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For Companies At a Glance
- Tasks: Manage high net worth accounts, visit clients, and convert new business inquiries.
- Company: Join a large, expanding insurance broker in North London.
- Benefits: Enjoy a mix of home and office work, with negotiable salary and bonuses.
- Why this job: Be part of a dynamic team focused on excellent client service and retention.
- Qualifications: 5+ years in insurance, with private clients experience; HNW policy knowledge is a plus.
- Other info: Confident communicators who are dedicated to their career will thrive here.
Clark James Recruitment are a specialist recruiter within the Insurance industry offering this exciting opportunity for a High Net Worth Account Executive to join a large and expanding Insurance Broker in the North London area. The role is PART HOME part office based so you’ll need to live in reach of North London. The main purpose of this role is to inherit and service the HNW account, this would require visiting clients and converting new business enquiries and of course maximising opportunities to write business with existing Commercial clients but the priority is to keep up the excellent retention rate of existing clients and maintain 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 need 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. * Manage Client Service levels by identifying each client's service requirements and managing to ensure service meets agreed standards. * Growing the revenue and profitability of the client portfolio. * Retaining the existing client base and acquire new clients You must be a confident communicator as you will be required to liaise with clients in a knowledgeable manner and these 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 experience along with excellent benefits and bonus
HNW INSURANCE ACCOUNT EXECUTIVE employer: Clark James Recruitment
Contact Detail:
Clark James Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land HNW INSURANCE ACCOUNT EXECUTIVE
✨Tip Number 1
Make sure to network within the insurance industry, especially with professionals who have experience in High Net Worth accounts. Attend industry events or join relevant online forums to connect with potential colleagues and clients.
✨Tip Number 2
Familiarize yourself with the specific needs and expectations of High Net Worth clients. Understanding their unique requirements will help you stand out during interviews and demonstrate your commitment to providing exceptional service.
✨Tip Number 3
Prepare to discuss your previous experiences in managing complex insurance policies. Highlight any successful cases where you retained clients or grew a portfolio, as this will showcase your ability to meet the demands of this senior role.
✨Tip Number 4
Since the role involves a mix of home and office work, be ready to discuss how you manage your time effectively. Share examples of how you've balanced client visits with administrative tasks in past roles to show your organizational skills.
We think you need these skills to ace HNW INSURANCE ACCOUNT EXECUTIVE
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in the insurance industry, especially focusing on your work with High Net Worth clients. Use specific examples to demonstrate your ability to manage complex risks and maintain high service levels.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your years of experience and how they align with the responsibilities outlined in the job description. Highlight your communication skills and dedication to client service.
Showcase Relevant Achievements: Include specific achievements in your application that showcase your ability to grow revenue and retain clients. Quantify your successes where possible, such as percentage increases in client retention or revenue growth.
Prepare for Interviews: If invited for an interview, prepare to discuss your experience in detail. Be ready to provide examples of how you've successfully managed client relationships and navigated complex insurance policies. Demonstrating your knowledge of the industry will be key.
How to prepare for a job interview at Clark James Recruitment
✨Showcase Your Experience
Make sure to highlight your relevant experience in the insurance industry, especially with High Net Worth clients. Be prepared to discuss specific cases where you've successfully managed complex risks and how you maintained excellent client retention.
✨Demonstrate Your Communication Skills
Since this role requires liaising with VIP clients, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated with clients in the past, ensuring they felt valued and understood.
✨Understand the Market
Research the current trends in the insurance market, particularly for High Net Worth individuals. Being knowledgeable about the latest developments will show your dedication and help you stand out as a candidate who is genuinely interested in the field.
✨Prepare Questions
Have insightful questions ready to ask during the interview. This could include inquiries about the company's approach to client service or how they handle complex HNW policies. It shows your interest in the role and helps you assess if the company is the right fit for you.
