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For Companies At a Glance
- Tasks: Manage client insurance programmes and ensure timely renewals while providing excellent service.
- Company: Join a leading insurance firm with a focus on high-end clients.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values client relationships and innovative solutions.
- Qualifications: 5+ years in insurance with expertise in Ultra High Net Worth Insurance.
- Other info: Exciting career path with a chance to work globally.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Reference: 003961
Vacancy location: Hybrid London – UK
Description
About the Role
Account Executive
- Provision of the day to day servicing of a client’s insurance programme to support retention and development of the business.
- Placement of insurances for clients in accordance with Lockton strategy.
- Effective and timely management of all renewals to ensure completion by the due date.
- Obtain quotations both for new and renewal business.
- Preparation of market and client documentation.
- Check policy documentation for accuracy prior to issue to the client.
- Provision to the client of policy documentation in accordance with regulations and in line with Lockton procedures.
- Deal effectively (and to the satisfaction of the client and the market) with queries, including but not limited to changes in cover and risk.
- Prompt and accurate resolution of accounts queries.
- Identify the risk exposures and advise on insurance and risk management solutions in consultation with the Producer/Partner as required.
- Provision of management information as required.
- Manage and co-ordinate global insurance programmes and liaise with our producer network worldwide, if applicable.
Producer
- Support the business when on-boarding new high-end clients.
- Confident in approach when speaking with new prospects.
- Using in-house systems to set up new client files and producing policy documents.
- Feeding into annual business planning and forecasting.
- Support in the production of proposal documents, response to tenders and presentation materials where necessary.
Candidate Profile
- Minimum of 5 years insurance experience in a similar role.
- Excellent knowledge and experience of Ultra High Net Worth Insurance.
- Outstanding and proven track record in successful client service and retention.
- You will be a highly driven and service lead insurance professional with great business acumen, demonstrating the ability to identify how you can add value from an insurance and risk perspective to clients.
Account Executive/Producer - Motor Trade in Peacehaven employer: Lockton Companies
Contact Detail:
Lockton Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive/Producer - Motor Trade in Peacehaven
✨Tip Number 1
Network like a pro! Get out there and connect with people in the motor trade and insurance sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you get the chance to chat with potential employers or clients, make sure you can confidently explain how your experience aligns with their needs. Tailor your approach to highlight your expertise in Ultra High Net Worth Insurance and client retention.
✨Tip Number 3
Showcase your success stories! Be ready to share specific examples of how you've added value in previous roles. Whether it’s managing renewals or resolving complex queries, having concrete achievements at your fingertips will impress potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you that dream job!
We think you need these skills to ace Account Executive/Producer - Motor Trade in Peacehaven
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Account Executive role. Highlight your experience in insurance, especially with Ultra High Net Worth clients, and showcase any relevant achievements that demonstrate your client service skills.
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 specific experiences that align with the job description and show us your passion for the motor trade insurance sector.
Showcase Your Communication Skills: Since this role involves dealing with clients and managing queries, make sure your application reflects your strong communication skills. Use clear and concise language, and don’t hesitate to share examples of how you've effectively resolved client issues in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Lockton Companies
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of Ultra High Net Worth Insurance. Be ready to discuss specific cases or scenarios where you've successfully managed client needs and how you can add value from an insurance and risk perspective.
✨Showcase Your Client Service Skills
Prepare examples that highlight your outstanding client service and retention track record. Think about times when you went above and beyond for a client, and be ready to share these stories during the interview.
✨Familiarise Yourself with Lockton's Strategy
Research Lockton’s approach to insurance and their market position. Understanding their strategy will help you align your answers with their goals and demonstrate that you're a good fit for their team.
✨Practice Your Pitch
Since you'll be dealing with high-end clients, practice how you present yourself and your ideas. Be confident in your approach when discussing how you would onboard new clients and manage their insurance programmes effectively.
