Insurance Account Manager
1 week ago
Job Summary:
We are seeking a proactive and driven Insurance Account Manager to join our team at Four Squared Recruitment Ltd. As a key member of our organization, you will be responsible for generating revenue and increasing business profitability while ensuring compliance with regulatory frameworks.
You will deliver exceptional service to clients by managing new business, renewals, adjustments, claims, and other insurance-related tasks. Your primary objective will be to secure new and renewal business by negotiating with insurers to provide clients with the best possible cover.
Key Responsibilities:
- Manage new business, renewals, mid-term adjustments, claims, and queries.
- Ensure full compliance with regulatory frameworks across all business activities using company-provided checklists and documentation.
- Offer expert advice to clients on the most suitable products based on their needs.
- Secure new and renewal business by negotiating with insurers to provide clients with the best possible cover.
- Maintain strong, professional relationships with clients, insurers, and underwriters.
- Handle premium financing arrangements and attend client or insurer meetings.
- Resolve bad debt queries and handle complaints in accordance with company procedures.
- Ensure all data is managed in compliance with data protection regulations.
- Maintain accurate records and client files, ensuring tasks and communications are actioned promptly.
- Adhere to health and safety guidelines, keeping the office environment clear and organized.
Compliance & Development:
- Stay up to date on regulatory frameworks and company procedures to ensure full compliance.
- Conduct regular audits to monitor adherence to regulatory guidelines and internal procedures.
- Engage in professional development through training and attendance at industry events.
- Support the company's commitment to treating customers fairly by promoting high standards of customer care.
Requirements:
- Experience in the insurance sector with a focus on client management and regulatory compliance.
- Strong knowledge of insurance products and services.
- Excellent communication and negotiation skills.
- Ability to manage multiple tasks, prioritize effectively, and work within regulatory frameworks.
- Strong attention to detail and organizational skills.
Benefits:
- Competitive salary and commission structure.
- Opportunities for professional development and growth.
- A supportive and dynamic team environment.
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