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Account Handler – Insurance Brokerageref: HM42629
Sector Finance
Type Full-time, Permanent
Location London - City
Salary £30000 - 35000 / Year
Account Handler – Insurance Brokerage

An in-house insurance and reinsurance broker for a large Japanese company working with businesses involved in trades, power generation, oil and gas, and agrichemicals.

The role encompasses insurance activities, so a knowledge of general insurance, mainly office insurance and commercial combined insurance as well as Marine Cargo, Credit/Political risk, Public/ Product Liability, Director and Officers Liability etc..

Key responsibilities

Account management for a range of parent company subsidiary and shareholder businesses
Visit clients nationally and internationally
Liaise with group offices to determine achievable and realistic strategy to deliver to client
Structure insurance solutions to meet client requirements
Direct negotiation and placement of risks with the domestic and international (re)insurance market
Handle claims from start to final settlement and co-ordinate all involved parties (loss adjusters, insurer consultants, experts and clients)
Produce and issue insurance documentation (e.g. insurance slips for placement, debit & credit note to insurers & clients for premium & claim collection, endorsement slip etc.)
Input account processing data into “Brokasure” (a broker’s support platform for accounting and processing of premiums and claims funds)
Liaise with Xchanging (the finance handling service provider for majority of London insurance markets)
Create detailed spreadsheets to allocate premiums across insurers and the various company group offices
Controls marketing activities in London and associated markets. In addition, coordinate marketing activities of group offices to deliver on placement and client targets

Ideal candidate

Good knowledge of the various markets the company operates in especially industrial businesses
Experience in office insurance and commercial combined insurance, marine cargo, credit/political, product/public liability placements, claim handling and its administration works
Contract review and due diligence knowledge desirable
Strong skills in negotiating, relationship building and problem solving
Excellent written and oral communication skills
Excellent time management and organisational skills
Fluent in English oral and written
Proficiency in MS Office (Word, Excel, PowerPoint)
Acts as a team player – collaborate and support colleagues and peers across the organisation, while still being able to work independently when needed
Results Oriented and Flexible - Be adaptable and able to meet deadlines on assignments, juggle multiple demands and to work with all types of individuals based locally or at our oversea branches
Stakeholder Management - Able to build relationships with a wide range of stakeholders internally and externally