Binder Technician

Acrisure Re is a leading re/insurance intermediary and corporate advisor/broker dealer offering bespoke and innovative capital risk and program solutions. Our expert multi-disciplinary team leverage their combined experience market data and leading analytics to provide the very best placement and execution strategies.

RESPONSIBILITIES:

The primary focus of the role will be entering of contracts and processing of transactions in the broker system for business placed by the London office. The candidate should have experience of binding authorities; from contract input invoicing and closing through London Market systems and procedures.

• Support the Brokers and Account Managers in the London office by performing contract input and invoice production for London produced business.
• Ensure all bureau and non-bureau underwriter payments are processed in a timely manner.
• Report on status of contracts to ensure external and internal timelines are being met.
• Work with brokers on contract language to ensure best practice in terms of closing to markets.
• Respond to ad hoc queries or provide reports relating to contract and transaction status internally or externally.
• FDO submission
• Bordereaux analysis (Written and Paid)
• Premium processing
• Assisting cash allocation
• Xchanging submissions / query resolution
• Statistical reporting
• Profit Commission calculations

EXPERIENCE REQUIRED:

• Possess a significant amount of experience processing Binding Authority contracts
• Have a good working knowledge of London Market A&S procedures
• Knowledge of processing entries for multiple territories

SKILLS REQUIRED:

• Strong communication (written and verbal)
• Excellent computer and technical skills. Working knowledge of Microsoft Office Suite (Word Outlook PowerPoint an Excel)
• Working knowledge of statistical analysis.
• Ability to identify recognize and escalate critical issues for resolution.
• A general willingness to be flexible in work habits and assigned tasks.
• Demonstrate a positive and enthusiastic attitude at all times.
• Focused and detail oriented.
• Highly organized and have excellent prioritization skills.
• Work well under stressful conditions sometimes within tight timelines to keep self and others focused objective and effective in the face of pressure.
• Influence others through positive action and support.
• Be a team player and consistently keep relevant staff informed and updated.
• Employ problem solving and decision-making abilities to resolve challenges quickly and creatively through appropriate courses of action.
• Results oriented: Concentrate on activities necessary to achieve departmental and companys goals.
• Customer Centred: Strive to attain a continual standard of 100% internal and external customer satisfaction in all areas.