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For Companies At a Glance
- Tasks: Manage relationships with brokers and handle policy renewals efficiently.
- Company: Join one of the UK's largest brokers in a dynamic Manchester team.
- Benefits: Enjoy a collaborative work environment with opportunities for growth and development.
- Why this job: Be part of a reputable company making an impact in the insurance industry.
- Qualifications: Experience in Commercial Combined or Combined Liability broking is essential.
- Other info: Ideal for those looking to advance their career in wholesale broking.
The predicted salary is between 36000 - 60000 £ per year.
Location: Manchester
Purpose of role:
We are currently working with one of the largest brokers within the UK who are recruiting for a Wholesale Account Manager to join their team in Manchester. The ideal candidate will have experience handling the following lines of business: Commercial Combined, Combined Liability, Professional Indemnity, Contractors – All Risks.
You will be managing a panel of Producing Brokers with the main responsibility of building relationships and being the main contact for day-to-day queries.
Key responsibilities:
- Ensure efficient and timely management of an existing portfolio of policies for producing brokers.
- Work closely with the Placement Team to secure terms for new inquiries and renewals that need to be rebrokered.
- Handle up to 30 renewals monthly.
- Maintain regular communication with UK Brokers.
- Discover opportunities for business growth and new inquiries.
- Verify the accuracy of documentation and establish client records.
- Apply knowledge of insurance principles and risk management to identify exposures and propose solutions.
- Address any queries related to coverage or accounting.
Experience:
- Strong oral and written presentation skills.
- Keen attention to detail.
- Effective communication and independent work while managing priorities.
- Understanding of regulatory controls and proficiency with customized IT programs.
- Team collaboration, resource utilization, and adherence to standards.
- Background in Commercial Combined/Combined Liability broking or underwriting.
- Prior experience in London Market placements or wholesale broking is highly beneficial.
If you have the relevant experience or know someone that does, please contact us now on 0203 411 8430 or email us at admin@lawesgroup.co.uk.
Wholesale Account Handler employer: Lawes Insurance Recruitment
Contact Detail:
Lawes Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wholesale Account Handler
✨Tip Number 1
Familiarise yourself with the key lines of business mentioned in the job description, such as Commercial Combined and Professional Indemnity. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in wholesale broking or have experience with Producing Brokers. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with managing portfolios and handling renewals. Be ready to share specific examples of how you've successfully built relationships with brokers and addressed their queries effectively.
✨Tip Number 4
Research the company and its position within the UK market. Understanding their values and recent developments can help you tailor your approach and show genuine interest during any discussions with them.
We think you need these skills to ace Wholesale Account Handler
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in handling Commercial Combined, Combined Liability, and Professional Indemnity. Use specific examples to demonstrate your skills in managing broker relationships and handling renewals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with the London Market and how you can contribute to business growth and client management.
Highlight Relevant Skills: Emphasise your strong oral and written presentation skills, attention to detail, and ability to manage priorities. These are crucial for the Wholesale Account Handler position.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Lawes Insurance Recruitment
✨Know Your Lines of Business
Make sure you have a solid understanding of Commercial Combined, Combined Liability, and Professional Indemnity. Be prepared to discuss your experience with these lines and how you've successfully managed them in the past.
✨Demonstrate Relationship-Building Skills
Since you'll be managing a panel of Producing Brokers, highlight your ability to build and maintain strong relationships. Share examples of how you've effectively communicated and resolved queries in previous roles.
✨Showcase Your Attention to Detail
With responsibilities like verifying documentation and maintaining client records, it's crucial to demonstrate your keen attention to detail. Prepare to discuss specific instances where your meticulousness has positively impacted your work.
✨Familiarise Yourself with Regulatory Controls
Understanding regulatory controls is essential for this role. Brush up on relevant regulations and be ready to explain how you've adhered to these standards in your previous positions.
