Senior Account Executive

Senior Account Executive

Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Howden Group

At a Glance

  • Tasks: Manage a portfolio of professional indemnity clients and build strong relationships.
  • Company: Join Howden, a global insurance group with a unique employee-owned culture.
  • Benefits: Enjoy flexible working hours, career progression, and a supportive team environment.
  • Other info: Embrace a culture of collaboration and innovation with excellent growth opportunities.
  • Why this job: Make a positive impact while working with diverse clients in a dynamic industry.
  • Qualifications: 5+ years in professional indemnity insurance and strong client relationship skills.

The predicted salary is between 50000 - 65000 £ per year.

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It's what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities - work / life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.

The Role

As a Senior Account Executive within our major clients professional indemnity team, you will take ownership of a portfolio of mid to large retail clients across professional services, including accountants, lawyers and global miscellaneous PI risks. The role is primarily client-facing, with some interaction with the market, and is focused on delivering strong client outcomes while supporting the continued growth of the team's book of business.

What you'll be doing
  • Manage a portfolio of professional indemnity clients, delivering day-to-day servicing, renewals and mid-term adjustments
  • Build and maintain strong relationships with key clients, acting as a trusted point of contact
  • Identify and develop opportunities to grow the existing book, maintaining a consistent pipeline of new business
  • Engage proactively with clients and placing brokers to understand requirements and deliver appropriate solutions
  • Review and assess client documentation to ensure it is accurate and supports the quoting process
  • Structure and present risks effectively to market, ensuring clear and comprehensive submissions
  • Produce high quality market documentation, securing appropriate internal and external approvals
  • Negotiate with insurers to achieve suitable cover, terms and pricing for clients
  • Support the delivery of placements across professional services risks, including complex and global exposures
  • Ensure all activity is delivered in line with regulatory and internal standards
  • Manage competing priorities effectively, maintaining accuracy and service delivery in a fast-moving environment
  • Contribute to the wider success of the team by supporting collaboration and sharing market insight
Who we're looking for
  • Proven experience managing professional indemnity risks within the insurance market, ideally 5+ years
  • Experience working with mid to large corporate or retail clients within professional services sectors
  • Strong track record of handling renewals, mid-term adjustments and new business development
  • Experience engaging directly with clients and building long-term relationships
  • Knowledge of the PI market, including insurers, competitors and key territories
  • Experience preparing and presenting risks to the market and negotiating terms
  • Ability to manage multiple priorities and deliver accurate work under pressure
  • Experience operating in a client-facing role with some exposure to insurer engagement
Qualifications
  • Cert CII or progress towards ACII is desirable
  • Experience within professional indemnity insurance is essential
  • Strong written and verbal English, with the ability to communicate information clearly
  • Good numeracy skills, with confidence working with pricing and financial information

A career that you define. At Howden, we value diversity - there is no one Howden type. Instead, we're looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new
  • We support each other in the small everyday moments and the bigger challenges
  • We are determined to make a positive difference at work and beyond
Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working.

If you're excited by this role but have some doubts about whether it's the right fit for you, send us your application - if your profile fits the role's criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

Senior Account Executive employer: Howden Group

Howden is an exceptional employer, offering a vibrant work culture that prioritises employee ownership and collaboration. With a strong focus on work-life balance, career progression, and sustainability, employees are empowered to drive meaningful change while enjoying the benefits of a supportive international team. Located in London, the role of Senior Account Executive provides unique opportunities for professional growth within a dynamic environment, making it an attractive choice for those seeking a rewarding career in the insurance sector.

Howden Group

Contact Details:

Howden Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Account Executive

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Howden Group). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Howden Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Senior Account Executive

Client Relationship Management
Professional Indemnity Insurance Knowledge
New Business Development
Renewals Management
Negotiation Skills
Market Documentation Preparation
Regulatory Compliance

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Howden Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Howden Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Howden Group

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Howden Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Howden Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Howden Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.