Commercial Insurance Account Manager
Commercial Insurance Account Manager

Commercial Insurance Account Manager

Birmingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Gallagher

At a Glance

  • Tasks: Manage client accounts, process renewals, and provide top-notch service in insurance.
  • Company: Gallagher is a global brokerage team focused on risk management and client empowerment.
  • Benefits: Enjoy 25+ days holiday, life insurance, health plans, and discounted gym memberships.
  • Why this job: Join a diverse team dedicated to excellence and make a real impact in the community.
  • Qualifications: Strong communication skills and a good understanding of insurance principles are essential.
  • Other info: Gallagher values inclusion and offers support for applicants with disabilities.

The predicted salary is between 36000 - 60000 £ per year.

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.

Due to team expansion, we’re looking for an Insurance Broker Account Manager to join our Care and Charities team, based in our City Centre Birmingham Office. As an Account Manager, you will be underwriting on a fully delegated authority scheme for Domiciliary Care and Supported Living Agencies and broking Care Home risks and related products. Within this multifaceted role, you can expect to be processing renewals, mid-term adjustments and new business – involving both Direct and Wholesale, working directly with Primary Care related organisations and cross selling on Cyber, PA, Fidelity Guarantee, D&O.

An individual who can provide a quality service to new and existing clients, has Acturis knowledge, and has excellent communication skills. If you have previous experience in other lines of insurance, we are able to provide training and upskill individuals within the Charities and Care Sector.

How you'll make an impact:

  • Maintain relationships with clients, assisting with day to day enquiries, MTAs and confirming cover arrangements.
  • New business quotations and cross selling appropriate additional cover.
  • Prepare for renewal by reviewing mid-term changes, acquiring claims listings and issue PRQ.
  • Ensure all details of calls, correspondence and risk details updates are uploaded to Acturis.
  • Prepare terms where delegated authority is provided, referring where appropriate.
  • Prepare market presentations and broke all risks to market including e-trade & schemes.
  • Negotiate terms both in respect of price and policy coverage.
  • Compare cover options, assess suitability and build quotations, letters or reports as appropriate.
  • Instruct Insurers in good time, check & issue policy documentation including Certificates.
  • Invoice, arrange finance, process card payments.
  • Lapse policies, RFQs and clients on Acturis on expiry/cancellation.
  • Produce and issue Summary of Insurance where required.
  • Diary all outstanding matters and follow up as appropriate.
  • Handle all account queries highlighting any concerns to line managers on time.
  • Raise any complaints, errors or omissions with management on discovery to protect Gallagher’s reputation.
  • Maintain and update knowledge of insurance products, services and markets as and when developments occur.
  • Build and maintain network of contacts in both internal and external markets.
  • Provide training and/or coaching for less experienced colleagues.

About You:

  • Good understanding of insurance principles and the coverage, terms and conditions of transacted risk types along with the requirements of the niche sectors in which we operate.
  • Risk aware with strong planning and analytical skills along with accuracy and high attention to detail.
  • Excellent written and verbal communication skills.
  • Empathy and the ability to remain calm and composed when working under pressure, and when faced with challenges.
  • Ability to ask relevant questions to identify client needs.
  • Adept at negotiating to achieve the desired result.
  • Self-motivated with ability to work independently whilst also being a teammate.
  • Able to plan and organise, multi-tasking to support several lines of enquiry within a regulated, measurable framework to achieve SLA’s.
  • Professional and empathetic with internal and external clients, maintaining confidentiality and integrity at all times.
  • Proficiency in using MS Office, Acturis, E-trade platforms and Gallagher applications.
  • Aligned with Gallagher Values and Behaviours.
  • Willingness to achieve Cert CII as minimum and work towards ACII.

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.
  • 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.

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.

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.

Commercial Insurance Account Manager employer: Gallagher

Gallagher is an exceptional employer that fosters a vibrant and inclusive work culture, where employees are empowered to grow and excel in their careers. With a strong commitment to employee well-being, the Birmingham office offers competitive benefits, including generous holiday allowances, health plans, and opportunities for professional development. Join us in a dynamic environment that values diversity and encourages collaboration, making a meaningful impact in the world of risk management.
Gallagher

Contact Detail:

Gallagher Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Account Manager

✨Tip Number 1

Familiarise yourself with the specific insurance products and services that Gallagher offers, particularly in the Care and Charities sector. Understanding these will help you speak confidently about how you can contribute to their team.

✨Tip Number 2

Network with current employees or industry professionals who have experience in commercial insurance. This can provide you with insider knowledge about the company culture and expectations, which can be invaluable during interviews.

✨Tip Number 3

Brush up on your negotiation skills, as this role requires you to negotiate terms with insurers. Consider role-playing scenarios with a friend or mentor to build your confidence in this area.

✨Tip Number 4

Stay updated on the latest trends and regulations in the insurance industry, especially those affecting the Care and Charities sectors. This knowledge will not only impress during interviews but also demonstrate your commitment to professional development.

We think you need these skills to ace Commercial Insurance Account Manager

Understanding of insurance principles
Knowledge of coverage, terms and conditions
Risk assessment skills
Strong planning and analytical skills
Attention to detail
Excellent written communication skills
Strong verbal communication skills
Empathy and composure under pressure
Negotiation skills
Self-motivation and independence
Ability to multi-task
Proficiency in MS Office
Experience with Acturis and E-trade platforms
Client relationship management
Confidentiality and integrity
Willingness to pursue professional qualifications (Cert CII, ACII)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in insurance, particularly in account management and underwriting. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your problem-solving skills and ability to build client relationships. Mention specific examples of how you've successfully managed accounts or handled challenges in previous roles.

Highlight Relevant Skills: Emphasise your understanding of insurance principles, communication skills, and proficiency with tools like Acturis and MS Office. These are crucial for the role and should be clearly stated in your application.

Show Enthusiasm for the Company: Express your passion for working at Gallagher and your alignment with their values. Mention any knowledge you have about their commitment to diversity and inclusion, as this is important to them.

How to prepare for a job interview at Gallagher

✨Understand the Role

Before the interview, make sure you thoroughly understand the responsibilities of a Commercial Insurance Account Manager. Familiarise yourself with underwriting processes, client relationship management, and the specific insurance products relevant to the role.

✨Showcase Your Communication Skills

Since excellent communication is key in this role, prepare examples that demonstrate your ability to communicate effectively with clients and colleagues. Be ready to discuss how you've handled challenging conversations or negotiations in the past.

✨Demonstrate Problem-Solving Abilities

Prepare to discuss specific instances where you've successfully identified and solved problems in previous roles. Highlight your analytical skills and how they can help in assessing risks and providing tailored solutions for clients.

✨Familiarise Yourself with Acturis

As knowledge of Acturis is essential for this position, ensure you are comfortable discussing your experience with this platform. If you have any specific examples of how you've used it to manage accounts or streamline processes, be sure to mention them.

Commercial Insurance Account Manager
Gallagher
Location: Birmingham
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