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UK Finpro Account Exec
2 weeks ago
Your new company
Your Independent Lloyd's Broker primarily specialises in FI, FINNPRO, Cyber and Commercial D&O risks are a reputable broker headquartered within the London Insurance Market. They pride themselves on providing 5 star services to elite Finpro clients. Due to recent growth and the development of a UK Finpro retail arm, your Lloyd's Broking House now has a diverse team of over 300 people and have business partners stretching out to over 70 countries. Due to such substantial growth, a permanent job Account Executive is now needed to handle UK Finpro Accounts alongside two Senior Directors.
Your new role
You will be responsible for a full client management role, including:
- Handling renewals and dealing with new business inquiries.
- Quoting via Syndicates and Insurers and producing all relevant MRC Slips, Quote sheets, and technical documentation.
- Managing accounts and analyzing/providing advice on risk and insurance issues to structure appropriate coverage.
- Negotiating and obtaining the most appropriate carrier, coverage, and price to meet client demands.
- Producing market presentations to secure the best possible terms for clients, with full material disclosure for their requirements.
- Negotiating agreements to post-placement changes through contract endorsements.
Your strong knowledge of either UK Retail Finpro Accounts or UK Commercial D&O risks will enable you to provide clients with the best possible cover.
What you'll need to succeed
Your previous experience working within a Lloyd's Broking House on Finpro or D&O Accounts for Retail clients in a similar role as an Account Executive will lead to your success. You will be technically minded and able to produce various technical documentation including Endorsements and Slips. Your friendly and confident nature will allow you to adapt well into a diverse team while building and maintaining strong client relationships. The division is new and growing, so you will need to be flexible and adaptable to help the team with the overwhelming workload. You must have solid insurance experience working on Finpro and Commercial D&O Accounts.
What you'll get in return
You'll be offered a competitive salary of c.50K, plus a comprehensive benefits package. You'll receive support from both Directors and Managers with opportunities for growth and career progression. You'll enjoy working for a rapidly expanding Independent Lloyd's Broker and being part of a hardworking, ambitious team full of like-minded individuals willing to support you.
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