Head of Binding Authorities

IDEX Consulting; City of London; On-site; GBP 65,000 - 100,000; Full time

Job summary

A leading insurance brokerage in London is seeking a Lead Binder Technician. The role involves managing Delegated Authority business and offers a base salary between £65k and £100k, alongside hybrid working flexibility and a 5% pension contribution. Ideal candidates will have experience in the insurance sector and the ability to influence business strategies.

Benefits

Hybrid working flexibility

25 days holiday plus birthday

5% pension contribution

Qualifications

• Experience as a Binder Technician or Delegated Authority Technician.
• Ability to engage in business strategies and contribute ideas.

Responsibilities

• Provide guidance and support on Delegated Authority business.
• Manage internal and third-party binding authorities.
• Administer the Lloyd's DDM / DCOM system compliance.

Skills

Cross-class experience in the insurance sector

Familiarity with Whitespace

Familiarity with PPL

Familiarity with DCOM

Interest in emerging technologies

Job description

Become the lead / head Binder Technician at this perfect sized Insurance Lloyd's Broker in London.

An already well‑established Marine and Specialty Insurance Broker with an excellent reputation, steeped in history which will provide you with strong job security.

And a firm who have received significant investment from its parent company and are looking to grow extensively over the next few years, meaning you'll become an instrumental part of its transition from carrying out European, UK and Australian Third‑Party binding authorities/in‑house binders to looking at multi‑lines on a global basis.

Very much a role which will become more senior and open up new doors/opportunities as you progress.

Here, you'll step up into a role where you can bring your ideas to the table and work with the senior leadership team to grow into new territories.

Day to day, what will you do?

• As an integral part of the team, you will provide guidance and support to your peers in relation to Delegated Authority business, assisting in the management of all internal and third‑party binding authorities and preparing new and renewal contracts.
• Initially you'll be more involved in carrying out Marine Delegated Authority business which will include Marine Hull, Marine War and Marine Trade, however you will soon have exposure to wider commercial classes as the broker expands.
• You'll have the opportunity to manage the Lloyd's DDM / DCOM system in line with monthly requirements on all Lineslips and binding authorities for this Broker's London and European operations.

What can you expect from an offer?

• Depending on your skills/current expertise, the offer is a base salary between £65k - £100k with hybrid home‑working flexibility, 25 days holiday (plus birthday) and a 5% pension contribution.

What do you have to offer?

• We are looking to talk to individuals with cross‑class experience in the insurance sector, preferably as a Binder Technician / Delegated Authority Technician.
• You will be someone who likes to put ideas across and likes to be more involved in business strategies.
• You will be familiar with Whitespace, PPL and DCOM and have a general interest in the emergence of technologies.

If you have a superb CV, if not, simply get in touch with Drew Crawford from IDEX Consulting for more information. If interested, the process can be discussed with you which will start with an informal conversation with the broker.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion‑first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.