Binding Authority Technician.

Taylor James Resourcing; City Of London; On-site; GBP 40,000 - 45,000; Full time

Job summary

A leading insurance brokerage in London is seeking an experienced Binding Authority Technician to support the Binding Authority team within the Technical Department. Responsibilities include managing the Binding Authority diary, assisting with document production, and general office administration. The role offers a salary of £40,000 - £45,000 plus bonus. Ideal candidates should have experience in a similar technical role within the insurance sector.

Qualifications

• Experience in a technical role within insurance.
• Ability to assist with the production of essential documents like Confirmations of Cover.
• Familiarity with Binding Authority Agreements and related processes.

Responsibilities

• Maintain the Binding Authority diary.
• Assist with Confirmations of Cover and correspondence.
• Submit Binding Authority Agreements to the relevant manager.
• Handle queries regarding submissions.
• Perform general office administration tasks.

Skills

Office administration

Communication skills

Attention to detail

Job description

Overview

This highly regarded and well established Lloyd’s brokers has an excellent market reputation and is now looking for an experienced Binding Authority Technician who will contribute towards the smooth running of the Binding Authority team within the Technical Department, providing support to the Broking and Managed Underwriting departments.

Date: 3 Apr 2023 Sector: INSURANCE Type: Permanent Location: London Salary: £40000 - 45000 per annum Email: [e-mail] Ref: BT923

Responsibilities

• Maintenance/back-up of the Binding Authority diary.
• Assist with production of Confirmations of Cover, Endorsements and other general correspondence.
• Submission of Binding Authority Agreements/Endorsements to Delegated Contract Manager.
• Submission of Binding Authority Agreements/Endorsements/Premium Bordereaux to Xchanging and dealing with any resulting queries.
• General office administration.
• Contract Creation/Submission of Premium Bordereaux to the DDM System.
• To learn and assist where necessary in all areas of the binding authority team.

Role notes

Binding Authority Technician. to £45,000 + bonus