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Binding Authority Technician

6 months ago

London, United Kingdom HFG Insurance Recruitment Full time

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.