At a Glance
- Tasks: Manage and nurture relationships with high-net-worth clients, delivering tailored insurance solutions.
- Company: Join a leading independent broking group expanding in South Yorkshire.
- Benefits: Enjoy hybrid working, a competitive salary, bonuses, and excellent benefits like private medical insurance.
- Other info: Full support for professional qualifications and clear pathways for career progression.
- Why this job: This role offers career growth in a supportive environment with a focus on client satisfaction.
- Qualifications: Experience in customer-facing roles within insurance and knowledge of personal insurance products required.
The predicted salary is between 28000 - 42000 £ per year.
We are delighted to continue our partnership with this leading independent broking group as they continue to invest in their South Yorkshire set up, this time with an additional HNW Account Manager who will take up the servicing and retention of an existing portfolio of clients.
You will play a key role in building and maintaining strong client relationships, supporting clients with personal insurance/HNW needs, and driving growth within your assigned portfolio. Working closely with clients, you will assist in providing tailored insurance solutions, managing renewals, and ensuring their evolving needs are met with expert advice. This role requires a proactive attitude, excellent communication skills, and a growing understanding of personal lines insurance products.
Key Duties:
- Develop and maintain strong relationships with personal lines clients, ensuring their insurance needs are understood and addressed
- Managing a book generating £200k in income, with 80% HNW/Connected and 20% Personal Lines - Premiums range from £100 to £10,000
- Act as a primary point of contact for clients, handling inquiries, providing advice, and offering support throughout the policy life cycle
- Regularly engage with clients to ensure their portfolios remain adequate and aligned with their needs
- Identify new business opportunities through networking, referrals, and word-of-mouth to expand your client base
- Assist in the renewal process for existing clients, ensuring renewals are completed on time and ensuring policies reflect their current needs
- Support in negotiating with insurers to secure competitive terms for clients
- Regularly review client policies and update them as needed to ensure they reflect any changes in risk or life circumstances
Experience/Skills:
- Experience working in a customer-facing role within the insurance industry, specifically in personal lines or private clients
- A basic understanding of personal insurance products, such as home, motor, and travel insurance
- Experience working with insurance platforms and client management systems (e.g., Acturis or similar)
- A growing understanding of compliance regulations, including FCA regulations and Consumer Duty obligations
- Excellent communication skills, with the ability to build rapport and maintain strong client relationships
- Strong organisational skills, with the ability to manage client portfolios and prioritise tasks effectively
- A proactive approach to client management and business development
- Ability to work well in a team, collaborating with colleagues to achieve business goals
- A client-focused mindset, always striving to deliver high levels of service and satisfaction
- Working towards or willing to study for relevant industry qualifications
On offer is a basic salary up to £35,000, 25 days holiday, pension, a bonus based on new business growth, private medical, life assurance, hybrid working with 2 days from home and support for CII qualifications. More importantly, there are genuine opportunities for progression for those that want to develop their careers further, whether that be into client facing or leadership roles.
HNW Account Manager in Sheffield employer: Bell & Co Professional Recruitment Ltd
Bell & Co Professional Recruitment Ltd is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the insurance sector. With a strong focus on employee development, you will have ample opportunities for growth while leading a dedicated team in Yorkshire, where the vibrant local community enhances both professional and personal life. Join us to make a meaningful impact in the industry while enjoying a supportive environment that values your contributions.
Contact Details:
Bell & Co Professional Recruitment Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land HNW Account Manager in Sheffield
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Bell & Co Professional Recruitment Ltd). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Bell & Co Professional Recruitment Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace HNW Account Manager in Sheffield
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Bell & Co Professional Recruitment Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Bell & Co Professional Recruitment Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Bell & Co Professional Recruitment Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Bell & Co Professional Recruitment Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Bell & Co Professional Recruitment Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Bell & Co Professional Recruitment Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
