Binder Technician

Job Title: Binder Technician

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time – Permanent (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Price Forbes means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer:

We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent.

You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.

Further perks of working with us (Fixed benefits):

• Employer pension contribution of 10% (providing you, the Employee provides 5%).
• Good work life balance - flexibility to suit you.
• Competitive salary.
• Life Assurance at X4 of your base salary.
• Group Income Protection.
• Generous Annual Leave entitlement.
• Private Medical Insurance.
• Group annual bonus scheme.

Must have(s):

- Min 5yrs Binding Authority/Lineslip operations experience

- DCOM Knowledge

Key Responsibilities:

• Handling all technical responsibilities for our 1st-party and 3rd-Party Coverholders’ Facilities, including some run-off business;
• Being the main contact for coverholders' handling and assisting with any queries they may have;
• Onboarding new coverholders' when required;
• Other related duties such as checking in-house documents and reports;
• Keeping up to date with market initiatives.

• Handling all technical responsibilities for our 1st-party and 3rd-Party Coverholders’ Facilities, including some run-off business;
• Being the main contact for coverholders' handling and assisting with any queries they may have;
• Onboarding new coverholders' when required;
• Other related duties such as checking in-house documents and reports;
• Keeping up to date with market initiatives.

• Ensuring the smooth running of our own and Third Party Coverholders’ Binding authorities and Lineslips;
• Building relationships with existing Coverholders and stakeholders;
• Experience coaching new/existing coverholders through monthly procedures and Insurance documentation production;
• Checking Facilitiesed Business Agreements and Endorsements prior to submitting to Underwriters for Agreement ;
• Checking and Monitoring Aggregate reporting. A point of contact for any Underwriters questions on these;
• Managing workload effectively and efficiently.
• Assisting with Binders & Facilities meetings and tracking action points.
• Creating and maintaining wordings and endorsements templates.
• Undertake any other responsibilities that may become necessary for the proper performance of the role.

Your skills & knowledge:

• Knowledge of Binding Authority and Lineslip Agreements, wordings and Endorsements.
• Global XB
• Whitespace
• Keep up to date with market changes.
• Intermediate+ Excel skills (such as pivot tables)
• Adequate knowledge and experience using IMR/ Tracker Portal/ DCOM/ ATLAS

Key Competencies:

• Insurance Principles and Practice
• Insurance Products and Services
• Legal Knowledge
• Compliance and Operational Risk Knowledge
• Assessing and Transferring Risk Business
• Company and Market Knowledge
• Understanding the Customer
• Communication and influencing skills
• Management of information
• Planning and organising
• Analysis and decision making
• Professional Development

Think you don’t meet every requirement?

We are dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive . If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process:
At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

#PFI