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For Companies At a Glance
- Tasks: Manage client relationships and identify new revenue opportunities in a dynamic team.
- Company: Join Marsh, a global leader in insurance and risk management.
- Benefits: Enjoy hybrid work flexibility, competitive salary, and professional development opportunities.
- Why this job: Make an impact by driving client success and shaping innovative solutions.
- Qualifications: Strong communication skills and a desire to learn about insurance management.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
The predicted salary is between 28800 - 48000 £ per year.
Are you seeking a role that involves managing existing client relationships whilst working to continuously identify and develop new opportunities for revenue generation? We are seeking someone who can combine this with a desire to work towards the sales strategy of our team here at Marsh. If you feel you have the skills required and you are eager to explore this opportunity further, please apply today.
Position Overview
The Account Broker 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.
Key Responsibilities
- Uses significant risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
- Implements the Placement strategy to achieve growth goals and provide exceptional client service.
- Develops the go-to-market strategy and articulates the value of placement function and participates within pricing of services as applicable.
- Facilitates submission of coverage specifications and obtains quotes from carriers based upon the Client First Principals for Broking, being "Identify, Promote, Pursue, Handle, Continue Manage" transaction model.
- Binds coverage and is responsible for the accuracy of placement binders.
- Creates and maintains relationships within own practice, insurance markets, clients, and underwriters to provide cohesive client service.
- Advises on changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
- Interfaces closely with client executives and client teams to support client retention and new business production.
- Drives senior 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.
- Advises management about client issues or trends through clear and concise communication and participates in development of solutions.
Skills & Experience
- A good understanding of the general principles surrounding Insurance Management Liability Insurance knowledge advantageous, but not essential.
- Competent in Microsoft Office.
- Confident and articulate verbal and written communicator.
About Marsh
Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people.
Marsh McLennan 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 colour, 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 in Norwich employer: Marsh McLennan
Contact Detail:
Marsh McLennan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Client Executive in Norwich
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. The more people know you’re looking for a Client Executive role, the better your chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by researching Marsh and understanding their client-first principles. Be ready to discuss how your skills align with their sales strategy and how you can contribute to their growth goals.
✨Tip Number 3
Practice your pitch! You’ll want to articulate your value clearly and confidently. Think about how your experience in managing client relationships can help Marsh achieve its objectives.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Marsh.
We think you need these skills to ace Client Executive in Norwich
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Client Executive role. Highlight your experience in managing client relationships and any relevant sales strategies you've implemented. We want to see how you can bring value to our team!
Showcase Your Communication Skills: Since this role requires confident verbal and written communication, don’t shy away from demonstrating these skills in your application. Use clear and concise language, and make sure your enthusiasm for the role shines through!
Highlight Relevant Experience: If you've got experience in insurance or risk management, make it front and centre! Even if you don't have direct experience, think about transferable skills that relate to the responsibilities outlined in the job description.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at Marsh!
How to prepare for a job interview at Marsh McLennan
✨Know Your Client Management Skills
Make sure you can clearly articulate your experience in managing client relationships. Think of specific examples where you've successfully developed new opportunities or resolved client issues, as this will show your potential employer that you understand the importance of client retention and growth.
✨Understand the Insurance Landscape
Brush up on your knowledge of insurance management and risk advisory services. Even if you’re not an expert, having a basic understanding of industry trends and challenges will help you engage in meaningful conversations during the interview.
✨Prepare for Behavioural Questions
Expect questions that assess how you handle various situations. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you provide clear and concise responses that demonstrate your problem-solving skills and ability to work within a team.
✨Showcase Your Communication Skills
As a Client Executive, strong verbal and written communication is key. Practice explaining complex concepts in simple terms, and be ready to discuss how you’ve effectively communicated with clients and colleagues in the past. This will highlight your ability to build relationships and convey important information.
