Your newpany
Your newpany are an established Lloyd’s of London Broker based in the heart of the City. Your new Brokers are A-Rated and strive to be the world’s most inspiring specialty broker who work together in dynamic teams that prioritise customers in everything they do. Their expertise span across nine specialised divisions into niche business areas focusing on non-standard risks with wide access to the London Market. Due to expansion within the Delegate Risk Solution team, a position for an Account Manager to handle delegated risks has arisen.
Your new role
Your new role as a Binding Authority/Delegated Authority Account Manager means that you will be the steady link between the brokers and the technical teams, which entails the handling of day-to-day broking and technical queries, managing referrals, owning performance and contractual reporting, alongside making sure binders, documents and dataset are accurate, signed, filed and moving. This role will be handling all classes of business, including Property, Casualty, PI, Non-Marine, UK, NA and International, all Binders business. This role sits between themercial and technical teams.
Some of your key responsibilities will include being responsible for end-to-end oversight of a portfolio of delegated authority contracts, supporting producing brokers on broking matters including renewal strategy, capacity discussions, pricing dynamics and relationship management and participating in (sometimes leading) client and underwriter meetings.
Other key responsibilities will include leading the renewal process for delegated authority contracts within the portfolio, conducting monthly or quarterly portfolio performance reviews with brokers, underwriters and clients. You will also be acting as a senior point of contact for client and Cover holder issues, alongside supporting the Producing Broker in building and maintaining strong relationships with Coverholders, TPAs and carriers.
What you'll need to succeed
Your previous significant experience in working with Binding Authorities or Delegated Authorities as a Technician or Account Manager will contribute to your success in securing this role. You should have a deep understanding of Lloyd’s andpany market delegated authority frameworks, strong knowledge of binder construction and strongmercial awareness with the capability to support brokers on placement structure, renewal strategy, pricing consideration and capacity movements.
PLEASE ONLY APPLY FOR THIS ROLE IF YOU HAVE EXPERIENCE WITH BINDING AUTHORITIES OR DELEGATED AUTHORITIES IN A TECHNICAL OR ACCOUNT MANAGER CAPACITY.
What you'll get in return
You will receive a generous package of up to £70,000 ( plus a bonus and excellent pension and benefits. You will receive support from directors. You will also work within a like-minded team who offer full training and support.