Account Executive Construction

Location
City of London
Salary
£40000.00 - £60000.00 per annum
Posted
27 Apr 2021
Closes
27 May 2021
Ref
JO0000007892
Contact
MW Appointments
Contract Type
Permanent

Account Executive Construction

Salary to £60,000
City based office - WFH Flexibility
Permanent Contact
Purpose:
To deliver client service through; advising clients on their insurance programmes, negotiating and placing contracts of insurance that meet client needs and conforming to company practice quality standards.

Responsibility Overview:
·Analyse and provide advice on risk and insurance issues and structure appropriate coverage.
·Placing structure is appropriate to the insured's operations; exposure and risk transfer goal
·Market presentations secure best possible terms for the client, with full material disclosure.
·Negotiates and obtains the most appropriate carrier, coverage and price for the clients' requirements.
·Resolves subjectivities and warranties in accordance with client/insurer instructions to secure underwriters' participation.
·Negotiates agreement to post-placement changes, e.g. by contract endorsement
·Develops and maintains Market Relationships to permit the widest placing opportunities
·Produce and analyse premium/brokerage/claims/renewal and other statistics as may be required by line manager.

Client Management:
Identifies and manages client requirements in accordance with the terms of appointment
Builds and maintains strong client relationships
Achieves a high rate of client retention through well-planned and executed account renewal management
Ensures there are sufficient resources to meet client day-to-day demands and escalates servicing issues to divisional management as necessary
Ensure that the standards of the company Client Service Charter are met at all time
No justified client complaints over provision of service


Desirable experience:
London and international market experience preferably in broking, Account servicing to large international corporations; technical insurance.

Knowledge and skills
Market and industry structure and operation, including regulation and current market practice
Sector specific risks and insurance products/solutions
Slip drafting
Risk Analysis
Negotiation
Well-developed verbal and written communication
Client servicing and account development
IT literacy in Word, Outlook and Excel (Intermediate)
Relationship management
Placing process


REF 7892

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Apply for Account Executive Construction

Already uploaded your CV? Sign in to apply instantly

Apply

Upload from your computer

Or import from cloud storage

Your CV must be a .doc, .pdf, .docx, .rtf, and no bigger than 1MB


4000 characters left

Marketing Communication

We'd love to send you information about Jobs and Services from Insurance Jobs by email.

All emails will contain a link in the footer to enable you to unsubscribe at any time.


When you apply for a job we will send your application to the named recruiter, who may contact you. By applying for a job listed on Insurance Jobs you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please email us.

Similar jobs

Similar jobs