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For Companies At a Glance
- Tasks: Manage high net worth clients and grow your portfolio while providing top-notch service.
- Company: Join a leading insurance broker in the vibrant SE London/Kent area.
- Benefits: Negotiable salary, excellent benefits, and performance bonuses await you.
- Why this job: Make a real impact by working with VIP clients and complex insurance needs.
- Qualifications: 5+ years in insurance, with experience in private clients and HNW policies.
- Other info: Dynamic role with opportunities for career advancement in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Clark James Recruitment are offering this exciting opportunity for a High Net Worth Account Executive to join a large and expanding Insurance Broker in the SE London/Kent area. The role is office based 5 days so you’ll need to live in reach of London.
The main purpose of this role is to inherit and service the HNW account, which would require visiting clients and converting new business enquiries while maximising opportunities to write business with existing Commercial clients. The priority is to maintain an excellent retention rate of existing clients and provide a personal service.
You would need several years of experience within a relevant Insurance role. Private Clients/Personal Lines experience is essential, and any experience of dealing with HNW policies would be a bonus as some of the risks involved are complex. This is a senior role, so the company requires around 5 years or more of experience.
Main responsibilities will include:
- Deciding which insurers should be approached on specific risks and negotiating the most appropriate terms for the client.
- Managing Client Service levels by identifying each client's service requirements and ensuring service meets agreed standards.
- Growing the revenue and profitability of the client portfolio.
- Retaining the existing client base and acquiring new clients.
You must be a confident communicator as you will be required to liaise with clients in a knowledgeable manner. These clients are of a VIP nature, so they expect a high level of service. We are looking for a dynamic individual who is articulate, hardworking, and dedicated to their career within the insurance industry. Salary is negotiable depending on experience, along with excellent benefits and bonus.
HNW INSURANCE ACCOUNT EXECUTIVE in London employer: Clark James Recruitment LTD
Contact Detail:
Clark James Recruitment LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land HNW INSURANCE ACCOUNT EXECUTIVE in London
✨Tip Number 1
Network like a pro! Attend industry events and connect with people in the insurance sector. You never know who might have a lead on that perfect HNW Account Executive role.
✨Tip Number 2
Showcase your expertise! Prepare to discuss your experience with HNW policies and client retention strategies during interviews. We want to see how you can bring value to the team.
✨Tip Number 3
Practice your pitch! Be ready to articulate your approach to managing client relationships and negotiating terms. Confidence is key when dealing with VIP clients.
✨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 connect directly with us.
We think you need these skills to ace HNW INSURANCE ACCOUNT EXECUTIVE in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the HNW Insurance Account Executive role. Highlight your relevant experience in private clients and personal lines, and don’t forget to mention any specific achievements that showcase your ability to retain clients and grow portfolios.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your years of experience, your approach to client service, and how you plan to maintain that excellent retention rate we value so much.
Showcase Your Communication Skills: Since this role involves liaising with VIP clients, it’s crucial to demonstrate your communication skills. In both your CV and cover letter, use clear and professional language, and maybe even include examples of how you've successfully managed client relationships in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Clark James Recruitment LTD
✨Know Your Stuff
Make sure you brush up on your knowledge of High Net Worth insurance policies. Familiarise yourself with the complexities involved and be ready to discuss specific examples from your past experience. This will show that you’re not just a candidate, but someone who truly understands the nuances of the role.
✨Client-Centric Mindset
Since this role involves maintaining a personal service for VIP clients, think about how you can demonstrate your client management skills. Prepare anecdotes that highlight your ability to retain clients and provide exceptional service, as well as how you've successfully converted new business enquiries in the past.
✨Showcase Your Negotiation Skills
Negotiating terms with insurers is a key part of the job. Be prepared to discuss your negotiation strategies and any successful outcomes you've achieved. Think of specific instances where you’ve had to advocate for a client’s needs and how you navigated complex situations.
✨Be Articulate and Confident
As a senior role, confidence and communication are crucial. Practice articulating your thoughts clearly and concisely. You might even want to do a mock interview with a friend or colleague to get comfortable discussing your experience and approach in a confident manner.
