Binder Technician Assistant

Binder Technician Assistant

London Internship 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Binding Authority team and learn the ins and outs of binding contracts.
  • Company: Acrisure is a leading global insurance broker with a focus on innovation and growth.
  • Benefits: Enjoy professional development, mentoring, and a culture that values diversity and inclusion.
  • Why this job: Shape your career in a dynamic environment while making a real impact in the insurance industry.
  • Qualifications: Proficiency in Microsoft Excel and strong organisational skills are essential.
  • Other info: Be part of a rapidly growing company that values your unique perspective.

The predicted salary is between 30000 - 42000 £ per year.

About the team and the job: Working as part of the Binding Authority team, in this role you will be trained, and become proficient, in the technical servicing processes for the management of binding authorities and consortia agreements.

How you'll contribute:

  • Gain an understanding on how binding authority and consortia contracts work and assist when required with the utilisation of the WHITESPACE placement platform for binding authority contracts, consortia agreements and associated endorsements.
  • Assist with the completion of Lloyd's DCOM for binding authority contracts and associated endorsements providing advice to the team and liaison with Underwriters when required.
  • Assist the team with the oversight and distribution to carriers of Coverholder risk bordereaux, ensuring bordereaux are received and distributed in line with internal service level agreements (SLA's) and binding authority contract conditions.
  • Assist with the administration of profit commission data, working with Operations and Claims teams in obtaining data as required.

Requirements:

  • Proficient in Microsoft Excel.
  • Agility in an evolving market place.
  • Strong organisational skills.
  • Appreciation of current industry issues.
  • Proactivity and responsibility for quality, completeness and accuracy of work.

About Us: Acrisure is an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance. Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace.

Our Ethos: Acrisure prides itself in achieving greatness through its people. We are a flat structure organisation that sees the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there. We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion. At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organisation. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business!

Binder Technician Assistant employer: Acrisure UK Retail Limited

Acrisure is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are empowered to shape their careers with the support of comprehensive training and development opportunities. Located in London, the Binder Technician Assistant role offers a unique chance to be part of a rapidly growing team within one of the largest privately held insurance brokerages globally, ensuring that you are at the forefront of innovative solutions in the insurance industry. With a commitment to diversity and professional growth, Acrisure provides the tools and resources necessary for meaningful and rewarding employment.
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Contact Detail:

Acrisure UK Retail Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Binder Technician Assistant

✨Tip Number 1

Familiarise yourself with the WHITESPACE placement platform. Understanding how this system works will give you a significant advantage, as you'll be able to demonstrate your readiness to assist with binding authority contracts and consortia agreements right from the start.

✨Tip Number 2

Brush up on your knowledge of Lloyd's DCOM processes. Being well-versed in these procedures will not only help you in your role but also show your potential employer that you're proactive and serious about contributing effectively to the team.

✨Tip Number 3

Develop strong organisational skills by practising time management techniques. Since the role involves overseeing and distributing risk bordereaux, being organised will help you meet internal service level agreements and manage multiple tasks efficiently.

✨Tip Number 4

Stay updated on current industry issues and trends. This knowledge will not only enhance your understanding of the market but also enable you to engage in meaningful discussions during interviews, showcasing your enthusiasm for the role and the industry.

We think you need these skills to ace Binder Technician Assistant

Proficiency in Microsoft Excel
Strong organisational skills
Understanding of binding authority and consortia contracts
Knowledge of WHITESPACE placement platform
Familiarity with Lloyd's DCOM processes
Attention to detail
Ability to liaise with Underwriters
Proactivity in managing tasks
Understanding of Coverholder risk bordereaux
Ability to work with Operations and Claims teams
Appreciation of current industry issues
Responsibility for quality, completeness, and accuracy of work
Adaptability in an evolving market

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Binder Technician Assistant. Familiarise yourself with binding authorities, consortia agreements, and the WHITESPACE placement platform to demonstrate your knowledge in your application.

Highlight Relevant Skills: Emphasise your proficiency in Microsoft Excel and strong organisational skills in your CV and cover letter. Provide specific examples of how you've used these skills in previous roles or projects.

Tailor Your Application: Customise your CV and cover letter to reflect the requirements mentioned in the job description. Mention your understanding of current industry issues and your proactive approach to work, as these are key attributes for the role.

Show Enthusiasm for Learning: Express your eagerness to learn and grow within the company. Mention any relevant courses or training you've undertaken, and highlight your willingness to engage with Acrisure's learning resources and professional development opportunities.

How to prepare for a job interview at Acrisure UK Retail Limited

✨Understand Binding Authorities

Make sure you have a solid grasp of how binding authority and consortia contracts work. Familiarise yourself with the key terms and processes, as this will show your potential employer that you're serious about the role.

✨Excel Proficiency is Key

Since proficiency in Microsoft Excel is a requirement, brush up on your skills before the interview. Be prepared to discuss how you've used Excel in previous roles or projects, especially in relation to data management and analysis.

✨Show Your Organisational Skills

Demonstrate your strong organisational skills by providing examples from past experiences where you successfully managed multiple tasks or projects. This will highlight your ability to handle the responsibilities of the Binder Technician Assistant role.

✨Be Proactive and Detail-Oriented

Emphasise your proactive approach to work and your commitment to quality and accuracy. Share instances where you took initiative to improve processes or ensure the completeness of your work, as this aligns with the company's ethos.

Binder Technician Assistant
Acrisure UK Retail Limited
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