broking, servicing, IBA and analytics teams.
• Maintain high-quality data within OpenTwins and related systems.
• Support data validation, cleansing and reconciliation activities.
• Work alongside the Prague Analytics team to improve bordereaux quality and reporting outputs.
• Contribute to operational reporting and management information.
• Adhere to internal procedures, service standards and regulatory requirements.
• Escalate risks, delays or material processing issues appropriately.
• Support process improvement initiatives and operational best practice.
• Assist with audit and compliance requests as required.

Skills

Insurance/Reinsurance

Bordereaux

Premium processing

Data accuracy

Excel

Tools

OpenTwins

Job description

Price Forbes Re is seeking a Binder Processing Specialist to join our Global Client Servicing Team. This role focuses on the technical processing and administration of delegated authority (binder) and proportional treaty reinsurance, including bordereaux management, premium processing, reconciliation and data quality.

The successful candidate will act as a key operational contact for clients, MGAs, coverholders and internal stakeholders, ensuring processing accuracy and timely reporting.