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Account Handler - Commercial Insurance

Massenhove Recruitment Limited
Posted 2 days ago, valid for 3 days
Location

Watford, Hertfordshire WD24 4LH

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for an experienced Account Handler specializing in Commercial Insurance, requiring extensive knowledge in various insurance lines such as Property Owners, Commercial Combined, and Cyber.
  • Candidates should have significant experience in managing new business, renewals, and mid-term adjustments (MTAs), along with proficiency in the Acturis broking platform.
  • The role involves client management, policy administration, insurer negotiation, and ensuring compliance with FCA regulations.
  • An ACII qualification or a commitment to obtaining it is necessary, as well as a strong understanding of compliance standards and Consumer Duty obligations.
  • The salary for this position ranges from £30,000 to £40,000, and candidates should have a minimum of three years of relevant experience.

Account Handler - Commercial Insurance

Job Market - Commercial Insurance

Account Handler - Commercial Insurance

My client are recruiting for and experienced account handler.

The ideal candidate will possess extensive experience in Commercial Insurance, covering New Business, Renewals, and MTA’s Specialised knowledge in various Commercial Insurances, including Property Owners, Commercial Combined, Shops/Offices, Combined Liability, Professional Indemnity, Directors & Officers/Management Liability, Motor Fleet, Marine, and Cyber Experience of Acturis broking platform

Account Handler - Commercial Insurance - Key duties

Client Management

Respond to client queries promptly and professionally, building strong relationships and understanding their insurance needs.

Ensure the accurate preparation and renewal of client policies, enhancing coverage as required.

Policy Administration

Process new business, renewals, endorsements, and cancellations with precision and timeliness.

Keep detailed, up-to-date client records that meet company standards.

Insurer Negotiation

Work with insurers to secure favourable terms and negotiate competitive premiums tailored to client needs.

Compliance and Regulation

Maintain strict adherence to FCA regulations and company compliance standards.

Stay updated on regulatory and industry changes to provide accurate, compliant advice.

Collaboration and Teamwork

Collaborate with Account Executives and other colleagues to ensure seamless client support.

Share knowledge and best practices while mentoring junior team members

Account Handler - Commercial Insurance - Key requirements

ACII qualification or commitment to obtaining it.

Extensive experience in Commercial Insurance, covering new business, renewals, and MTAs.

Proficiency with Acturis or similar broking platforms.

Strong knowledge of commercial insurance lines, including Property Owners, Commercial Combined, Shops/Offices, Liability, Professional Indemnity, and Cyber.

Thorough understanding of FCA regulations, Consumer Duty obligations, and compliance standards.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.