At a Glance
- Tasks: Provide technical support and administration for clients in a dynamic insurance environment.
- Company: Join a leading insurance firm with a strong reputation and values.
- Benefits: Enjoy a competitive salary, generous pension contributions, and private medical insurance.
- Other info: Flexible annual leave, life assurance, and enhanced family leave policies.
- Why this job: Be part of a team that values your input and offers real career growth opportunities.
- Qualifications: CII qualifications are a plus; strong analytical skills and binder process knowledge required.
The predicted salary is between 31500 - 38500 £ per year.
What you’ll do
2 X opportunities have arisen for a Binding Authority Technician to join us on a 15 Month Fixed Term Contract.
Main responsibilities include providing prompt, accurate and effective technical administration (and processing) support directly to clients and business unit.
- Role Responsibilities
- Keep track of impending renewals and provide renewal information to Account Executives in good time to enable terms to be obtained and firm orders placed
- Liaise with Account Executives to ensure all relevant information is gathered in the preparation of market documentation and that it matches the client/market requirements
- Liaise with Account Executives to achieve agreement from markets where required and maintaining diary/pending system to monitor progress
- Accurate and timely production of client documentation
- Maintain accurate and concise placing files, using the corporate document management system
- Liaise with compliance and credit control to ensure all procedures are followed
- Ensure that risk, premium and claim data reports are received, processed and settled within specified timescales and service levels
- Process, monitor and update aggregate numbers and provide relevant commentary on utilisation and monitor premium against GPI
- Work with the output of automated processes and be responsible for maintaining accurate data and records within Binder management system
- Produce exception and trend analysis reporting, profit commission calculation and key performance indicator reports
- Prepare and submit London Market Insurance documentation including submission of LPANs and supporting documents to Xchanging
- Review, monitor and provide resolution to technical questions from clients, markets, credit control, claims and the business unit, to ensure that the client’s best interests are maintained
- Provide updates and progress reports to management as required
- Maintain diary system to ensure that files are appropriately progressed
- Monitor signings received from Xchanging and ensure timely resolution of queries and settlement of premiums and advising the business as required
- Perform quality control checks on all documentation
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market
Qualifications
- CII qualifications, or ongoing progress towards these, is desirable
- GCSE grade C or above in English and Maths
- Minimum of 3 A level passes (or equivalent)
- Knowledge
- Strong analytical skills
- Strong knowledge of binders process
Experience
- Experience working in a technical binder processing role essential
Benefits
- On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Medicare cash plan
- Minimum of 25 days annual leave (with flexibility to buy more)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave
Binding Authority Technician (15 Month FTC) in Slough employer: Miller Insurance Services LLP
Miller Insurance Services LLP is an excellent employer for those seeking to make a meaningful impact in the technology sector. With a strong focus on employee growth and development, we offer a collaborative work culture that encourages innovation and creativity. Our competitive benefits package, including a 10% pension contribution and private medical insurance, ensures that our team members are well-supported both personally and professionally.
Contact Details:
Miller Insurance Services LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Binding Authority Technician (15 Month FTC) in Slough
✨Tap into Local Agencies
For temporary roles like the one at Miller Insurance Services LLP, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Miller Insurance Services LLP knows you can adapt quickly to their needs!
We think you need these skills to ace Binding Authority Technician (15 Month FTC) in Slough
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Miller Insurance Services LLP's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Miller Insurance Services LLP
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Miller Insurance Services LLP. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
