SENIOR ACCOUNT EXECUTIVE/BROKER - PROPERTY/POLITICAL VIOLENCE - to £70,000
City based Lloyds Broker is seeking a Senior Account Executive/Broker responsible for managing a portfolio of new and renewal business including the placement and servicing of the accounts
Reporting to the Head of Team and Division for the management of all Account Servicing, renewal and related activities to; achieve the performance targets of the Divisional business plan, maintain local compliance, regulatory and quality practice standards and develop/introduce new and existing business.
Quoting, Placement and Post Contract Alteration
* 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 goals.
* Market presentations secure best possible terms for the client, with full material disclosure. ï· 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.
* Document Production
Market relationships
* Develops and maintains market relationships to permit the widest placing opportunities
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
* Meet with clients and run meetings as required
New Business Production
* Assist in the development of production to help generate new business opportunities.
Desirable Experience:
London/International market experience and experience in broking.
Exposure to large international corporations including Mining and other industrial risks with experience in working with clients and producers in the Middle East and Latin America.
Basic management experience.
Minimum technical insurance: Cert CII or equivalent.
Knowledge and Skills
Languages - French or Spanish
Market and industry structure and operation, including regulation and current market practices LLMIT
Sector specific risks and insurance products/solutions
Risk analysis
Slip drafting and Approval
Decision making
Client servicing
Negotiation
Managing operational risk
Well-developed verbal and written communication
Time management and prioritisation
FCA - ICOB and Money Laundering/Prevention of financial crime
End to end broking process
Ref 8372
MW Appointments is acting as an Employment Agency in relation to this vacancy.
Advertiser: Agency
Reference: JO0000008372
Posted on: 2023-03-02 11:15:29
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Insurance - City of London
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SENIOR ACCOUNT EXECUTIVE/BROKER - PROPERTY/POLITICAL VIOLENCE - to £70,000
City based Lloyds Broker is seeking a Senior Account Executive/Broker responsible for managing a portfolio of new and renewal business including the placement and servicing of the accounts
Reporting to the Head of Team and Division for the management of all Account Servicing, renewal and related activities to; achieve the performance targets of the Divisional business plan, maintain local compliance, regulatory and quality practice standards and develop/introduce new and existing business.
Quoting, Placement and Post Contract Alteration
* 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 goals.
* Market presentations secure best possible terms for the client, with full material disclosure. ï· 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.
* Document Production
Market relationships
* Develops and maintains market relationships to permit the widest placing opportunities
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
* Meet with clients and run meetings as required
New Business Production
* Assist in the development of production to help generate new business opportunities.
Desirable Experience:
London/International market experience and experience in broking.
Exposure to large international corporations including Mining and other industrial risks with experience in working with clients and producers in the Middle East and Latin America.
Basic management experience.
Minimum technical insurance: Cert CII or equivalent.
Knowledge and Skills
Languages - French or Spanish
Market and industry structure and operation, including regulation and current market practices LLMIT
Sector specific risks and insurance products/solutions
Risk analysis
Slip drafting and Approval
Decision making
Client servicing
Negotiation
Managing operational risk
Well-developed verbal and written communication
Time management and prioritisation
FCA - ICOB and Money Laundering/Prevention of financial crime
End to end broking process
Ref 8372
MW Appointments is acting as an Employment Agency in relation to this vacancy.
Advertiser: Agency
Reference: JO0000008372
Posted on: 2023-03-02 11:15:29
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