Binding Authority Technician (15 Month FTC)

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