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Senior Reinsurance Account Manager

IDEX Consulting Ltd
Posted 2 days ago, valid for 8 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Senior Account Manager role involves proactively managing client needs and collaborating with Account Executives in reinsurance marketing.
  • Candidates must have a proven track record in account management, preferably with strong client and reinsurer relationship management experience.
  • A minimum of 3 years of experience in the (re)insurance market is required, along with A level education or equivalent.
  • The position offers a competitive salary of £45,000 to £55,000 per annum, depending on experience and qualifications.
  • Strong analytical, problem-solving, and interpersonal skills are essential for success in this role.

Your main responsibilities as a Senior Account Manager will include:

  • Providing a pro-active approach to ensure efficient handling of our client's needs
  • Working in partnership with Account Executives and broking team in the marketing of placing reinsurance, involving communication with clients and reinsurers
  • Analysing client requirements to identify an appropriate scope of insurance coverage and providing advice to clients and colleagues and assist them with the interpretation of clauses
  • Compiling and analysis of data necessary for the preparation of market submissions and presentations and market sheets for the quotation and placement phases
  • Resolving queries received from clients and reinsurers - liaising with colleagues within other departments as necessary.
  • Populating and maintenance of data within IT systems, generating and reviewing of contractual documentation including final documentation to confirm coverage to clients
  • Liaising with Premium advocates to ensure all premiums are paid on time and organising chasing where appropriate
  • Liaising with Claims advocates to ensure all claims are paid promptly

Your skills and expertise:

  • Proven track record of working as an Account Manager or Contract Expert and have an excellent understanding of the (re)insurance market
  • Be educated to A level standard or equivalent
  • Strong experience in managing effective client and reinsurer relationships
  • Great data analytical and problem-solving skills
  • Excellent interpersonal skills, including communication, presentation skills and ability to work as part of a team
  • Excellent attention to detail
  • High level of IT competency (Intermediate level in Microsoft Excel, PowerPoint and Word)
  • Understanding of compliance and FCA regulation
  • Demonstrate integrity and professionalism

Your main responsibilities as a Senior Account Manager will include:

  • Providing a pro-active approach to ensure efficient handling of our client's needs
  • Working in partnership with Account Executives and broking team in the marketing of placing reinsurance, involving communication with clients and reinsurers
  • Analysing client requirements to identify an appropriate scope of insurance coverage and providing advice to clients and colleagues and assist them with the interpretation of clauses
  • Compiling and analysis of data necessary for the preparation of market submissions and presentations and market sheets for the quotation and placement phases
  • Resolving queries received from clients and reinsurers - liaising with colleagues within other departments as necessary.
  • Populating and maintenance of data within IT systems, generating and reviewing of contractual documentation including final documentation to confirm coverage to clients
  • Liaising with Premium advocates to ensure all premiums are paid on time and organising chasing where appropriate
  • Liaising with Claims advocates to ensure all claims are paid promptly

Your skills and expertise:

  • Proven track record of working as an Account Manager or Contract Expert and have an excellent understanding of the (re)insurance market
  • Be educated to A level standard or equivalent
  • Strong experience in managing effective client and reinsurer relationships
  • Great data analytical and problem-solving skills
  • Excellent interpersonal skills, including communication, presentation skills and ability to work as part of a team
  • Excellent attention to detail
  • High level of IT competency (Intermediate level in Microsoft Excel, PowerPoint and Word)
  • Understanding of compliance and FCA regulation
  • Demonstrate integrity and professionalism

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.