Account Handler

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.

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

Degree in any discipline required

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