Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support teams with delegated authority business and manage binding authorities.
- Company: Join a global Lloyd's Broker specializing in unique insurance solutions.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a growing team that values quality service and personal connections.
- Qualifications: Experience in insurance or related fields is preferred, but passion and willingness to learn matter most.
- Other info: This role offers a chance to work in a niche market with diverse insurance classes.
The predicted salary is between 36000 - 60000 £ per year.
Your new company Your new company is proud to be a smaller niche independent established Lloyd\’s Broker based in the heart of the City and with offices across the world. They have offices in over 12 countries and over 100+ staff worldwide, specialising in unique insurance solutions. The business has expanded, and they deal with specialist classes to include Property, Marine, Fine Art and Specie, Construction, Aviation, Energy, Real Estate, Professional Indemnity and Cyber Risk. Your new company are uniquely positioned to provide their customers with quality insurance solutions, advice and personal services. Due to substantial growth within the Technical team a permanent position for a Binder Technician/ Senior Binder Technician has arisen. Your new role Your new role working as a Binder Technician or Senior Binding Authority Technician means you will be providing guidance and support to teams in relation to Delegated authority business and assisting in the management of all Internal and Third-Party binding authorities including the monitoring of declarations and bordereaux. Duties will include preparing new and renewal contracts for all delegated authority business, preparing renewal presentations and statistics for all binding authorities and/or line slips, and provide reporting, addressing DA performance, and ensuring binding authority limits and guidelines are adhered to. Other duties will also include the manag…
Binder Technician employer: Hays Specialist Recruitment Limited
Contact Detail:
Hays Specialist Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Binder Technician
✨Tip Number 1
Familiarize yourself with the specific types of insurance solutions that the company specializes in, such as Property, Marine, and Cyber Risk. This knowledge will not only help you understand the role better but also demonstrate your genuine interest during discussions.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience with delegated authority business. Engaging with them can provide valuable insights and potentially lead to referrals or recommendations.
✨Tip Number 3
Stay updated on the latest trends and regulations in the insurance sector, particularly those affecting binding authorities. This will show your commitment to the field and your ability to adapt to changes.
✨Tip Number 4
Prepare to discuss your experience with contract preparation and performance reporting in detail. Be ready to share specific examples of how you've successfully managed similar responsibilities in previous roles.
We think you need these skills to ace Binder Technician
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Binder Technician position. Understand the key responsibilities and required skills, such as managing delegated authority business and preparing contracts.
Tailor Your CV: Customize your CV to highlight relevant experience in insurance, particularly in areas like delegated authority, contract preparation, and performance reporting. Use specific examples that demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of the company and its niche in the insurance market. Explain why you are a good fit for the role and how your skills align with their needs.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application shows attention to detail, which is crucial in the insurance industry.
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Understand the Company and Its Niche
Before your interview, take some time to research the company’s unique position in the insurance market. Familiarize yourself with their specialties like Property, Marine, and Cyber Risk. This knowledge will help you demonstrate your genuine interest and understanding of their business.
✨Showcase Your Technical Skills
As a Binder Technician, you'll need to highlight your experience with delegated authority business and binding authorities. Be prepared to discuss specific examples from your past roles where you successfully managed contracts or improved processes related to binding authorities.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Think of situations where you had to monitor declarations or manage performance metrics, and be ready to explain how you approached these challenges.
✨Emphasize Team Collaboration
Since the role involves providing guidance and support to teams, be sure to share examples of how you've effectively collaborated with others in previous positions. Highlight your communication skills and your ability to work within a team to achieve common goals.
