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Your new company
Your new job working as an Account handler handling NA Binders will be working for an established Global Lloyd’s Brokers who employ over 700 employees around the world and have a global footprint across more than 150 countries. Your new broker has cemented their place as a top 10 contributor to Lloyd’s. Your new brokers have been established for a number of years and understand the importance of being client focused. They are growing in all areas and are now an employer of choice. They consider themselves leaders in everything they do and champion best practice. Their company is centred on strong relationships and trust who have a client-focused, performance-driven, collaborative and future-oriented mindset. Due to expansion within the specialist risks team, a permanent role for an Account handler to deal with NA Binders
has arisen
Your new role
Your new role working as an Account Hander will be working within the North America Special Risks team, where 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. You will also be responsible for handling the binding and issuance of policies, in alignment with the provisions of the team’s authority.
The responsibilities will include drafting and checking Binding Authority Agreements (BAAs) and Endorsements, sending third party Binding Authority Agreements (BAAs) to the Coverholder for acceptance and validating to insurers, Coverholder compliance and ensuring ATLAS is up to date as well as handling Profit Commission Calculations. You will ensure documentation is in line with insurers’ requirements and ensure client documentation is prepared.
Other duties will include liaising with Brokers, insurers, Coverholders and Agents as well as the preparation of monthly Risk Level Data/Aggregates and Statistics, monitoring any significant changes and notifying the Broker where necessary.
What you’ll need to succeed
Your previous experience working as either an Account handler or Technician dealing with NA Binders (Ideally Property or related risks. Proficient knowledge of Lloyd’s and company markets as well as have proficient knowledge of Delegated Authority Business and USA property insurance. You will also have the ability to work in a team and build strong relationships, along with excellent communication skills, attention to detail, and the ability to meet deadlinesProficient understanding of regulatory requirements in the USA would be beneficial.
PLEASE ONLY APPLY IF YOU HAVE EXPERIENCE HANDLING & PREPARING NORTH AMERICAN BINDERS WORKING AS AN ACCOUNT HANDLER. ACCOUNT EXECUTIVE OR AS AN TECHNICIAN IDEALLY HANDLING PROPERTY OR RELATED RISKS
What you’ll get in return
You will receive a generous package of C£75,000 D.O.E. plus excellent pension and benefits. You will receive support from directors. This is an excellent opportunity within a collaborative, forward-thinking and dynamic team where you will get fantastic exposure to the Market. This role will be 4 days a week in the office
What you need to do now
If you’re interested in this role, click ‘apply now’ to forward an up-to-date copy of your CV, or call us now.
If this job isn’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.
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