At a Glance
- Tasks: Manage a portfolio of high-net-worth clients, ensuring their insurance needs are met.
- Company: Gallagher is a global brokerage team focused on risk management and client service.
- Benefits: Enjoy 25+ days holiday, life insurance, health plans, and discounted gym memberships.
- Why this job: Join a diverse team dedicated to excellence and making a positive impact in the community.
- Qualifications: Experience in personal lines insurance and excellent communication skills are essential.
- Other info: Gallagher values inclusion and offers support for applicants with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
Introduction
Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher\’s global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you\’ll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we\’ll build a legacy of trust and triumph in the dynamic world of risk management.
We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
Overview
We are looking to recruit an Account Executive for our Private Clients team in our Sale office. (Clipper House, Chester Road, Stretford, Manchester, M32 8AF)
Our Private Clients team is composed of dynamic, supportive, and well-experienced team members who put excellent client service at the forefront of what they do.
As a Private Clients Account Executive, you will be responsible for managing a portfolio of mid and high-net-worth clients together with connected corporate clients providing them with exceptional service and tailored insurance solutions.
How you\’ll make an impact
- Manage a portfolio of existing Private Client, ensuring their insurance needs are met effectively and efficiently, building and maintaining strong relationships.
- Conduct thorough risk assessments and analysis to determine appropriate coverage for clients.
- Negotiate with insurance underwriters to obtain the best terms and conditions for clients
- Prepare and present insurance proposals to clients, explaining coverage options and pricing
- Process policy changes, endorsements, and renewals accurately and efficiently
- Stay up to date with industry trends and changes in insurance regulations to provide clients with the most relevant and accurate information
About you
- Demonstrable experience as an Account Executive in the Private Clients / Personal Lines insurance sector
- Preferential knowledge of HNW insurance products and coverage options
- Excellent communication and interpersonal skills, with the ability to build rapport with clients and colleagues
- Proven track record of delivering exceptional customer service and exceeding client expectations
- Ability to work independently and manage a large portfolio of clients effectively
- Strong attention to detail and organisational skills
- Proficient in using insurance software (Acturis) and Microsoft Office Suite
- Eligible to work in the UK
Compensation and benefits
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
- Defined contribution pension scheme, which Gallagher will also contribute to
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
- Income protection, we’ll cover up to 50% of your annual income, with options to top up
- Health cash plan or Private medical insurance
Other benefits include:
- Three fully paid volunteering days per year
- Employee Stock Purchase plan, offering company shares at a discount
- Share incentive plan, HMRC approved, tax effective, stock purchase plan
- Critical illness cover
- Discounted gym membership, with over 3,000 gyms nationally
- Season ticket loan
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase
- Emergency back-up family care
- And many more…
We value inclusion and diversity
Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.
We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.
Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
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Senior Account Executive employer: Arthur J. Gallagher & Co.
Contact Detail:
Arthur J. Gallagher & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Account Executive
✨Tip Number 1
Familiarise yourself with the latest trends in high-net-worth (HNW) insurance products. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to understanding the specific needs of potential clients.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work with private clients. Attend relevant events or join online forums to build connections that could lead to referrals or insider information about job openings.
✨Tip Number 3
Prepare to discuss your experience in managing client portfolios effectively. Be ready to share specific examples of how you've built and maintained strong relationships with clients, as this is crucial for the role.
✨Tip Number 4
Showcase your negotiation skills by preparing case studies or scenarios where you successfully negotiated terms with underwriters. This will highlight your ability to secure the best outcomes for clients, a key aspect of the Senior Account Executive role.
We think you need these skills to ace Senior Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the Private Clients or Personal Lines insurance sector. Emphasise your skills in client management, risk assessment, and negotiation, as these are crucial for the Senior Account Executive role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for problem-solving and your commitment to exceptional client service. Mention specific examples of how you've successfully managed client portfolios and exceeded expectations in previous roles.
Highlight Relevant Skills: In your application, clearly outline your proficiency with insurance software like Acturis and your ability to stay updated with industry trends. This will demonstrate your readiness to handle the responsibilities of the position effectively.
Showcase Your Interpersonal Skills: Since building strong relationships is key in this role, include examples of how you've successfully communicated and collaborated with clients and colleagues in the past. This will help convey your suitability for the team-oriented environment at Gallagher.
How to prepare for a job interview at Arthur J. Gallagher & Co.
✨Know Your Portfolio
Before the interview, make sure you have a solid understanding of how to manage a portfolio of mid and high-net-worth clients. Be prepared to discuss your previous experiences and how you've tailored insurance solutions to meet specific client needs.
✨Demonstrate Risk Assessment Skills
Gallagher values thorough risk assessments. Brush up on your analytical skills and be ready to explain how you conduct risk analyses and determine appropriate coverage for clients. Use examples from your past roles to illustrate your expertise.
✨Showcase Negotiation Experience
Negotiating with insurance underwriters is key in this role. Prepare to share specific instances where you've successfully negotiated terms and conditions that benefited your clients. Highlight your communication skills and ability to advocate for client interests.
✨Stay Updated on Industry Trends
Being knowledgeable about current industry trends and changes in insurance regulations is crucial. Research recent developments in the insurance sector and be ready to discuss how these might impact your approach to client service and policy management.