Account Handler

JR United Kingdom; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a Binding Authority Account Handler to join their Special Risks team. In this pivotal role, you will be responsible for preparing multimillion-dollar Binding Authority Agreements and supporting brokers and underwriters throughout the year. The position emphasizes relationship-building and the importance of accuracy in documentation. The company values inclusivity and professional development, offering a collaborative environment where your contributions will directly impact the success of the team. If you are detail-oriented and thrive in a dynamic setting, this opportunity is perfect for you.

Qualifications

• Knowledge of Lloyd’s and company markets is essential.
• Strong skills in Microsoft Office and Excel for data management.

Responsibilities

• Draft and check Binding Authority Agreements and endorsements.
• Liaise with brokers, underwriters, and coverholders for documentation.
• Maintain accurate records and ensure compliance with Lloyd’s requirements.

Skills

Lloyd’s market knowledge

Xchanging process knowledge

Microsoft Office Skills

Excel skills (pivot tables)

Communication skills

Attention to detail

Data management

Teamwork

Workload management

USA property insurance knowledge

Education

Certificate in Insurance or higher

Tools

Microsoft Teams

Job description

Social network you want to login/join with:

Account Handler, London (City of London)

Client:

Amwins Global Risks

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

4

Posted:

13.04.2025

Expiry Date:

28.05.2025

Job Description:

Job Title: Account Handler

Location: London

Website: www.amwinsglobalrisks.com

About 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.

Introduction:

As a Binding Authority Account Handler in our Special Risks team, you will be responsible for preparation and issuance of multimillion-dollar Binding Authority Agreements, supporting the brokers and working directly with Underwriters and Coverholders to support their business throughout the year as well as binding and issuing Policy documentation to USA-based agents which will provide a detailed insight into the various products and rating process.

Responsibilities:

• Binding Authority Agreements (BAAs) and Endorsements:
• Drafting and checking.
• Sending third-party BAAs to the Coverholder for acceptance and validating to Underwriters.
• Registering on DCOM, checking Global XB set up, ensuring it is signed by Xchanging, maintaining and ensuring ATLAS is up to date.
• Profit Commission Calculation.
• Ensuring documentation is in line with Lloyd’s 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 within FCA requirements as applicable.
• Liaising with Brokers, Underwriters, 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:

• Working knowledge of the Lloyd’s and company markets.
• Knowledge of the Xchanging process for signing premium.
• Microsoft Office Skills.
• Excel skills such as pivot tables for monitoring Risk Level Data/Aggregates effectively.
• Good spoken and written communication skills.
• Accuracy and attention to detail.
• Confident and efficient in dealing with large datasets.
• Team working ability.
• Ability to manage workload and meet deadlines.
• Skilled MS Teams user.
• Knowledge of USA property insurance.
• Understanding of regulatory requirements in the territories concerned.
• Working towards a Certificate in Insurance or higher.
• Accurate Data and Management of Information.