Senior NA Binding Authority Technician FTC

TN United Kingdom; London; On-site; GBP 70,000 - 85,000; Full time

Job summary

Join a dynamic independent Lloyd’s Broker as a Senior Binding Authority Technician in London. This role offers a unique opportunity to oversee operations support for North American clients, ensuring efficient processes and effective broker support. With a competitive salary and flexible working options, this position is perfect for those looking to grow in the London Insurance Market. You will collaborate with a friendly team dedicated to excellence and innovation in insurance broking, while gaining valuable experience and opportunities for further responsibilities.

Benefits

Flexible Working Options

Support from Directors and Managers

Opportunities for Further Responsibilities

Qualifications

• Experience handling North American and Binding Authority business.
• Knowledge of slip creation and renewal processes in London Insurance Market.

Responsibilities

• Oversee efficient end-to-end operations support to Clients and Brokers.
• Manage processes related to IBA, Premium Processing, Claims, and middle office tasks.

Skills

Binding Authority Technician Experience

Knowledge of Slip Creation

Premium Reconciliation

Strong Communication Skills

Adaptability

Job description

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Senior NA Binding Authority Technician FTC, London

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Client:

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

36211610ed43

Job Views:

5

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Your new company

Your 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 to 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 role

As a Senior Binding Authority Technician, your role is to oversee the delivery of efficient end-to-end operations support to Clients and Brokers/Account Executives. Responsibilities include producing MRC slips and endorsements, ensuring effective broker support activities, overseeing third-party service providers, and managing processes related to IBA, Premium Processing, Claims, and middle office tasks. You will assist in preparing key placement documentation, oversee processing functions, support processing technicians, maintain accurate records, support file audit processes, and work with Clients and Brokers on Cash & Credit Control issues.

What you'll need to succeed

Candidates should have previous experience as a Binding Authority Technician handling North American and Binding Authority business, with knowledge of slip creation and renewal processes within the London Insurance Market. Understanding of end-to-end processes, premium reconciliation with IBA/Accounts, and a willingness to learn new tasks and lines of business are essential. Strong communication skills, proactivity, assertiveness, ability to work under pressure, process standardization, adaptability, and computer literacy are also required.

What you'll get in return

Flexible working options are available. The role offers a competitive salary of up to £85,000, depending on experience. You will receive support from Directors and Managers and have opportunities for further responsibilities. Join a growing, friendly team with a vision to develop and expand.