Job description
Job Title: Insurance Binder Technician
Location: London
Working format: Hybrid
Salary: Competitive Salary (negotiable depending on experience) + Benefits
An exciting opportunity has arisen for an experienced Binder Technician to join a growing and well-respected London Market insurance broker. This is an excellent opportunity to become part of a collaborative technical team supporting a varied portfolio of delegated authority business.
You will play a key role in managing binder administration and technical processing across the full policy lifecycle, working closely with brokers, underwriters and coverholders to ensure efficient delivery and regulatory compliance.
Key Responsibilities:
* Preparation, issuance and maintenance of binders, endorsements and related market documentation
* Managing delegated authority agreements and ensuring accurate processing throughout the lifecycle
* Processing premiums, bordereaux and monitoring settlement activities
* Liaising with brokers, underwriters, coverholders and internal stakeholders to resolve technical queries
* Supporting renewals, contract changes and binder reporting requirements
* Ensuring compliance with Lloyd's and London Market standards and procedures
Experience Required:
* Previous experience within a Binder Technician, Delegated Authority, Technical Processing or Operations role
* Good understanding of binders, delegated authority processes and London Market documentation
* Experience working with slips, endorsements, bordereaux and premium processing
* Strong attention to detail and ability to manage multiple deadlines
* Knowledge of London Market systems would be advantageous
What's on Offer:
* Opportunity to join a growing and supportive business
* Exposure to a broad range of delegated authority business
* Excellent scope for development and progression
* Hybrid working and competitive package