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- Tasks: Oversee efficient operations and support clients and brokers in the insurance process.
- Company: Boutique Lloyd’s Broker with a century-long tradition in London market insurance.
- Benefits: Competitive salary up to £70,000, supportive team environment, and growth opportunities.
- Why this job: Join a fast-growing team and make an impact in the dynamic insurance industry.
- Qualifications: Experience as a Binding Authority Technician in the London Market is essential.
- Other info: 12-month fixed-term contract with potential for further responsibilities.
The predicted salary is between 42000 - 84000 £ per year.
Your new brokers are an Independent Lloyd’s Broker providing specialist solutions to their clients who access a wide range of markets on their behalf. They are a boutique Lloyd’s Broker, with a tradition of London market insurance broking stretching back over a hundred years. They are focused on all classes of business where the London Market provides significant global expertise and capacity. With over 12 offices around the world, they consider themselves a fast-growing business, currently employing over 1400 professionals worldwide, who are dedicated in providing their clients with the service they require. Due to expansion within the North American team, an opportunity for a Senior Binding Authority Technician has arisen for a 12-month fixed-term contract.
Your new job working as a Senior Binding Authority Technician means the objective of this role is to oversee the delivery of an efficient and enhanced end-to-end operations service to both their Clients and Brokers/Account Executives. Duties will include MRC slip and endorsements production, ensuring effective delivery of all Broker Support activities. Duties will also be assisting in the preparation of key placement documentation, initiating and overseeing the processing function, supporting the processing technicians. Further duties include maintaining an accurate and compliant record of the placement, supporting the internal File Audit process, working with the File Review and Internal Audit team as appropriate, and working with Clients and Brokers to address Cash & Credit Control issues.
Your previous experience working as a Binding Authority Technician handling North American and/or international and Binding Authority business will contribute to your success in securing this role. You will have experience of putting binding authority slips together and understanding the renewal slip process within the London Insurance Market. You will understand the end-to-end process and interact with IBA/Accounts to reconcile premiums. You will have a desire to learn new tasks and new lines of business, an ability to communicate with clients and colleagues in a professional and respectful manner, be proactive and assertive and be able to work under pressure. You will also have the ability to standardise the processes within the team, embrace change and embed new processes, as well as be computer-literate.
This role is a 12-month FTC.
You’ll be offered a competitive salary of up to £70,000, depending on experience. You’ll receive support from both directors and managers and be given the opportunity to take on further duties and responsibilities in the future. You’ll enjoy working as part of a growing and friendly team with a unique vision to grow and develop.
North American Binders Technical Account Manager - technician (FTC) in London employer: hays-gcj-v4-pd-online
Contact Detail:
hays-gcj-v4-pd-online Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land North American Binders Technical Account Manager - technician (FTC) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who have experience with binding authority. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the London Market and binding authority processes. We recommend practising common interview questions and scenarios related to the role to show you’re ready to hit the ground running.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that role! We’re always looking for talented individuals who fit the bill, so make sure your application stands out by showcasing your relevant experience and enthusiasm.
We think you need these skills to ace North American Binders Technical Account Manager - technician (FTC) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of a Senior Binding Authority Technician. Highlight your experience with binding authority slips and any relevant work in the London Insurance Market. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the job description, and don’t forget to show your enthusiasm for joining our team at StudySmarter.
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon and make sure your key achievements stand out. We appreciate straightforward communication, so let us see your best self without any fluff!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at hays-gcj-v4-pd-online
✨Know Your Stuff
Make sure you brush up on your knowledge of binding authority slips and the renewal slip process within the London Insurance Market. Being able to discuss specific examples from your previous experience will show that you’re not just familiar with the terminology, but that you can apply it in real-world scenarios.
✨Showcase Your Proactivity
During the interview, highlight instances where you've taken the initiative to improve processes or solve problems. This role requires someone who can standardise processes and embrace change, so demonstrating your proactive nature will set you apart from other candidates.
✨Communicate Clearly
Since this position involves working closely with clients and brokers, practice articulating your thoughts clearly and professionally. Use examples that showcase your ability to communicate effectively under pressure, as this is crucial for success in the role.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This shows your genuine interest in the company and the role. You might want to ask about their approach to client relationships or how they support their team in adapting to new processes.
