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Senior Binding Authority Technician
£45000.00 - £50000.00 per annum
City of London, Greater London
MW Appointments
Work for 3 days per month in the City with the rest of the time working remotely from home. Our client is a leading Lloyds registered broker with a global portfolio of clients across a diverse range of different industry sectors.
The Senior Operations Technician will be a key member of a dedicated technical support team that provides a range of operational support functions within the specialist Binding Authority division.
OVERVIEW:
* Production and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyd's and internal procedures/guidelines
* Production of Endorsements as appropriate
* Amendment of Wordings/Slips as appropriate
* Submitting documents to the Bureaux/XIS and ensuring all bordereaux are chased up, received, processed and paid to relevant bureaux within settlement due dates
* Producing debit/credit notes and processing premiums onto internal systems
* Maintaining internal systems accurately and efficiently
* Maintaining statistical information as required
* Ensure that company procedures and systems are followed and reviewed
* Manage own files as per internal Procedures Manual
WHAT YOU NEED TO SHOW:
* Minimum 3 years previous experience in a similar role
* Good knowledge and understanding of London Market procedures
* Good knowledge of Lloyds Delegated Authority systems (DCOM, Atlas, DDM)
* Good knowledge of general insurance policies and underlying legal procedures
* Good knowledge of the regulatory requirements of general insurance in operation at any time
WHAT IS ON OFFER:
* Salary to £50,000 p.a. + benefits package
* Flexible remote working
* Induction, training and on-going support
REF: 9880
Interested? Please apply today and we will contact you by return.
MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.
MW Appointments is acting as an Employment Agency in relation to this vacancy.
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