At a Glance
- Tasks: Draft and manage Binding Authority Agreements while collaborating with clients and underwriters.
- Company: Join a leading Lloyd's Broking House in the heart of London.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with opportunities to enhance your skills and career.
- Why this job: Be part of a rapidly growing team and make a real impact in the insurance industry.
- Qualifications: Experience in preparing Binding Authority Contracts and familiarity with ATLAS, PPL, and DCOM.
The predicted salary is between 40000 - 50000 £ per year.
- Binding Authority Operations Professional
- City of London - Hybrid
- Lloyd's Broker
I am currently partnered with a leading Lloyd's Broking House who are seeking an Operations Professional to join their rapidly growing Binding Authority team.
Responsibilities
- Drafting New and Renewal Binding Authority Agreements and mid-term Endorsements.
- Updating ATLAS and DCOM.
- Corresponding with clients regarding Contracts, Reporting and Premium settlements.
- Providing Underwriters with various Bordereaux and Premium updates.
- Updating and Maintaining Internal Broking System Records.
- Updating and Maintaining Monitoring Spreadsheets.
- Processing Contracts and Premium Bordereaux through internal systems and IMR.
- Additional duties as may be required.
Experience required
- Strong experience of being involved in preparing Binding Authority Contracts across Specialty classes of business
- ATLAS, PPL and DCOM experience, someone that has experience using the IMR/dealing with Xchanging.
- Reviewing and processing Premium Bordereaux
Binding Authority Operations Professional in London employer: HFG Insurance Recruitment
Join a leading commercial insurance business in Surrey, where we prioritise a collaborative and inclusive work culture that fosters professional growth and development. As the Head of Compliance & Regulatory Strategy, you will benefit from a competitive salary package, including a generous bonus structure and long-term incentives, all while working alongside industry experts at the forefront of compliance leadership. Our commitment to employee well-being and career advancement makes us an exceptional employer for those seeking meaningful and rewarding opportunities.
StudySmarter Expert Advice🤫
We think this is how you could land Binding Authority Operations Professional in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Binding Authority Operations Professional in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to HFG Insurance Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on HFG Insurance Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at HFG Insurance Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with HFG Insurance Recruitment.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at HFG Insurance Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former HFG Insurance Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
