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Account Executive

Salary
Location London
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

The Vacancy

  1. Principal Tasks

 

  • Handling a mixture of Commercial Property & Casualty renewals and midterm adjustments
  • Liaise with producing brokers & intermediaries [clients] to understand their clients demands and needs
  • Communicate with underwriters and the placing brokers to deliver appropriate solutions and placement strategies resulting in successful retention of their business
  • Monitor your renewal retention and identify any concerns which may result in lost business
  • Assist your peers, when required, to ensure the team achieve high retention rates
  • Provide guidance & subject matter expertise to clients
  • Maintain and build relationships with key clients and identify new opportunities
  • Maintain clear, accurate and comprehensive files
  • Adhere to and promote compliance (FCA, TCF, GDPR) requirements
  • Mentoring, tuition & guidance to Account Handlers
  • Work closely with the Account Handler(s) to ensure efficient processing and administrative requirements are met

 

2. Secondary Tasks – working closely with Account Handlers  

 

  • Preparing market submissions and placing documentation
  • Producing policy documentation, certificates, and midterm endorsements
  • Raising invoices / debit notes and London Market closings
  • Coordinate survey requests and communicate any requirements raised

 

3. Responsibilities

 

  • Take instructions from existing clients, ensuring cover commences at the correct time, all relevant paperwork is completed, premium is collected, and relevant records and diary entries are created.
  • Offer renewal of existing clients’ policies with existing insurer or move to new insurer, as appropriate.
  • Check thoroughly all client documentation before despatch, ensuring queries are raised and amendments completed
  • Control your own diary system, ensuring all items are followed up by the due dates, particularly in relation to outstanding documentation from clients or insurers, premium payments and survey matters
  • Provide back up to the team and Department Manager by taking responsibility of the renewal list and maintaining MI stats
  • Ensure accurate data is maintained to produce bordereau and MI reports
  • Assist in compiling and contribute toward the monthly management report
  • Any general duties that may be required by your Manager in accordance with the nature of this job.

                                                                                                     

4. Generic Knowledge Requirements

 

  • Sufficient knowledge of UK Commercial Property and Casualty (P&C) Insurance
  • Good working knowledge of the Underwriters and London markets
  • Good working knowledge of the UK regulatory requirements and relevant insurance and UK regulatory requirements

 

5.   Competencies Required

 

  • Proactive and possess a ‘can do attitude’
  • Willingness to step in and cover for your colleagues during planned and unforeseen absenteeism
  • Ability to understand and interpret customers’ needs and requirements
  • Work effectively as part of a team
  • Ability to work under pressure and to meet deadlines
  • Ability to use Microsoft Word, Outlook & Excel

 

6.    Personal Specification

 

  • Articulate
  • Presentable
  • Personable
  • Motivated
  • Amenable
  • Team Player
  • Attentive
  • Ambitious
  • Competitive
  • Methodical

 

The Company

Ardonagh Specialty Holdings Ltd incorporates Bishopsgate Insurance Brokers Ltd, Price Forbes & Partners Ltd, Ed Broking, Besso and Piiq. Together, these leading brands offer independent expertise and truly global reach across an unrivalled breadth of markets and client needs. #AD

Ardonagh Specialty Holdings Ltd incorporates Bishopsgate Insurance Brokers Ltd, Price Forbes & Partners Ltd, Ed Broking, Besso and Piiq. Together, these leading brands offer independent expertise and truly global reach across an unrivalled breadth of markets and client needs.

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Closing

in X days

{Expiry}