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Senior Insurance Technician

3 months ago

UK, United Kingdom High Finance Limited Full time

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

I am currently recruiting for a leading Lloyd's Broker who are seeking a Senior Delegated/Binding Authority Technician to join their growing team.

My client is looking for an experienced technician in the DA/Binding Authority space with 5+ years experience to help with the preparation of new/existing binding authorities including endorsements, cover and debit notes, bordereaux processing, lineslips and more. This is a unique role that offers a 4 day working week with full pay.

Key Responsibilities

  • Prepare and generate new or renewed Binding Authorities and associated documents.
  • Create and review documentation for placement in Lloyd's and Company market.
  • Coordinate with X-Changing and other offices for Cover and Debit Notes.
  • Assist in broking presentations and slip endorsements for new and existing business.
  • Manage slips, proposal forms, policy schedules, and endorsements.
  • Compile triangulations monthly.
  • Handle risk and premium bordereau processing.
  • Process claims bordereau and collections promptly.
  • Provide claims history and analysis to stakeholders.
  • Support compliance and regulatory tasks.
  • Manage accounts procedures and financial reconciliations.
  • Ensure accurate Client Money calculations and transfers.
  • Communicate with Velonetic for premium payments and assist with premium signing queries.
  • Maintain compliance with industry regulations and company policies.
  • Understand and utilize various documentation systems such as DCOM, DA SATS, Atlas, Crystal and ECF/CLASS System.

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