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Binding authority operations associate

London
Howden Group Holdings
Posted: 2 July
Offer description

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

What is the purpose of this role?

This role is for a Binding Authority Operations Associate within a rapidly growing Binders team. As a member of the Binding Authority Operations team, you will be responsible for managing the various servicing requirements for assigned client accounts. This includes, but is not limited to, Contract preparation, Coverholder Compliance and Support, and bordereaux processing.

What will the role involve?

Full ownership of allocated Coverholder accounts, including but not limited to:

1. Drafting New and Renewal Binding Authority Agreements and mid-term Endorsements.
2. Updating ATLAS and DCOM.
3. Corresponding with clients regarding Contracts, Reporting and Premium settlements.
4. Providing Underwriters with various Bordereaux and Premium updates.
5. Updating and Maintaining Internal Broking System Records.
6. Updating and Maintaining Monitoring Spreadsheets.
7. Processing Contracts and Premium Bordereaux through internal systems and IMR.
8. Supporting Team Members on all of the above
9. Additional duties as may be required.

What experience are we looking for?

We are looking for someone who has experience in managing all aspects of Lloyd’s Binding Authorities, including:

10. Preparing Binding Authority Contracts across specialty Classes of Business
11. Using ATLAS and DCOM
12. PPL experience
13. Reviewing and processing Premium Bordereaux
14. Using the IMR/dealing with Xchanging.
15. Liaising with Underwriters and Clients.
16. Dealing with risk reports.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

17. Our successes have all come from someone brave enough to try something new

18. We support each other in the small everyday moments and the bigger challenges

19. We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Permanent

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