Senior Energy Account Executive

2 months ago

London, United Kingdom MW Appointments Full time

Job: Senior Energy Account Executive

**Salary**: to £100,000

Location: HYBRID WORKING - home/ London

Our client, a Lloyds Insurance Brokerage, is looking for a Senior Account Executive to join their team dealing with all Upstream Energy. The purpose of the role is 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.

Key Duties:
Quoting, Placement and Post Contract Alterations
- Analyse and provide advice on risk and insurance issues and structure appropriate coverage.
- Placing structure is appropriate to the insurer's operations; exposure and risk transfer goals.
- 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.
- Negotiates agreement to post-placement changes, e.g. by contract endorsement.

Market relationships (UK & International)
- Develops and maintains market relationships to permit the widest placing opportunities

Management Information
- 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
- Ensures there are sufficient resources to meet client day-to-day demands

File Management
- Maintains thorough and timely records of market negotiations, presentations and communications with insurers and with clients in accordance with Internal Procedures
- Ensure that correspondence, documentation, statistic etc. are retained on paper and electronic files in accordance with procedures to demonstrate a complete audit trail.

Compliance/Corporate Governance
- Legal, market, regulatory and Best Practice Manual requirements are met in all aspects of business
- Financial & document checks and subsequent approval process is handled in accordance with companies Authorised Signatory List.
- Review files to ensure that correspondence, documents, statistics etc are retained on file in accordance with Best Practice Manual/divisional procedures providing a complete audit trail
- Supports the introduction of new processes in response to regulation changes.

Key Skills, Knowledge/ Experience:

- Experience in the London and/or international Upstream Energy market preferably in broking and account servicing to large international corporations.
- Market and industry structure and operation, including regulation and current market practice LLMIT, LM1 and LM2 or equivalent experience
- Sector specific risks and insurance products/solutions Slip drafting; Placing process
- Risk Analysis Negotiation
- Well-developed verbal and written communication Client servicing and account development
- IT literacy in Word, Outlook and Excel (Intermediate). TWINS: can enter and retrieve information

REF: 8737

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

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