Insurance Account Manager
2 weeks ago
Location: Somerton, Somerset
Salary: Negotiable + benefits
Overview:
Brown & Brown Europe is seeking an experienced Private Clients Account Executive to join their professional team based out of the Somerton Head Office in Somerset. As a key member of the team, you will be responsible for managing an existing book of business, dealing with new enquiries, and expanding the company's client base.
The company prides itself on a market-leading client service model and a long list of products providers and covers it can access. The office team is a friendly, caring, and welcoming group of knowledgeable individuals.
Key Responsibilities:
- Service designated clients, ensuring they are retained, and the Company's income is maintained/developed, including client visits and passing files/instructions to appropriate staff.
- Work closely with other Account Executives and Directors to provide the highest standard service to customers.
- Secure and arrange appropriate cover at renewal at a competitive premium, completing all relevant documentation/computer work.
- Take instructions relating to the provision of insurance cover from clients and Account Executives when appropriate.
- Give instructions to insurers.
- Ensure mid-term adjustments and declarations are processed and records updated.
- Handle the invoicing of all premiums due.
- Check all documentation (i.e. policies and endorsements) for accuracy prior to sending to client.
- Obtain quotations for any relevant new policies/renewals.
- Maintain effective credit control on allocated cases.
- Be conversant with Company Procedures manual and the requirements of the FCA Standards and Rules and to implement and maintain procedures as stipulated.
- Be aware of market conditions and the strengths and weaknesses of competitors.
- Visits to customers where agreed.
- Monitor trends, analyse results, and prepare feedback to senior staff.
- Deal with any other client issues that may arise, referring to the appropriate person when the enquiry falls outside your own knowledge and experience.
What's on Offer:
- Negotiable salary package & additional benefits
- Joint Pension contribution scheme
Your Experience:
- Requirement of at least 2+ years insurance broking experience.
- Confident in handling quotation enquiries, renewals, and midterm adjustments for various HNW insurance policies.
- Understanding of insurance markets, products, wordings, and options.
- Acturis insurance broking software knowledge is an advantage.
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