Account Handler
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Responsibilities
- Binding Authority Agreements (BAAs) and Endorsements:
- Drafting and checking
- Sending third party Binding Authority Agreements (BAAs) to the Coverholder for acceptance and validating to insurers
- Verifying system set up on broking system
- Coverholder compliance and ensuring ATLAS is up to date
- Profit Commission Calculations
- Ensuring documentation is in line with insurers' requirements and internal procedures/guidelines
- Individual insurance policies:
- Supporting brokers to bind
- Ensuring client documentation is prepared accurately and dispatched in a timely fashion in compliance with internal service standards and the provisions of the Binding Authority
- Liaising with Brokers, insurers, Coverholders and Agents
- Preparation of monthly Risk Level Data/Aggregates and Statistics, monitoring any significant changes and notifying the Broker where necessary
- Develop and maintain effective relationships with our Cheltenham based team, providing guidance as required and ensuring prompt processing and payment of premiums
- Maintaining accurate and detailed records
- Working with Coverholders to streamline their reporting and payment
- Undertake any other responsibilities that may become necessary to fulfil this role
- Knowledge/Skills/Qualifications
- Proficient knowledge of Lloyd's and company markets
- Proficient knowledge of Delegated Authority Business and USA property insurance
- Excellent Microsoft Office Skills
- Intermediate Excel skills, including pivot tables, power query for monitoring Risk Level Data/Aggregates effectively, and confident and efficient in dealing with large datasets
- The ability to work in a team and build strong relationships, along with excellent communication skills, attention to detail, and the ability to meet deadlines
- Proficient understanding of regulatory requirements in the USA
- Having or working towards the CII qualification (Cert, diploma, or advanced diploma level)
- Key Competencies
- Accurate Data and Management of Information
- Communicating and influencing skills
- Customer Focus
- Decision Making
- Information Seeking
- Negotiation and Persuasion
- Planning and organising
- Relationship Building
- Team Working
Benefits
Additional Information
Amwins Global Risks At Amwins Global Risks, we succeed together. We're not 'just another London broker' placing risks and signing contracts. We're forging relationships that are built to last. With over 700 employees around the world and a global footprint across more than 150 countries, we've cemented our place as a top 10 contributor to Lloyd's. Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed and grow. We believe in a flat organisational structure that prizes expertise and relationships equally. We've built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace where everyone who works with us can be themselves. Job Description Job Title Account Handler Department North America Special Risks Location London Website https://www.amwins.com/solutions/global-risks/ Job Purpose As an Account Handler in our North America Special Risks team, you will be responsible for handling third party Binding Authorities in their preparation, acceptance, validation and the monthly flow of premium/exposure information by collaborating with placing brokers, insurers and Coverholders. Since the team has its own Coverholder authority to issue policies, you will also be responsible for handling the binding and issuance of policies, in alignment with the provisions of the team's authority.
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