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Technician, Binder

Job Ref

GJABTA

Salary

£35, 000 - £45,000 plus excellent benefits

Location

London, UK

Working Pattern

Full Time
3 days a week office based in London & Remote Working

Job Type

Technician

Class of Business

Non Marine & Marine Lines of business

About the Role

Our client is recruiting for a Technical Analyst. It is working for an outstanding Lloyd’s Broker based in the City joining their growing team.

Experience in Binders business is key, the successful person will handle multiple classes of business, mainly Non-Marine & Marine and focus on US business.

This is a fantastic business, that encourages personal and professional development of employees both internally and outside of the business. They will offer funding for further insurance qualifications and further market initiatives.

Key Responsibilities

  • Support the Brokers and account managers in the London office by performing contract input and invoice production for London produced business.

  • Report on status of contracts to ensure external and internal timelines are being met.

  • Work with brokers on contract language to ensure best practice in terms of closing to markets.

  • Respond to ad hoc queries or provide reports relating to contract and transaction status internally or externally.

  • FDO submission

  • Bordereaux analysis (Written and Paid)

  • Premium processing

  • Assisting cash allocation

  • Xchanging submissions / query resolution

  • Statistical reporting

  • Profit Commission calculations

  • Williness to get involved in Wholesale and Reinsurance business

Key Skills & Experience

The client is seeking someone who has experience of Binding Authority processes and a good working knowledge of London Market A&S procedures

You should have knowledge of BA systems and Open Twins would be an advantage but not essential

Someone with strong communication skills who is highly organised and works well under pressure.

    All applicants must have a permanent right to work in the UK

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