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- Tasks: Manage your own portfolio and build client relationships while upselling and cross-selling.
- Company: Top independent Lloyd’s Broker with a commitment to high standards and growth.
- Benefits: Competitive salary up to ÂŁ60,000, hybrid working, and comprehensive benefits package.
- Why this job: Join a friendly team and make an impact in a rapidly growing company.
- Qualifications: Experience in Professional Indemnity and strong client management skills required.
- Other info: Supportive environment with opportunities for training and career advancement.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Your new job working as a PI Account Executive will be based in the City of London for an Independent Lloyd’s Broker. Your new Brokers employ over 300 staff around the UK. They have grown rapidly in the last 20 years to be one of the top independent brokers in the UK dealing with over 16,000+ clients. Having completed numerous successful acquisitions, the company has secured further funding to continue its ambitious growth plans. They hold Chartered Insurance Broker status, awarded in recognition of their commitment to maintaining the highest standards in many areas.
Due to growth within their Professional Lines division, a permanent role for a Professional Indemnity Account Executive has arisen.
Your new role working as a PI Account Executive means you will be working on your own portfolio of renewal book of business as well as being able to upsell and cross-sell and bring in new business where possible. Premiums are typically £20,000+. This is a full account management role as well as Broking to Lloyd’s and company Markets. On a daily basis, you will be liaising with clients and underwriters extensively. Business handled will be all classes of PI including D&C, Architects, Accountants, Engineers, Brokers and the occasional Media, FI, and Fin Tech business.
What you'll need to succeed:
- Your previous experience working as an Account Executive handling Professional Indemnity business will contribute to your success in securing this role.
- You will need to have the ability to cross sell and upsell and or be able to bring in new business where possible.
- You will have strong knowledge of insurance products, markets and underwriting processes as well as proficiency in insurance platforms and systems.
- You will be able to demonstrate an ability to generate new business and manage client portfolios effectively whilst running your own book of business as well as strong client servicing and relationship-building skills.
PLEASE ONLY APPLY IF YOU HAVE EXPERIENCE OF PROFESSIONAL INDEMNITY AND HAVE WORKED AS AN ACCOUNT EXECUTIVE OR SENIOR ACCOUNT HANDLER.
What you'll get in return:
You will be offered a competitive salary of up to £60,000 plus a comprehensive benefits and bonus package. This role is hybrid working 3 days in the office. You’ll receive support and training from both Directors and Managers and be given the opportunity to take on further duties in the future. You’ll enjoy working as part of a growing and friendly team and for a company who are an Investor in People and a “Great Places to Work”. They pride themselves on treating their people fairly and equally, yet at the same time treating people as individuals and are a forward-thinking organisation.
PI Account Executive in London employer: hays-gcj-v4-pd-online
Contact Detail:
hays-gcj-v4-pd-online Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PI Account Executive in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with Professional Indemnity. Share specific examples of how you've successfully managed accounts or brought in new business. We want to see your passion and expertise shine through!
✨Prepare for the Interview
Do your homework before the interview! Research the company, understand their values, and be ready to discuss how you can contribute to their growth. We recommend preparing some questions to ask them too – it shows you’re genuinely interested and engaged.
✨Apply Through Our Website
Don’t forget to 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. Let’s get you that PI Account Executive role!
We think you need these skills to ace PI Account Executive in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the PI Account Executive role. Highlight your experience with Professional Indemnity and any relevant achievements that showcase your ability to manage client portfolios and generate new business.
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 previous experience, your understanding of insurance products, and how you can contribute to the company's growth.
Showcase Your Skills: In your application, be sure to highlight your strong client servicing and relationship-building skills. We want to see how you’ve successfully upsold or cross-sold in the past, so don’t hold back on those examples!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with our growing team!
How to prepare for a job interview at hays-gcj-v4-pd-online
✨Know Your PI Inside Out
Make sure you brush up on your knowledge of Professional Indemnity insurance. Understand the different classes, especially those relevant to the role like D&C, Architects, and Accountants. Being able to discuss these confidently will show that you're not just familiar with the products but also passionate about them.
✨Showcase Your Client Management Skills
Prepare examples of how you've successfully managed client portfolios in the past. Highlight any instances where you've upsold or cross-sold effectively. This will demonstrate your ability to handle a renewal book of business and your knack for building strong client relationships.
✨Familiarise Yourself with the Company
Research the broker's history, their growth trajectory, and their commitment to maintaining high standards as a Chartered Insurance Broker. Knowing their values and recent achievements will help you align your answers with what they’re looking for in a candidate.
✨Practice Your Pitch
Since this role involves bringing in new business, be ready to pitch yourself! Prepare a brief overview of how you would approach generating new leads and managing existing clients. This will not only showcase your strategic thinking but also your enthusiasm for contributing to their ambitious growth plans.
