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 strong 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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Private Clients 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 Private Clients Account Executive
✨Tip Number 1
Familiarise yourself with the latest trends in high-net-worth (HNW) insurance products. Understanding the nuances of these offerings will not only boost your confidence during discussions but also demonstrate your commitment to providing tailored solutions for clients.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who specialise in private clients. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your negotiation skills, as this role involves negotiating with underwriters. Consider role-playing scenarios with a friend or mentor to practice articulating your points clearly and confidently.
✨Tip Number 4
Stay updated on changes in insurance regulations and market conditions. Subscribing to industry newsletters or following relevant blogs can help you remain informed, which is crucial for advising clients accurately.
We think you need these skills to ace Private Clients 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 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 role effectively.
Showcase Your Interpersonal Skills: Since building rapport with clients is essential, include examples of how you've successfully communicated and built relationships in past positions. 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 Insurance Products
Familiarise yourself with high-net-worth (HNW) insurance products and coverage options. Being able to discuss these in detail will demonstrate your expertise and show that you're prepared for the role.
✨Showcase Your Client Management Skills
Prepare examples of how you've successfully managed client portfolios in the past. Highlight your ability to build strong relationships and deliver exceptional customer service, as this is crucial for the Private Clients Account Executive position.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific instances where you've tackled complex problems or conducted thorough risk assessments. This will showcase your analytical skills and your ability to provide tailored solutions for clients.
✨Stay Updated on Industry Trends
Research current trends and changes in insurance regulations. Showing that you are informed about the industry will reflect your commitment to providing clients with the most relevant and accurate information.