At a Glance
- Tasks: Handle Cyber and D&O risks while supporting Placing Brokers in Financial Lines.
- Company: Join a growing Lloyd's Broker with a global presence and a focus on financial services.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a successful team making an impact in the financial lines market.
- Qualifications: Previous experience in account management or related fields is preferred.
- Other info: Opportunity to work with a diverse team and gain valuable industry insights.
The predicted salary is between 36000 - 60000 £ per year.
Your new company Your new job working as an Account Manager (Technician) will be working for a growing Lloyd’s Broker with offices based around the UK and Worldwide, with their head office based in the City. They have a US and Canadian reach and pride themselves on providing the best Financial Lines, PI, Cyber, E&O, D&O and Tech service for the market. Due to continued successful growth within their financial lines team, they are looking to recruit an Account Manager (Broker support Technician) to join their team where you will be handling Cyber and D&O risks. Your new role Your new role working as an E&O Account Manager will be handling Financial Lines risks – ideally with a focus on Open Market Cyber, D&O, E&O and related risks where you will be providing Technical and account management support to the Placing Brokers in the Financial Lines teams. Your role will include the creation of open market MRC’s and facilities, declaration, off-slips and endorsements, some day-to-day client and market involvement as and when required, as well as the preparation of market submissions for new and renewal business. You will also liaise with clients to request information and the preparation of Final Terms/Binding documents for clients. Working closely with processing and Accounts teams in order to monitor premium payments and assist in chasing outstanding funds What you’ll need to succeed Your previous experi…
E&O Account Handler/Technician employer: Hays Specialist Recruitment Limited
Contact Detail:
Hays Specialist Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land E&O Account Handler/Technician
✨Tip Number 1
Familiarize yourself with the specific types of risks you'll be handling, such as Cyber and D&O. Understanding these areas will not only boost your confidence but also help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the Lloyd's market, especially those who work in Financial Lines. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 3
Stay updated on the latest trends and regulations affecting Cyber and D&O insurance. This knowledge will demonstrate your commitment to the field and your ability to provide valuable insights to the team.
✨Tip Number 4
Prepare to discuss your experience with creating open market MRCs and handling client communications. Be ready to share specific examples that highlight your technical skills and account management capabilities.
We think you need these skills to ace E&O Account Handler/Technician
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the E&O Account Handler/Technician position. Understand the key responsibilities and required skills, especially in handling Financial Lines risks like Cyber and D&O.
Tailor Your CV: Customize your CV to highlight relevant experience in account management and technical support within the insurance sector. Emphasize any previous work with Financial Lines, Cyber, or D&O risks.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for the role and the company. Mention specific experiences that align with the responsibilities of the E&O Account Handler position and how you can contribute to their team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and professional.
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Understand the Financial Lines Landscape
Make sure you have a solid grasp of Financial Lines, especially Cyber, D&O, and E&O risks. Familiarize yourself with current market trends and challenges in these areas, as this knowledge will demonstrate your expertise and commitment to the role.
✨Prepare for Technical Questions
Expect technical questions related to creating open market MRCs, endorsements, and market submissions. Brush up on your technical skills and be ready to discuss your previous experiences handling similar tasks.
✨Showcase Your Communication Skills
As an Account Manager, you'll need to liaise with clients and brokers regularly. Prepare examples that highlight your communication skills, particularly in managing client relationships and resolving issues effectively.
✨Demonstrate Team Collaboration
This role involves working closely with processing and accounts teams. Be prepared to discuss how you've successfully collaborated with different departments in the past and how you can contribute to a cohesive team environment.