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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 this role.
- 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 lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your Binder processing knowledge. Be ready to discuss your previous 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 this role involves managing your own workload, be prepared to share examples of how you've successfully handled multiple tasks or projects in the past.
✨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 keywords from the job description and relate your skills to the specific tasks mentioned, like drafting agreements and updating Atlas.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like regulatory information and contracts.
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 Binding Authority Division.
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
Prepare to discuss your previous binder processing experience in detail. Think of specific examples where you successfully managed agreements or improved processes. This will help demonstrate your capability to take ownership of your workload.
✨Ask Insightful Questions
Come prepared with questions that show your interest in the company and the Binding Authority Division. Inquire about their current projects or challenges they face. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.
✨Demonstrate Attention to Detail
Since the role involves drafting and updating agreements, it’s crucial to highlight your attention to detail. You might want to mention any tools or methods you use to ensure accuracy in your work, as this will reassure them of your ability to handle regulatory information effectively.
