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For Companies At a Glance
- Tasks: Administer Binding Authorities and manage agreements in a dynamic insurance environment.
- Company: Global specialty insurance organisation experiencing exciting growth.
- Benefits: Competitive salary, career development opportunities, and a supportive team culture.
- Why this job: Take ownership of your work and build valuable relationships in the insurance sector.
- Qualifications: Previous Binder processing experience is essential for success.
- Other info: Join a thriving team and contribute to innovative insurance solutions.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
A great opportunity to join a Global Insurer within their Operations division to focus on their Binder business.
You will be part of the team responsible for overseeing the day to day workflow process of the outsourced Binder and Bordereaux mapping and upload functions provided by the outsourced service providers.
You will assist the Binding Authority manager with the Claims and Premium Bordereaux reconciliation's, assist with completion of monthly compliance checks and have an active part in any systems and process improvements within the division.
The successful candidate will have some experience of Binder processing and knowledge of Bordereaux reporting. You must also have strong IT skills and be keen to be part of an integral operations division.
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Binding Authority Technician employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Binding Authority Technician
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those in Binding Authority roles. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your Binder processing knowledge. Be ready to discuss your past experiences and how they relate to the role. We want to see your passion for the industry shine through!
✨Tip Number 3
Showcase your organisational skills! Since you'll be managing your own workload, highlight any tools or methods you use to stay on top of tasks. This will demonstrate your ability to handle the responsibilities of the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Binding Authority Technician
Some tips for your application 🫡
Show Off Your Binder Experience: Make sure to highlight your previous binder processing experience in your application. We want to see how you've handled similar responsibilities before, so don’t hold back on the details!
Tailor Your Application: Take a moment to customise your application for this role. Use the job description as a guide and align your skills and experiences with what we’re looking for in a Binding Authority Technician.
Be Clear and Concise: When drafting your application, keep it clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like contracts and regulatory information.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our growing team.
How to prepare for a job interview at IPS Group
✨Know Your Bindings
Make sure you brush up on your knowledge of binding authorities and the specific processes involved. Familiarise yourself with the terminology and regulations that are relevant to the role, as this will show your potential employer that you're serious about the position.
✨Showcase Your Experience
Be ready to discuss your previous binder processing experience in detail. Prepare examples of how you've efficiently managed workloads and built relationships in past roles. This will help demonstrate your capability to take ownership of your responsibilities.
✨Understand the Company
Research the global specialty insurance organisation and its Binding Authority Division. Knowing their values, recent developments, and how they operate will allow you to tailor your answers and show that you're genuinely interested in being part of their team.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This could be about the team dynamics, the tools they use for updating Atlas, or how they ensure compliance with regulatory information. It shows you're engaged and eager to learn more about the role.
