At a Glance
- Tasks: Manage and renew contracts for high-net-worth clients, ensuring top-notch service.
- Company: Join a friendly team at a leading insurance firm in Orpington.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Enjoy a supportive environment with opportunities for career growth.
- Why this job: Make a real impact by providing bespoke insurance solutions to valued clients.
- Qualifications: 2+ years in insurance broking with knowledge of HNW/UHNW policies.
The predicted salary is between 40000 - 50000 £ per year.
We are currently looking for a Private Clients Account Executive to join the professional and welcoming team based out of the Orpington office in Kent. Orpington offers high quality, specialist products to Personal and Commercial clients throughout the UK. We have sustained one of the highest customer satisfaction and retention rates within the industry by focusing on the precise needs of our clients.
In this position you will primarily be involved with offering and renewing contracts for Private Clients that typically include clients with significant wealth and assets that need bespoke as well as standard covers. As an Executive you will manage an existing book of business dealing with new enquiries to expand the company client base. The company is looking to the future and prides itself on a market leading client service model and a long list of product providers and covers it can access. The office team is a friendly, caring and welcoming group of knowledgeable individuals.
The day to day:
- Service designated clients, ensuring that they are retained, and the Company’s income is maintained/developed, including client visits, passing files/instructions to appropriate staff.
- Strong working knowledge of the Private Client Insurance landscape, which should include exposure to HNW Portfolios, home, motor, fine art and jewellery/watches.
- Work closely with other Account Executives and Directors to provide the highest standard service to customers.
- Secure and arrange appropriate cover at renewal at a competitive premium, completing all relevant documentation/computer work.
- Take instructions relating to the provision of insurance cover from clients and Account Executives when appropriate.
- Give instructions to insurers.
- Ensure mid-term adjustments and declarations are processed and records updated.
- Handle the invoicing of all premiums due.
- Check all documentation (i.e. policies and endorsements) for accuracy prior to sending to client.
- Obtain quotations for any relevant new policies/renewals.
- Maintain effective credit control on allocated cases.
- Be conversant with Company Procedures manual and the requirements of the FCA Standards and Rules and to implement and maintain procedures as stipulated.
- Be aware of market conditions and the strengths and weaknesses of competitors.
- Visits to customers where agreed.
- Monitor trends, analyse results and prepare feedback to senior staff.
- Deal with any other client issues that may arise, referring to the appropriate person when the enquiry falls outside your own knowledge and experience.
What’s on offer:
- A negotiable basic salary + all the normal benefits (25 days holiday + Bank Holidays, Pension, Death in Service etc.)
- Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares post probation).
- Full support for your professional development (including fully funded qualifications).
Your Experience:
- Requirement of at least 2+ years insurance broking experience.
- Confident in handling quotation enquiries, renewals and midterm adjustments for various HNW/UHNW insurance policies.
- Understanding of insurance markets, products, wordings and options.
- Acturis insurance broking software knowledge is an advantage.
Senior Private Clients Account Executive in Portsmouth employer: Brown & Brown UK
Join our dynamic team in Orpington, where we pride ourselves on delivering exceptional service to our Private Clients. With a strong focus on employee development and a supportive work culture, we offer competitive salaries, flexible benefits, and fully funded professional qualifications to help you grow in your career. Experience the satisfaction of working in a friendly environment that values client relationships and fosters long-term success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Private Clients Account Executive in Portsmouth
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Senior Private Clients Account Executive role.
✨Tip Number 2
Practice your pitch! You never know when you'll get a chance to impress someone. Prepare a quick summary of your experience and what makes you a great fit for the role. Keep it concise and engaging – you want to leave them wanting to know more!
✨Tip Number 3
Research the company inside out. Know their products, their client base, and what sets them apart in the market. This will not only help you in interviews but also show that you're genuinely interested in being part of their team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Don’t miss out on the chance to stand out!
We think you need these skills to ace Senior Private Clients Account Executive in Portsmouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Private Clients Account Executive role. Highlight your relevant experience in insurance broking and any specific skills that match the job description, like handling HNW portfolios or using Acturis software.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team in Orpington. Mention your passion for client service and how you can contribute to maintaining our high customer satisfaction rates.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Include specific examples of how you've successfully managed client accounts or improved processes in your previous roles. Numbers and results speak volumes!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.
How to prepare for a job interview at Brown & Brown UK
✨Know Your Stuff
Make sure you brush up on your knowledge of the Private Client Insurance landscape. Familiarise yourself with high-net-worth portfolios, home, motor, and fine art insurance. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your experience in handling quotation enquiries, renewals, and mid-term adjustments. This will help demonstrate your capability to manage an existing book of business effectively.
✨Understand the Company
Research the company’s client service model and their product offerings. Knowing what sets them apart in the market will allow you to tailor your answers and show how you can contribute to their success.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. Inquire about their approach to client retention or how they stay ahead of market trends. This shows your genuine interest in the role and the company.
