Senior Binding Specialist
2 days ago
Job Title: Senior Binding Specialist
Location: Chelmsford, Essex
Job Type: Permanent
Ref: SJP230720
We are working with a leading MGA based in Chelmsford who is part of a European Group that is rapidly expanding. They are seeking someone to work within the Bordereaux/Binder team.
This role offers a competitive salary and commission share, making it lucrative for the successful applicant.
A cross-section of business includes Accident/Health, Property, and others:
- Tracking timely receipt of premium/risk bordereaux for all delegated underwriting arrangements in place, including contacting brokers for overdue or missing bordereaux and escalating to the Underwriting Manager or Operations Manager as appropriate.
- Undertaking monthly processing, tracking timeliness of premium/risk bordereaux submissions, and performing subsequent reporting on the performance of the underlying accounts.
- Identifying anomalies within the bordereau, liaising with brokers and underwriters, documenting findings, and amending entries in our systems if necessary.
- Assisting with the setup of cover holder/binder information onto the in-house bordereau management system using key details from the slip, ensuring accurate information upload for binders with multiple sections.
- Maintaining compliance with any applicable UK or International statutory or regulatory obligations.
Understanding of the processes and procedures of the Lloyds marketplace is essential.
- Knowledge of binding authorities/bordereaux and cleansing/manipulating bordereaux data would be advantageous.
This is an excellent opportunity for a skilled professional to join The Recruiter Ltd and contribute to the growth of the company.
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