Account Handler – Contingency Insurance in London
Account Handler – Contingency Insurance

Account Handler – Contingency Insurance in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Asset Resourcing Limited

At a Glance

  • Tasks: Manage insurance placements for exciting event-driven risks and support clients throughout the process.
  • Company: Specialist contingency insurance broker with a strong presence in the City of London.
  • Benefits: Competitive salary, private healthcare, pension, and support for professional development.
  • Other info: Flexible working with 3 days in the office and opportunities for career growth.
  • Why this job: Join a dynamic team and make an impact in the fast-paced world of contingency insurance.
  • Qualifications: Strong understanding of insurance principles and excellent communication skills required.

The predicted salary is between 40000 - 50000 £ per year.

A specialist contingency insurance broker based in the City of London, with a strong presence in the event-driven risks market. The business operates across UK and international markets, placing cover for a range of event-driven risks through the Lloyd’s market.

Job Purpose: Act as intermediary between internal business producers and Lloyd's and Company insurance markets, specialising in Contingency Insurance for event-driven risks, managing the insurance placement process from initial quote requests through to policy completion and ongoing servicing of international broking operations.

Key Responsibilities:

  • Receive and evaluate incoming insurance enquiries, conducting risk research and analysis
  • Prepare quote slips incorporating risk details and coverage requirements, coordinating with placing brokers
  • Receive terms from placing brokers and distribute quotations to clients/retail brokers
  • Create MRC (Market Reform Contract) slips post-bind and load into PPL (Placing Platform Limited)
  • Liaise with underwriters to obtain stamps and approvals on documentation
  • Coordinate with processing team for accurate system loading and transaction records
  • Handle policy endorsements and provide ongoing client and broker support
  • Maintain comprehensive client and policy records
  • Assist with claims’ processes where required

Required skills:

  • Strong understanding of insurance principles and market practices
  • Comprehensive knowledge of Contingency Insurance products and London Market procedures
  • Excellent communication skills and attention to detail
  • Ability to manage multiple priorities and work under pressure
  • Proficient in Microsoft Office and insurance software systems (including PPL)
  • Professional insurance qualifications (CII/ACII)

Performance Expectations:

  • Deliver timely service and manage multiple client priorities effectively
  • Demonstrate a high level of accuracy and attention to detail in all documentation and policy administration
  • Demonstrate clear written and verbal communication in all internal, client and market interactions
  • Ensure compliance with FCA regulations, company policies, and Lloyd's market practices
  • Maintain professional relationships with internal broking teams, business producers and insurers
  • Maintain current knowledge of Contingency Insurance products and London Market procedures
  • Support business operations and process improvement initiatives
  • Undertake additional duties as reasonably required

Position Details:

  • Location: Minimum 3 days a week in the City of London, with the remaining time working from home.
  • Start Date: ASAP
  • Salary: Up to £50,000 (DoE)
  • Professional Development: Support for CII qualifications is provided
  • Benefits: Private Healthcare, Death in Service & Pension

Account Handler – Contingency Insurance in London employer: Asset Resourcing Limited

Join a leading specialist contingency insurance broker in the heart of the City of London, where you will thrive in a dynamic work culture that values professional growth and development. With competitive salaries, comprehensive benefits including private healthcare and pension plans, and a commitment to supporting your CII qualifications, this role offers a rewarding opportunity to excel in the event-driven risks market while enjoying a flexible working arrangement. Experience a collaborative environment that prioritises employee well-being and fosters meaningful career advancement.
Asset Resourcing Limited

Contact Detail:

Asset Resourcing Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Account Handler – Contingency Insurance in London

Tip Number 1

Network like a pro! Get out there and connect with people in the insurance industry, especially those who work in contingency insurance. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by brushing up on your knowledge of contingency insurance products and market practices. We recommend doing mock interviews with friends or using online resources to practice common questions. The more confident you are, the better you'll perform!

Tip Number 3

Showcase your skills! When you get the chance to meet potential employers, whether in person or virtually, make sure to highlight your experience with insurance software systems like PPL. Bring examples of how you've managed multiple priorities and delivered accurate documentation under pressure.

Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, applying directly can sometimes give you an edge over other candidates. So, what are you waiting for? Get your application in!

We think you need these skills to ace Account Handler – Contingency Insurance in London

Understanding of insurance principles
Knowledge of Contingency Insurance products
Familiarity with London Market procedures
Excellent communication skills
Attention to detail
Ability to manage multiple priorities
Proficient in Microsoft Office
Experience with insurance software systems (including PPL)
Professional insurance qualifications (CII/ACII)
Risk research and analysis
Policy administration
Client relationship management
Compliance with FCA regulations

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Account Handler role. Highlight your experience with contingency insurance and any relevant qualifications. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about contingency insurance and how you can contribute to our team. Keep it concise but engaging – we love a good story!

Showcase Your Communication Skills: Since communication is key in this role, make sure your application reflects your ability to convey information clearly. Whether it's your CV or cover letter, we want to see that you can articulate your thoughts effectively.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!

How to prepare for a job interview at Asset Resourcing Limited

Know Your Contingency Insurance Inside Out

Make sure you brush up on your knowledge of contingency insurance products and the London Market procedures. Being able to discuss specific examples and demonstrate your understanding will show that you're not just familiar with the basics, but that you can handle the complexities of the role.

Prepare for Scenario-Based Questions

Expect questions that ask how you would handle specific situations, like managing multiple client priorities or dealing with a challenging broker. Think of examples from your past experience where you've successfully navigated similar challenges, and be ready to share those stories.

Show Off Your Communication Skills

Since this role involves liaising with various stakeholders, practice articulating your thoughts clearly and concisely. You might want to prepare a few key points about how you’ve effectively communicated in previous roles, especially in high-pressure situations.

Familiarise Yourself with Relevant Software

Get comfortable with Microsoft Office and any insurance software systems mentioned in the job description, particularly PPL. If you have experience using these tools, be prepared to discuss how you’ve used them to improve efficiency or accuracy in your work.

Account Handler – Contingency Insurance in London
Asset Resourcing Limited
Location: London

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