Binding Authority Technician

England, London, City of London
£35000 - £45000 per annum + Benefits
04 May 2021
11 May 2021
Frank Hubbard
Job Title
Credit Controller
Contract Type
Full Time
A market leading Lloyd's insurer are looking for a Binding Authority Technician to join their expanding finance team.

The main responsibilities for this Binding Authority Technician position will include to:

Analyse accounts to determine premium expected and overdue, and to follow up with Brokers and UnderwritingAnalysing market systems, internal underwriting, credit control and financial systems for accounts placed via LloydsCash allocationRegular communication both written and face to face with underwriting teamsCarry out production of Aged Debt reports / MI for the Syndicate pack.Any ad hoc projects arising from Operation functions.Identification, resolution and documentation of quality issues to cleanse data as required and feed documentation into continuous improvement.The successful candidate for the Binding Authority Technician position will need to have extensive insurance knowledge and have have an understanding of Binding Authorities and be able to read and understand slips and ideally have knowledge of Xchanging systems.