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For Companies At a Glance
- Tasks: Manage and develop relationships with motorsport clients while handling insurance policies.
- Company: Join a dynamic, independent Lloyd’s broker with a strong heritage in specialty broking.
- Benefits: Enjoy hybrid working, competitive salary, bonuses, and tailored career development.
- Why this job: Work with high-profile clients in motorsport and engage in exciting industry events.
- Qualifications: Experience in the Lloyd’s market and a passion for motorsport are essential.
- Other info: CII qualifications are desirable; this role offers significant professional growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, UK (Hybrid flexibility available)
Company: Independent Lloyd’s Insurance Broker
Job Type: Full-Time, Permanent
Reports To: Head of Motorsport Practice
About the Company
Our client is a dynamic, independent Lloyd’s of London broker with a strong heritage and a forward-thinking approach who excel in the specialty broking marketplace.
Role Overview
Our client is seeking a driven and commercially minded Motorsport Account Executive to join their London-based team. The successful candidate will take responsibility for managing and developing a portfolio of motorsport clients - ranging from race teams and event organisers to drivers and sponsors - while contributing to the continued growth of the book through both servicing and new business activity.
Key Responsibilities
- Account Management: Develop and maintain strong relationships with a broad range of motorsport clients, including teams, circuits, and stakeholders across various disciplines.
- Broking & Policy Placement: Prepare market submissions, negotiate with underwriters, and place tailored insurance programmes; such as on-track liability, event cancellation, personal accident, and equipment cover.
- Technical Support: Ensure the timely and accurate preparation of slips, endorsements, certificates, and all client documentation.
- Underwriter Engagement: Liaise with Lloyd’s and company market underwriters, maintaining up-to-date knowledge of products, pricing, and market appetite relevant to motorsport risks.
- Event Attendance: Represent the firm at motorsport events and industry gatherings to support client engagement and business development.
Key Requirements
Essential:
- Proven experience within the Lloyd’s of London insurance market, preferably in a client-facing or broking role.
- A solid understanding of commercial insurance products relevant to motorsport.
- Demonstrated ability to manage client accounts and deliver high-quality service.
- Excellent negotiation, presentation, and communication skills.
- Ability to work independently and as part of a collaborative team.
- High attention to detail and organisational skills.
- Right to work in the UK.
Desirable:
- Existing network within the motorsport or sports insurance sectors.
- CII qualifications or willingness to work towards them.
- Passion or personal interest in motorsport or automotive industries.
What We Offer
- Competitive salary and bonus
- Hybrid working policy
- Supportive, entrepreneurial culture
- Tailored career development and training
- Opportunity to work with high-profile and exciting clients in the motorsport world
- Access to the Lloyd’s market and ongoing professional growth
Motorsport Insurance Account Executive employer: AMC Executive Search
Contact Detail:
AMC Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Motorsport Insurance Account Executive
✨Tip Number 1
Network within the motorsport community. Attend motorsport events, trade shows, and industry gatherings to meet potential clients and industry professionals. Building relationships in this niche market can significantly enhance your chances of landing the job.
✨Tip Number 2
Stay updated on the latest trends and developments in motorsport insurance. Familiarise yourself with current policies, risks, and market appetite. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the field.
✨Tip Number 3
Leverage your existing connections in the Lloyd’s of London insurance market. If you have contacts who work in similar roles or companies, reach out to them for insights and advice. They might even refer you to opportunities within their networks.
✨Tip Number 4
Showcase your passion for motorsport during conversations. Whether it's discussing your favourite events or sharing experiences related to the industry, demonstrating your enthusiasm can set you apart from other candidates and make a lasting impression.
We think you need these skills to ace Motorsport Insurance Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the Lloyd's of London insurance market and any client-facing roles. Emphasise your understanding of commercial insurance products, particularly those related to motorsport.
Craft a Compelling Cover Letter: In your cover letter, express your passion for motorsport and how it aligns with the role. Mention specific experiences that demonstrate your negotiation skills and ability to manage client accounts effectively.
Showcase Relevant Skills: Highlight your excellent communication and presentation skills in both your CV and cover letter. Provide examples of how you've successfully engaged with clients or stakeholders in previous roles.
Research the Company: Familiarise yourself with the independent Lloyd's broker's values and recent developments in the motorsport insurance sector. This knowledge will help you tailor your application and prepare for potential interviews.
How to prepare for a job interview at AMC Executive Search
✨Show Your Passion for Motorsport
Make sure to express your enthusiasm for motorsport during the interview. Share any personal experiences or interests related to the industry, as this will demonstrate your genuine passion and help you connect with the interviewers.
✨Highlight Relevant Experience
Prepare to discuss your previous experience in the Lloyd's of London insurance market. Be ready to provide specific examples of how you've managed client accounts and delivered high-quality service, as this is crucial for the role.
✨Demonstrate Negotiation Skills
Since negotiation is a key part of the job, be prepared to discuss your approach to negotiating with underwriters. You might even want to role-play a negotiation scenario to showcase your skills and confidence.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to motorsport insurance and their client base. This shows that you are engaged and interested in the role, and it can also help you assess if the company is the right fit for you.
