International Construction - Broker Account Executive
International Construction - Broker Account Executive

International Construction - Broker Account Executive

London Full-Time 28800 - 43200 ÂŁ / year (est.) No home office possible
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Gallagher

At a Glance

  • Tasks: Join our team to manage accounts and negotiate insurance terms for clients.
  • Company: Gallagher is a global leader in risk management, dedicated to excellence and diversity.
  • Benefits: Enjoy 25+ days holiday, life insurance, health plans, and discounted gym memberships.
  • Why this job: Be part of a supportive culture that values inclusion and empowers your career growth.
  • Qualifications: A-Level education or equivalent; insurance knowledge and strong interpersonal skills are preferred.
  • Other info: We welcome diverse applicants and offer reasonable adjustments during the recruitment process.

The predicted salary is between 28800 - 43200 ÂŁ 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. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We are looking to recruit an Account Executive to join the International Construction team within Alesco/Gallagher based in the office in London. You will be responsible for servicing accounts by preparing documentation for our clients, including but not limited to project and renewal administration, preparation of underwriting presentations to insurers, negotiating premiums with underwriters, preparing client reports and other documentation in conjunction with the account managers.

How you'll make an impact

  • Assist in the placement process, the gathering of information and preparation of underwriting submission.
  • Prepare documentation for existing customers in relation to renewals and mid-term adjustments in partnership with account managers.
  • Support Brokers in negotiating with insurers to obtain terms for clients that accurately and effectively match customer requirements.
  • Follow up on quotations and lend support to Brokers.
  • Ensure all customer details are recorded accurately.
  • Deal with Insurer queries in relation to customer policies.
  • Assist with customer queries relating to existing policies and liaise with insurers regarding potential changes and new terms for policies.
  • Confirm cover with relevant insurers, process policies and chase up outstanding documentation when required.
  • Deal with account queries and credit control matters, ensuring they are resolved efficiently and any concerns are raised.
  • Manage own workload in order to effectively service the client relationship and ensure placements are completed within client deadlines.
  • Support senior team members in the RFP process.

About You

  • Holding/working towards one of the Chartered Insurance Institute Qualifications: Cert CII / Dip CII.
  • Educated to A-Level standard or equivalent is desirable.
  • Basic knowledge of general insurance (London Market / Lloyd’s and Industry) products, services, classes of insurance including underlying legal principles and practices relating to risk within own role capacity.
  • Insurance administration experience desirable in a commercial setting.
  • Excellent working knowledge MS Office, particularly Word & Excel.
  • Due diligence in administration and policy checks / processes.
  • Accuracy and attention to detail.
  • Good knowledge of client, market and insurance industry network.
  • Comfortable working to targets.
  • Strong interpersonal and negotiation skills.
  • Self-motivated and motivates others to achieve.
  • Excellent customer service focus.
  • Able to identify potential risk/issues and seek advice/consultation when required.
  • Good planning and analytical skills.
  • Eligible to work in the UK.

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.
  • Other benefits include:
  • 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. We see inclusion as a conscious commitment and diversity as a vital strength.

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. We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know. Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

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.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

International Construction - Broker Account Executive employer: Gallagher

Gallagher is an exceptional employer that fosters a vibrant work culture in London, where diversity and inclusion are at the heart of our operations. We offer competitive salaries, generous benefits including a minimum of 25 days holiday, and ample opportunities for professional growth within a supportive team environment. Join us to not only advance your career but also to contribute to a legacy of trust and excellence in risk management.
Gallagher

Contact Detail:

Gallagher Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land International Construction - Broker Account Executive

✨Tip Number 1

Familiarise yourself with the London Market and Lloyd's insurance products. Understanding these will not only help you in interviews but also demonstrate your commitment to the role and industry.

✨Tip Number 2

Network with professionals in the insurance and construction sectors. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the role.

✨Tip Number 3

Brush up on your negotiation skills, as this role involves negotiating premiums with underwriters. Consider role-playing scenarios with friends or colleagues to build confidence.

✨Tip Number 4

Stay updated on current trends and challenges in the construction industry. This knowledge will help you engage in meaningful conversations during interviews and show your proactive approach.

We think you need these skills to ace International Construction - Broker Account Executive

Chartered Insurance Institute Qualifications (Cert CII / Dip CII)
Knowledge of general insurance products and services
Insurance administration experience in a commercial setting
Excellent working knowledge of MS Office, particularly Word and Excel
Attention to detail and accuracy in documentation
Strong interpersonal and negotiation skills
Ability to work to targets and manage workload effectively
Excellent customer service focus
Analytical skills for risk assessment
Ability to identify potential risks and seek advice when necessary
Experience in preparing underwriting submissions
Familiarity with the London Market and Lloyd's insurance practices
Effective communication skills for liaising with clients and insurers

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in insurance and risk management. Emphasise any roles where you've dealt with client accounts, documentation preparation, or negotiation with insurers.

Craft a Compelling Cover Letter: In your cover letter, express your passion for problem-solving and how it aligns with Gallagher's mission. Mention specific skills that relate to the job description, such as your knowledge of general insurance products and your interpersonal skills.

Showcase Relevant Qualifications: If you hold or are working towards Chartered Insurance Institute qualifications, make this prominent in your application. This shows your commitment to the industry and enhances your credibility.

Highlight Your Attention to Detail: Given the importance of accuracy in this role, provide examples in your application that demonstrate your attention to detail and due diligence in previous positions, especially in insurance administration.

How to prepare for a job interview at Gallagher

✨Understand the Role

Before the interview, make sure you thoroughly understand the responsibilities of an Account Executive in the International Construction team. Familiarise yourself with the key tasks such as preparing documentation, negotiating premiums, and managing client relationships. This will help you articulate how your skills align with the role.

✨Showcase Your Knowledge

Demonstrate your understanding of the insurance industry, particularly in relation to general insurance products and services. Be prepared to discuss any relevant qualifications, like Cert CII or Dip CII, and how they apply to the position. This shows your commitment to the field and your readiness to contribute.

✨Highlight Your Interpersonal Skills

As this role requires strong interpersonal and negotiation skills, be ready to provide examples from your past experiences where you've successfully navigated client relationships or broker negotiations. This will illustrate your ability to effectively communicate and build trust with clients and colleagues.

✨Prepare Questions

At the end of the interview, you'll likely have the opportunity to ask questions. Prepare thoughtful questions about the company culture, team dynamics, or specific challenges the International Construction team is currently facing. This not only shows your interest in the role but also helps you assess if it's the right fit for you.

International Construction - Broker Account Executive
Gallagher
Location: London
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