Client Executive - Management Liability in Norwich

Client Executive - Management Liability in Norwich

Norwich Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
Marsh & McLennan Companies

At a Glance

  • Tasks: Manage client relationships and develop new business opportunities in the insurance sector.
  • Company: Join Marsh, a global leader in risk and insurance solutions.
  • Benefits: Enjoy professional development, flexible work options, and a vibrant, inclusive culture.
  • Other info: Full training provided; no prior insurance experience necessary.
  • Why this job: Make an impact while building your career in a supportive environment.
  • Qualifications: Strong communication skills and a problem-solving mindset are essential.

The predicted salary is between 30000 - 40000 £ per year.

Our Financial & Professional Liability (FINPRO) division is seeking a talented individual to join their Management Liability team in the Norwich office. This is a hybrid role that has a requirement of working at least three days a week in the office.

Are you seeking a role that involves managing existing client relationships whilst working to continuously identify and develop new opportunities for revenue generation? The Client Executive works within a highly skilled team that specialises in managing a portfolio of existing accounts whilst working towards the accrual and development of new client accounts within FINPRO. The role would suit an individual who is genuinely looking to build or continue a career in the insurance industry. Whilst previous insurance experience would be ideal, full training and support will be provided.

What can you expect:

  • You will be responsible for managing a portfolio of existing client accounts that renew annually and new business opportunities, primarily consisting of Directors’ & Officers’ (D&O) liability insurance policies. The portfolio also includes Pension Trustees Liability (PTL), Employment Practices Liability (EPL), and Commercial Crime coverage.
  • In this role, you will liaise directly with clients and internal producers. You will negotiate with insurers within the London insurance market to obtain the most favourable terms and coverage using our proprietary products, presenting the proposed terms, securing their agreement, and ensuring that all policy documentation is prepared accurately and issued promptly.

We will rely on you to:

  • Develop risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
  • Support with the implementation of the Placement strategy to achieve growth goals and provide exceptional client service.
  • Develop the go-to-market strategy and articulate the value of placement function and participate within pricing of services as applicable.
  • Bind coverage and be responsible for the accuracy of placement binders.
  • Create and maintain relationships within own practice, insurance markets, clients, and underwriters to provide cohesive client service.
  • Advise on changing insurance and risk management market conditions and inform client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
  • Interface closely with client executives and client teams to support client retention and new business production.
  • Drive placement/technical support activities on assigned accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required.
  • Advise management about client issues or trends through clear and concise communication and participate in development of solutions.

What you need to have:

  • Excellent communication skills – both written and verbal.
  • Proven organisation abilities and the ability to multi-task.
  • Diligence, accuracy and ability to work to strict deadlines and under pressure.
  • A problem-solving mentality.
  • Pride in maintaining the highest professional standards and appetite to challenge the status quo to ensure we deliver best possible outcomes for our clients.
  • Good standard of Education.
  • Competent in Microsoft Office.

What makes you stand out:

  • Management Liability Insurance knowledge advantageous, but not essential.
  • A good understanding of the general principles surrounding Insurance.

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Client Executive - Management Liability in Norwich employer: Marsh & McLennan Companies

Lippincott is an exceptional employer that fosters a collaborative and innovative work culture, where consultants are empowered to tackle complex brand challenges alongside a passionate team. Located in London, employees benefit from a vibrant city atmosphere, ample opportunities for professional growth, and mentorship from experienced leaders, all while contributing to the development of world-class brands. With a commitment to inclusion and a focus on personal and collective success, Lippincott offers a rewarding environment for those seeking meaningful and impactful careers.

Marsh & McLennan Companies

Contact Details:

Marsh & McLennan Companies Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Client Executive - Management Liability in Norwich

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 Marsh & McLennan Companies). 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 Marsh & McLennan Companies. 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 Client Executive - Management Liability in Norwich

Client Relationship Management
Negotiation Skills
Insurance Knowledge
Risk Management
Communication Skills
Organisational Skills
Multi-tasking

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 Marsh & McLennan Companies.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Marsh & McLennan Companies. 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 Marsh & McLennan Companies

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Marsh & McLennan Companies 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 Marsh & McLennan Companies, 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 Marsh & McLennan Companies'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.