MW Appointments.
London (Central)
£30000.00 - £45000.00 per annum
07 Aug 2018
30 Aug 2018
BINDER PROFESSIONAL - CITY - to £45,000 About the Role: New Central Binder Unit at an established Lloyds Broker in the City is looking for an experienced Insurance Professional to support broking units with day-to-day relationships with underwriters and Coverholders by the servicing all aspects of Binding Authority processing. Prepare analytics, statistics to Coverholder, Underwriter and Business Units. Key Duties: ·Liaise with Brokers and/or Coverholders and prepare and populate Model Binding Authority Agreements and Market Reform Binding Authority Endorsements with appropriate information. ·Prepare Model Binding Authority Agreements and Market Reform Binding Authority Endorsements along with supporting documentation in accordance with template requirements. ·Prepare analytics and statistics required in order to support the placement of Binding Authorities by the broking units ·Ensure timely set up of FDO signings for Lloyd's Binding Authorities ·Create and check market documentation and Coverholder documentation prior to obtaining authorised signatories. ·Create records of new and renewal Binding Authority Agreements within required systems; bordereaux management system, BARs, Lineage etc. ·Support and work with the broking units in maintaining positive Coverholder relationships ·Check and monitor the receipt and content of monthly or quarterly Underwriting or Risk Level Data bordereaux, Paid Premium bordereaux, Claims paid and Outstanding bordereaux in conjunction with Offshore team ·Create Excel spread sheets detailing data for in-force risks by Binding Authority Agreement or Coverholder using bordereaux management system or not. ·Provide a central point for all market queries relating to Binding Authority Agreements. Key Experience: ·Ideally data reporting experience ·General knowledge of insurance/broker/reinsurance markets and the processes of a London Insurance Broker. ·Ideally understanding and experience of Marine (re)insurance. ·Understand the need for accurate and timely management information ·IT systems, e.g. Microsoft Office and specific industry systems such as Brokasure, ATLAS, BARs, Lineage, Mocha, Crystal, Risk Locater Tool and Lloyd's QA tool. ·Good understanding of Word, Excel and PowerPoint. Ref 6275 MW Appointments is acting as an Employment Agency in relation to this vacancy. This job was originally posted as