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Binder Technician Assistant

Starr Underwriting

London

On-site

GBP 28,000 - 40,000

Full time

7 days ago
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Job summary

A leading company in the insurance industry is seeking a candidate to join their Binding Authority team. This role focuses on technical servicing processes for binding authorities and consortia agreements, requiring proficiency in Excel and strong organizational skills. The position offers an opportunity to develop your career within a dynamic team committed to innovation and professional growth.

Qualifications

  • Proficient in Microsoft Excel.
  • Strong organizational skills.
  • Ability to work in an evolving market.

Responsibilities

  • Assist with understanding binding authority and consortia contracts.
  • Complete Lloyd's DCOM for binding authority contracts.
  • Oversee distribution of Coverholder risk bordereaux.

Skills

Microsoft Excel
Organizational Skills
Proactivity

Job description

About the team and the job:

Working as part of the Binding Authority team, in this role you will be trained, and become proficient, in the technical servicing processes for the management of binding authorities and consortia agreements.

How you'll contribute:

  • Gain an understanding on how binding authority and consortia contracts work and to assist when required with the utilisation of the WHITESPACE placement platform for binding authority contracts, consortia agreements and associated endorsements.
  • Assist with the completion of Lloyd's DCOM for binding authority contracts and associated endorsements providing advice to the team and liaison with Underwriters when required
  • To assist the team with the oversight and distribution to carriers of Coverholder risk bordereaux, making sure bordereaux are received and distributed in line with internal service level agreements (SLA's) and binding authority contract conditions
  • Assist with the administration of profit commission data, working with Operations and Claims teams in obtaining data as required

Requirements:

  • Proficient in Microsoft Excel
  • Agility in an evolving market place
  • Strong organisational skills
  • Appreciation of current industry issues
  • Proactivity and responsibility for quality, completeness and accuracy of work

About Us

Acrisure is an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance.

Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure's dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

Our Ethos

Acrisure prides itself in achieving greatness through its people. We are a flat structure organisation that see the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there.

We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion.

At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organisation. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business!

We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or InMail's with resumes/CV's as they will not be accepted or credited.

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