Binding Operations Manager

JR United Kingdom; Woking; On-site; GBP 76,000 - 90,000; Full time

Job summary

A dynamic Specialty Insurance organization is seeking a Binding Operations Manager in Bishopsgate. This pivotal role involves managing data accuracy, overseeing outsourced operations, and reporting for management while offering an attractive salary up to £90,000 and significant benefits.

Benefits

Up to 40% Bonus

Private Medical for family

BUPA Blue Health

0% interest season ticket loans

Free on-site Gym

Qualifications

• Minimum of 10 years in the Insurance industry.
• Operations/Management experience with outsourced providers.
• Proficiency in MS Office, especially Word, Excel, and Outlook.

Responsibilities

• Manage risk capture and endorsement processing.
• Ensure data accuracy and efficiency in underwriting system.
• Coordinate with Actuarial team for monthly updates.

Skills

Communication

Relationship Building

Data Analysis

Education

10 years of experience in the Insurance industry

Tools

MS Office

Job description

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MERJE is delighted to be partnered with a fast-growing and dynamic Specialty Insurance organization in their search for a talented Binding Operations Manager.

This role is office-based 5 days a week in Bishopsgate

Along with an excellent salary of up to £90,000, our client offers market-leading benefits, including:

• Up to 40% Bonus (20% on target)
• Private Medical for you and your family
• BUPA Blue Health
• 0% interest season ticket loans
• Free on-site Gym
• + much, much more

Your new role:

An essential part of the Technical Operations Team, responsible for managing and completing risk capture and endorsement processing to ensure accurate and timely data recording.

Responsibilities include:

1. Binding/Slip Processing: Ensuring data entry and accuracy within the underwriting system from slips and endorsements, liaising with stakeholders, and reviewing processes for efficiency.
2. Outsourced Management: Maintaining SOPs, ensuring SLAs and KPIs are met by outsourced providers.
3. Earnings: Coordinating with the Actuarial team to update earning patterns monthly.
4. Data Quality: Maintaining data accuracy, training teams, and collaborating with Data Quality teams to improve data integrity.
5. Performance Monitoring & Reporting: Overseeing month-end procedures, workload prioritization, audit support, and reporting for management.

Minimum Qualifications, Skills & Experience:

• Minimum of 10 years in the Insurance industry
• Operations/Management experience, including managing outsourced providers
• Understanding of Underwriting and Policy Administration systems
• Proficiency in MS Office, especially Word, Excel, and Outlook
• Strong communication and relationship-building skills
• Ability to analyze reports and work under tight deadlines