Miller Insurance has a new vacancy as a Binding Authority Technician. The purpose of this role is to provide prompt, accurate and effective technical administration (and processing) support directly to clients and business unit.


The Role

  • 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 aggregate and GPI limits are correctly maintained within Binder management systems
  • 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
  • Ensure Binding Authority contracts are set up within internal Binder management systems in a timely fashion
  • 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

Qualifications 

  • CII qualifications, or ongoing progress towards these, is desirable
  • GCSE grade C or above in English and Maths
  • Minimum of 3 A level passes (or equivalent)

Knowledge 

  • Strong analytical skills
  • Strong knowledge of binders process

Experience

  • Experience working in a technical binder processing role essential
  • Experience with the use of Lloyd’s market tools including Atlas, DCOM and Crystal

Benefits

On top of a competitive salary we offer a fantastic benefits package including:

  • 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
  • Private Medical Insurance
  • Medicare cash plan
  • Minimum of 25 days annual leave (with flexibility to buy or sell)
  • Life Assurance
  • Income Protection
  • Critical Illness cover
  • Enhanced Maternity, Paternity Adoption and Shared Parental Leave

** Miller is committed to providing equal opportunities to all applicants and to creating an inclusive working environment for all.