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