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Insurance Executive
2 months ago
Job Title: Insurance Executive
Location: Leicester or Birmingham
Salary: Negotiable + Benefits
Overview:
Brown & Brown (Europe) is seeking an experienced Insurance Executive to join their team based out of the Leicester or Birmingham office. As a key member of the team, you will be responsible for managing the negotiation and placement of a range of insurance classes, providing excellent service to clients, markets, and the wider Berkeley team.
The Role:
- Undertake broking activity on allocated cases, ensuring company procedures and placement strategy followed at all times.
- Maintain relationships with insurers at trading level.
- Joint responsibility for marketing of new business enquiries and defence strategy for cases under attack.
- Attend client meetings where required to obtain relevant information to enable quotations to be obtained.
- Prepare market presentations and negotiate best possible deal available from market.
- Attend follow-up visits with clients or prospects where required by the Account Executive.
- Make recommendations for insurance based on information gathered from prospect.
- Broke/place existing cases where agreed, including producing presentations, negotiating best deals with insurers and preparing renewal reports.
- Act as focal point for market information and provide assistance where required in placing business.
- Recommend improvements to insurance programme and highlight any gaps in cover, ensuring that quotations are obtained for any new policies.
- Deal with any other client issues that may arise, referring to the appropriate person when the enquiry falls outside your own knowledge and experience.
- Be aware of market conditions and the strengths and weaknesses of competitors and make recommendations for changes where appropriate.
- Carry out all duties and processes in accordance with the Rules of the Financial Conduct Authority (FCA) any other applicable Codes of Practice.
What's on Offer:
- Competitive/Negotiable salary package & additional benefits
- Joint Pension contribution scheme
- Annual leave that rises with length of service
Your Experience:
- A thorough knowledge of UK commercial insurance market practice and technical matters.
- Strong team player, who will work closely with immediate team and other colleagues and stakeholders.
- Sophisticated negotiating and influencing skills.
- Minimum of Cert CII
- Outstanding communication and presentation skills.
- Behaviour that inspires the trust and respect of team mates and key stakeholders.
- Committed to continuous improvement and to adopting new working practices to raise standards of quality and efficiency.
- Self-motivated and driven.
