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Binding Authority Technician - Lloyd's Broker

Employer
HFG
Location
City of London, England, London
Salary
Negotiable
Closing date
19 May 2024
Reference
BAT001

View more

Sector
General insurance
Contract Type
Permanent
Hours
Full Time

Job Details

New Vacancy - Binding Authority Technician
Lloyd's Broker
City of London

HFG are currently recruiting for a leading Lloyd's Broker who are seeking a Binding Authority Technician to join their growing team.

This role will consist of an even split of premium processing, drafting contracts and general client relationship handling. Experience with European binder contracts is preferred but not essential and the successful candidate must be comfortable using DCOM and Atlas.

Key Responsibilities

  • Creating and updating binding authority agreements for new and existing policies, as well as making changes mid-term.
  • Updating ATLAS and DCOM systems.
  • Managing contracts and premium bordereaux using internal systems and IMR.
  • Communicating with clients about contracts, reporting, and premium payments.
  • Providing underwriters with bordereaux and premium updates.
  • Analyzing risk level data and preparing reports for underwriters.
  • Updating and managing records in internal broking systems.
  • Maintaining monitoring spreadsheets. Training less experienced team members on these tasks.
  • Performing other duties as needed.

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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