Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support the Binding Authority team with administration and documentation tasks.
- Company: Reputable Lloyd’s broker with a strong market presence.
- Benefits: Competitive salary, bonus opportunities, and a supportive work environment.
- Why this job: Join a dynamic team and kickstart your career in the financial markets.
- Qualifications: Degree in Accounting and a passion for finance.
- Other info: Great opportunity for growth and learning in a collaborative setting.
The predicted salary is between 40000 - 45000 £ per year.
Our client is a small Exchange based Trading and Broking company with an excellent market reputation. They are looking for an experienced Binding Authority Technician who will contribute towards the smooth running of the Binding Authority team within the Technical Department, providing support to the Broking and Managed Underwriting departments.
Responsibilities:
- Maintenance/back-up of the Binding Authority diary.
- Assist with production of Confirmations of Cover, Endorsements and other general correspondence.
- Submission of Binding Authority Agreements/Endorsements to Delegated Contract Manager.
- Submission of Binding Authority Agreements/Endorsements/Premium Bordereaux to Xchanging and dealing with any resulting queries.
- General office administration.
- Contract Creation/Submission of Premium Bordereaux to the DDM System.
- To learn and assist where necessary in all areas of the binding authority team.
Binding Authority Technician. employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing 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 people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their values and how your skills as a Binding Authority Technician can contribute to their success. Tailor your answers to show you're the perfect fit!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. This will help you articulate your experience and skills confidently when it counts.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be just what you’re looking for. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Binding Authority Technician.
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Binding Authority Technician role. Highlight relevant experience and skills that match the job description, like your knowledge of insurance processes and any previous roles in similar environments.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the team. Mention your degree in Accounting and any specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Attention to Detail: As a Binding Authority Technician, attention to detail is key. In your application, provide examples of how you've successfully managed tasks that required precision, like handling premium bordereaux or managing diaries.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Numbers
As a Binding Authority Technician, you'll be dealing with financial data regularly. Brush up on your accounting principles and be ready to discuss how you've applied them in past roles. This shows you’re not just a graduate but someone who can handle the specifics of the job.
✨Familiarise Yourself with the Industry
Research the company and the Lloyd’s market. Understand the role of a Binding Authority Technician within the broader context of reinsurance and broking. Being able to speak knowledgeably about industry trends will impress your interviewers.
✨Prepare for Technical Questions
Expect questions that test your understanding of binding authority agreements and premium bordereaux. Review common processes and be ready to explain how you would handle specific scenarios. This demonstrates your readiness to jump into the role.
✨Show Your Team Spirit
This role involves working closely with various departments. Be prepared to share examples of how you've collaborated in the past. Highlighting your teamwork skills will show that you can contribute positively to the Binding Authority team.
