Senior Binding Authority Specialist

2 weeks ago


London, Greater London, United Kingdom MW Appointments Full time
Binding Authority Technician Opportunity

An exciting opportunity for a skilled Binding Authority Technician to join MW Appointments, a reputable international insurance business accredited as a Lloyds Broker and Coverholder. The role involves managing various technical support functions to facilitate the placement and servicing of binding authorities and open market accounts for European intermediaries.

Key Responsibilities:
  • Documentation preparation and verification for Lloyd's and Company market presentations
  • Creation of Cover and Debit Notes
  • Assistance in developing broking presentations for new and renewal business
  • Processing of risks, premium bordereau, and claims bordereau
  • Claims history review and analysis
  • Accounts procedures handling including credit control and reconciliation
  • Liaising with Xchanging / Velonetic for premium payments
Requirements:
  • Experience in Binding Authority support
  • Knowledge of Lloyds processes and bordereaux management
  • Familiarity with industry regulations and compliance
  • Proficiency in insurance funds processing and policy issuance
  • Experience with insurance management software
Benefits:
  • Competitive salary based on skills and expertise
  • Annual performance bonus and benefits package


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