At a Glance
- Tasks: Handle insurance queries, manage client relationships, and ensure compliance with regulations.
- Company: Join a leading Lloyds Broker in the heart of London, known for its dynamic work environment.
- Benefits: Enjoy a hybrid work model, competitive salary, and extensive training opportunities.
- Why this job: Be part of a fast-paced team, enhance your skills, and make a real impact in the insurance sector.
- Qualifications: Experience in insurance, particularly within the London Market, is essential.
- Other info: This is a permanent role with a focus on inclusivity and professional growth.
The predicted salary is between 39000 - 52000 £ per year.
Summary
An opportunity to join a rapidly growing commercial insurance broker who work directly with businesses to provide bespoke risk solutions and competitive premium rates.
You will join a dynamic team of commercial insurance specialists who are adept at developing relationships with prospective and existing clients together with building strong connections with insurers.
Responsibilities:
* Acquire precise risk data to ensure comprehensive coverage solutions.
* Leverage technical acumen gained from a background in commercial and corporate insurance brokering.
* Seamlessly upload risk data onto insurer platforms to facilitate quote generation.
* Craft compelling underwriting presentations tailored to intricate risk profiles.
* Proactively address underwriter inquiries and concerns.
* Employ adept negotiation skills to secure favourable terms with insurers.
* Oversee the renewal process with meticulous attention to detail.
* Facilitate mid-term adjustments to policies as required.
* Clearly articulate coverage details and any policy warranties to clients.
* Manage invoicing processes with accuracy and efficiency.
* Ensure timely issuance of policy documents to clients.
* Resolve client inquiries promptly and effectively.
* Maintain strict adherence to regulatory requirements to uphold industry standards.
Candidate Profile
* You will possess at least 2 year\’s experience in commercial lines insurance
* Collaborate seamlessly within a team environment, contributing positively to collective goals.
* Demonstrate exceptional interpersonal skills both in face-to-face interactions and over the phone, enhancing client relationships.
* Thrive in a fast-paced environment, meeting deadlines with enthusiasm and precision.
What is on offer
* Permanent contract with benefits package
* Salary to £35,000 dep. on level of experience
* Office based role in Southgate area of London, N14
* Mon to Fri – 9:00 to 5:30
Commercial Account Handler employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Handler
✨Tip Number 1
Familiarise yourself with the London Market and its key players. Understanding the nuances of this market will not only boost your confidence but also help you engage more effectively with potential employers during networking opportunities.
✨Tip Number 2
Brush up on your knowledge of compliance regulations, especially those set by the Financial Conduct Authority (FCA). Being well-versed in these regulations will demonstrate your commitment to maintaining high standards in your work.
✨Tip Number 3
Practice your communication skills, both written and verbal. Since the role requires building relationships and negotiating terms, being articulate and clear will set you apart from other candidates.
✨Tip Number 4
Network within the insurance industry, particularly with professionals who have experience in commercial risks. Attend industry events or join relevant online forums to connect with others and learn about potential job openings.
We think you need these skills to ace Commercial Account Handler
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in insurance roles, particularly within the London Market. Emphasise your skills in managing risks and handling commercial policies like Property Owners and Liability.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to respond to intermediary queries and maintain client relationships effectively.
Showcase Communication Skills: Since the role requires strong written and verbal communication, provide examples in your application of how you've successfully communicated with clients and insurers in past roles.
Highlight Compliance Knowledge: Demonstrate your understanding of compliance with regulations, especially those set by the Financial Conduct Authority (FCA). Mention any relevant training or experience that showcases your commitment to maintaining regulatory standards.
How to prepare for a job interview at MW Appointments
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of insurance terms, especially those relevant to the London Market. Being able to discuss policy cover, terms, and conditions confidently will impress your interviewers.
✨Demonstrate Your Communication Skills
As a Commercial Account Handler, you'll need to communicate effectively with intermediaries and clients. Prepare examples of how you've successfully built relationships and handled queries in previous roles.
✨Showcase Your Organisational Skills
Highlight your ability to manage multiple tasks and maintain accurate records. Discuss any tools or methods you use to stay organised, as this is crucial for handling renewals and mid-term queries.
✨Stay Updated on Regulations
Familiarise yourself with the latest regulations from the Financial Conduct Authority (FCA). Being knowledgeable about compliance will demonstrate your commitment to maintaining high standards in your work.