Binder Technician

MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Groves, John & Westrup Ltd (GJW), NMU (Specialty) Ltd (NMU) and Roanoke International Brokers Limited (RIBL).

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.

Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a great place to work.

Company
Munich Re Specialty Group
Location
London , United Kingdom

Overall objective

To Service accounts in line with Company Procedure.

Responsibilities

• Use of DCOM system.
• Preparation of Binding authority contracts
• Assist in regulation of binding authorities
• Process premium accounting bordereaux / enter onto the Company in house System.
• Prepare Premium Endorsements for agreement and closing to Xchanging, via Platform.
• Liaise with Clients to ensure prompt payment of premiums.
• Payment reconciliations including premiums and claims.
• Analysis and Processing of Excel Spreadsheets
• Use of Company in house System to create policy entries.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders

Competencies for the Role

Team orientation

• Work cooperatively and flexibly with other members of the team with a full understanding of the role to be played as a team member.

Communication

• Communicate clearly and persuasively, both orally and in writing.

Achievement/results-orientation

• Get things done well and the ability to set and meet challenging goals, create own measures of excellence and constantly seek ways of improving performance.

Problem-solving

• Analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.

Flexibility

• Adapt and work effectively in different situations and to carry out a variety of tasks.

Customer focus

• Take constant care in looking after the interests of external and internal customers. Ensure that their wants, needs and expectations are given due consideration and that all efforts are made to meet them wherever fair and reasonable, in line with any standards from an industry regulator.

Planning and prioritising

• The ability to decide on courses of action, ensure that the necessary resources are available and schedule the work required to achieve a defined result in a desirable manner.

Share knowledge

• Share knowledge about the role you perform fully and willingly with others, where this is relevant, in the interests of the organisation.

Self-development

• Take responsibility for your own career and actively support ‘continuing professional development’.

Commercial/business awareness

• The capacity to understand the business opportunities and priorities of the organisation and constantly seek methods of ensuring that the organisation continues to be business-like and continues to meet the standards and requirements of its regulators.

Education and Professional Qualifications Required (preferred)

• University Degree and/or relevant professional qualification

Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.

Ensuring that we recruit versatile staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market.

To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle.

Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.