To lead the development and customer service of an allocated portfolio of broker partners and their clients, assessing their insurance needs and risk profile. Negotiate with relevant markets/underwriters to find the most suitable insurance for the client and on best terms. Enhance revenue stream from existing client base and proactively develop new business opportunities. Key responsibilities* Collate information from clients/agents, assessing their insurance needs and risk profile. * Research underwriters risk appetite and negotiate with relevant markets to secure the most suitable insurance for the client at the best terms. * Prepare and update accurate client presentations/analysis for underwriters and arrange surveys as necessary. * Present underwriting terms and rates with relevant information to clients/agents. * Grow revenue and profitability for an assigned portfolio of clients/agents. * Monitor the progress of the placements, to ensure compliance with Group, Company and Regulatory policies, procedures, regulations and requirements. * Meet individual income budget including monthly targets for new and renewal business. * Manage and develop relationships with existing and new insurer partners in the London/Lloyds market * Build strong long term relationships with key broker partners through establishing trust and exceeding commitments. * Support IBA colleagues to manage aged debt and premium collection. * Develop and mentor allocated Account Handlers in their understanding of placement terms.
Back to searchAccount Executive
Harrison Holgate
Posted 2 days ago, valid for a month
London, Greater London EC1R 0WX
£60,000 - £72,000 per annum
Full Time
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Sonic Summary
- The position involves leading the development and customer service for a portfolio of broker partners and their clients, focusing on insurance needs and risk assessment.
- Candidates should have at least 5 years of relevant experience in insurance brokerage or underwriting.
- The role requires negotiating with underwriters to secure the best insurance terms and enhancing revenue from existing clients while identifying new business opportunities.
- The salary for this position is competitive, reflecting the candidate's experience and the responsibilities involved.
- Key responsibilities include managing client relationships, ensuring compliance with policies, and mentoring Account Handlers.
