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Binding Authority Technician

High Finance (UK) Limited T/A HFG
Job LocationLondon
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

New Vacancy - Binding Authority TechnicianCity of London / HybridLloyds BrokerI am currently recruiting for a reputable Lloyds Broker who are seeking a Binding Authority professional to join their growing client services team.Due to growth plans, they need someone to come in to effectively be a number two to the manager - assisting with processing, technical support and client queries. Experience using DCOM and Atlas is preferred.Key Responsibilities

  • Support the broking team by providing global broker assistance, preparing renewal statistics and documentation for market placement.
  • Offer reliable technical support by creating and preparing global market and client documents, particularly focusing on slip production, wording, and clauses knowledge.
  • Assist in drafting client evidence of coverage, such as Debit/Credit Notes and related documents.
  • Generate monthly bordereau and statistics, including loss ratios, earned to incurred, triangulations, and profit commissions.
  • Maintain and update internal paper & electronic systems, databases, and workflows to adhere to Contract Certainty and regulatory guidelines.
  • Utilize Broking Systems to accurately produce documents and accounting entries.
  • Submit Slips and LPANs to the Bureau (XIS) for signing, and utilize London Market portals like XIS Insurance Portal, IMR, and Lineage to support their role.
  • Aid in client communication to promptly address global queries, data requests, and resolve issues to ensure client satisfaction.
  • Cultivate strong relationships with global markets, clients, and colleagues to deliver optimal service to clients.
  • Continuously review client service delivery to achieve optimal client satisfaction.

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