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- Tasks: Manage client needs and collaborate with teams to place reinsurance effectively.
- Company: Join a leading firm in the reinsurance industry, known for its innovative solutions.
- Benefits: Enjoy competitive pay, professional development opportunities, and a supportive work culture.
- Why this job: Be part of a dynamic team that values integrity and professionalism while making an impact.
- Qualifications: Must have experience as an Account Manager and strong analytical skills; A level education preferred.
- Other info: Ideal for detail-oriented individuals who thrive in a collaborative environment.
The predicted salary is between 43200 - 72000 £ per year.
Your main responsibilities as a Senior Account Manager will include:
- Providing a pro-active approach to ensure efficient handling of our client’s needs
- Working in partnership with Account Executives and broking team in the marketing of placing reinsurance, involving communication with clients and reinsurers
- Analysing client requirements to identify an appropriate scope of insurance coverage and providing advice to clients and colleagues and assist them with the interpretation of clauses
- Compiling and analysis of data necessary for the preparation of market submissions and presentations and market sheets for the quotation and placement phases
- Resolving queries received from clients and reinsurers – liaising with colleagues within other departments as necessary.
- Populating and maintenance of data within IT systems, generating and reviewing of contractual documentation including final documentation to confirm coverage to clients
- Liaising with Premium advocates to ensure all premiums are paid on time and organising chasing where appropriate
- Liaising with Claims advocates to ensure all claims are paid promptly
Your skills and expertise:
- Proven track record of working as an Account Manager or Contract Expert and have an excellent understanding of the (re)insurance market
- Be educated to A level standard or equivalent
- Strong experience in managing effective client and reinsurer relationships
- Great data analytical and problem-solving skills
- Excellent interpersonal skills, including communication, presentation skills and ability to work as part of a team
- Excellent attention to detail
- High level of IT competency (Intermediate level in Microsoft Excel, PowerPoint and Word)
- Understanding of compliance and FCA regulation
- Demonstrate integrity and professionalism
Senior Reinsurance Account Manager employer: IDEX Consulting Ltd
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Account Manager
✨Tip Number 1
Network with professionals in the reinsurance industry. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn more about the current trends and challenges in the market.
✨Tip Number 2
Familiarize yourself with the latest compliance regulations and FCA guidelines. This knowledge will not only help you in interviews but also demonstrate your commitment to maintaining high professional standards.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed client relationships in the past. Highlight your problem-solving skills and how you've used data analysis to drive decisions.
✨Tip Number 4
Showcase your IT skills, especially in Microsoft Excel, PowerPoint, and Word. Be ready to discuss how you've utilized these tools in previous roles to enhance efficiency and communication.
We think you need these skills to ace Senior Reinsurance Account Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Reinsurance Account Manager position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your proven track record as an Account Manager or Contract Expert. Provide specific examples of how you've successfully managed client and reinsurer relationships in the past.
Showcase Analytical Skills: Since the role requires strong data analytical skills, include examples of how you've used data analysis in previous positions. Mention any relevant tools or software you are proficient in, especially Microsoft Excel.
Tailor Your Application: Customize your cover letter to reflect your understanding of the (re)insurance market and how your skills align with the company's needs. Use keywords from the job description to demonstrate your fit for the role.
How to prepare for a job interview at IDEX Consulting Ltd
✨Showcase Your Client Management Skills
Be prepared to discuss specific examples of how you've successfully managed client relationships in the past. Highlight your proactive approach and any strategies you've used to ensure client satisfaction.
✨Demonstrate Your Analytical Abilities
Since the role requires strong data analytical skills, come ready to explain how you've analyzed client requirements and provided tailored insurance solutions. Use concrete examples to illustrate your problem-solving capabilities.
✨Familiarize Yourself with Compliance Regulations
Understanding compliance and FCA regulations is crucial for this position. Brush up on relevant regulations and be ready to discuss how you've navigated these in previous roles.
✨Prepare for Team Collaboration Questions
This role involves working closely with Account Executives and other teams. Think of instances where you've successfully collaborated with others, and be ready to share how you contribute to a team environment.
