Average Authority Technician salary in the UK

To provide a first-class service to Agents and Coverholders covering all aspects of their Delegated Authority Insurance Arrangements. Duties: Ensuring high professional standards and continual improvements in service deliveryEnsuring that the Company’s systems, compliance and procedures are followed at all times, in accordance with the company’s compliance and procedure manualsChecking formal documents for accuracy prior to processing and issuance of formal documentation to clients and marketsSubmitting Policy documentation to signing offices where applicable (both bureaux and non-bureaux)Processing of transactional via Internal processing systemProducing debit/credit notes and bureau submissions where requiredHandling and resolving client and queries in respect of both Policy and Premium issuesEnsuring that diary checks (manual and electronic) are maintainedMaintaining statistical information including Earned to Incurred figures and Profit Commissions as requiredMaintaining electronic filing system is up to date at all timesAssisting with the team with Ad hoc duties or covering colleagues where requiredMeeting and adhering to agreed service levels and SLA'sProduction and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyds and Company procedures and guidelinesProduction of endorsements where required Experience: Good knowledge of the regulatory requirements of general insurance in operation at any timeGood knowledge of FCA regulations and guidelines relating to both private and commercial customers.Willingness to continue to develop knowledge of products and related issues through formal and informal learning, both internally and externally to the firm.Experience in a similar role This client offers remote working with occasional visits to their London office

Our client who is a Lloyds Broker is looking for a Technician to join their expanding Non-Marine Delegated Authority department in the London office. The purpose of the role is to provide a first-class service to Agents and Coverholders covering all aspects of their Delegated Authority Insurance arrangements. Main Duties: Checking formal documents for accuracy prior to processing and issuance of formal documentation to clients and marketsSubmitting Policy documentation to signing offices where applicable (both bureaux and non-bureaux)Processing of transactional via Internal processing systemProducing debit/ credit notes and bureau submissions where requiredHandling and resolving client and queries in respect of both Policy and Premium issuesEnsuring that diary checks (manual and electronic) are maintained Maintaining statistical information including Earned to Incurred figures and Profit Commissions as requiredMaintaining electronic filing system is up to date at all timesAssisting with the team with Ad-hoc duties Meeting and adhering to agreed service levels and SLA'sProduction and renewal of Binding Authorities / Slips, ensuring all are in acceptable order in line with both Lloyds and Company procedures and GuidelinesProduction of MRCE Endorsements where required Essential Skills Required: Previous experience within a similar Lloyds Technical role Strong Insurance experience/ understandingKnowledge within Delegated Authority/ Binders Desirable: Good organisation skills Attention to detailAbility to apply own judgement and experience when making decisions or giving advice to clientsStrong IT skills What you need to know: Permanent roleHybrid role - home based with occasional days in London OfficeSalary between £35,000 - £39,000A great opportunity to join a growing organisation with lots of training and development opportunities.A very inclusive and fair opportunities employer REF: 9291 Interested? Please apply today and we will contact you by return. MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector. MW Appointments is acting as an Employment Agency in relation to this vacancy.

We are working with our client, a leading Lloyds Broker, who are looking to hire a Binding Authorities Technician to their growing team in London. In this role, you will be drafting new and renewal binding authority agreements, processing contracts and premium bordereaux, using IMR and other internal broking systems. The ideal candidate would need either current or previous exposure working in binding authorities in the Lloyds of London Insurance Market in a technical role. This job is working only 2 days a week in London with amazing benefits and flexibility. An excellent opportunity to excel your career in Insurance and take it to the next level ! Please Apply if interested.