At a Glance
- Tasks: Manage client accounts and provide tailored insurance solutions in a dynamic environment.
- Company: Global (re)insurance broking firm with over 120 years of industry leadership.
- Benefits: Competitive salary, generous pension, private medical insurance, and flexible leave options.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
- Why this job: Join a diverse team and make a real impact in the insurance industry.
- Qualifications: Experience in insurance and strong communication skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
About us: Headquartered in London, we operate internationally and at Lloyd’s. With a global team of over 1000 people and 10 international offices, we’re able to advise from Brussels to Bermuda. As an independent (re)insurance broking firm we work with intermediaries, direct insureds and reinsurers. For over 120 years we’ve been industry leaders in a variety of specialist areas.
Working here: A career with us means the freedom to flourish. Whether you’re beginning your journey or ready to make your next move you’ll find a team of talented, inspirational people who care about their work and each other. What really sets us apart is our people. We’re a diverse range of passionate advocates for doing things differently. We work together as one team, and our aim is always the outcome that will benefit everyone.
What you’ll do: Professional & Financial Risks. The team secures risk transfer solutions for professionals operating across a wide range of sectors, from established businesses through to new start-ups, on a direct basis and via third party intermediaries around the globe. When working with retail and wholesale brokers, cover holders and MGAs, we assist in arranging cover that addresses the current professional liability exposures referenced above. You will provide prompt, accurate and effective broking and account management directly to clients and business unit.
- Understand the clients’ business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service.
- Keep track of impending renewals, gathering renewal information in good time to enable terms to be obtained and firm orders placed.
- Preparation of market documentation in accordance with clients and market needs.
- Negotiate with London and overseas markets to place insurance risks in accordance with the clients needs, as required.
- Advise clients on the selection of insurers and solutions available, as appropriate.
- Work closely and maintain relationships with key market contacts, as required.
- Support the creation of presentations for both new and existing clients.
- Accurate and timely production of client documentation (Market Reform Contracts, Evidence of Cover, Policies etc).
- Ensure that market documentation is closed in a timely manner, making particular note of Premium Payment Warranty provisions and contract certainty deadlines and diarising as appropriate.
- Liaise with technical teams to assist the delivery and processing of insurance placements.
- Maintain accurate and concise placing files, using the corporate document management system.
- Liaise with compliance to ensure all procedures are followed.
- Ensure accurate and timely input of data in all applicable systems.
- Grow existing portfolio by identifying new, and/or existing opportunities and participate in cross selling across Miller (where applicable).
- Perform quality control checks on all documentation.
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market.
Qualifications: CII qualifications desirable.
Knowledge: Knowledge of Lloyd's, London and international insurance markets, and broking.
Experience: Experience within insurance industry, including London market or commercial insurance. Excellent written and verbal communication skills. Excellent negotiation skills. Excellent accuracy and attention to detail.
Benefits: On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance.
- Medicare cash plan.
- Minimum of 25 days annual leave (with flexibility to buy more).
- Life Assurance.
- Income Protection.
- Critical Illness cover.
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave.
At Miller, we are committed to creating an inclusive and supportive environment for all candidates. If you require any adjustments or accommodations to support you during the application process, please don’t hesitate to let us know.
Account Handler - Professional & Financial Risks employer: Miller
At Miller, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a strong commitment to employee growth, we provide extensive training opportunities and a supportive environment where diverse talents can thrive. Located in the heart of London, our team enjoys a competitive benefits package, including generous pension contributions, private medical insurance, and a minimum of 25 days annual leave, making us an attractive choice for those seeking a meaningful career in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Account Handler - Professional & Financial Risks
✨Tip Number 1
Get to know the company inside out! Research their values, recent projects, and industry standing. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for interviews by practising common questions and scenarios related to the role. Think about how your skills align with what they need, especially in professional and financial risks. Confidence is key!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it keeps you on their radar!
We think you need these skills to ace Account Handler - Professional & Financial Risks
Some tips for your application 🫡
Know Your Stuff:Before you start writing, make sure you understand the role and the company. Dive into the job description and highlight key responsibilities and qualifications. This will help us see how your experience aligns with what we’re looking for.
Tailor Your Application:Don’t just send a generic CV and cover letter. Personalise your application to reflect the specific skills and experiences that match the Account Handler role. We love seeing how you can bring value to our team!
Showcase Your Communication Skills:Since excellent written communication is key for this role, make sure your application is clear, concise, and free of errors. Use professional language but let your personality shine through – we want to get to know the real you!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be good to go!
How to prepare for a job interview at Miller
✨Know Your Stuff
Before the interview, make sure you understand the insurance industry, especially the professional and financial risks sector. Familiarise yourself with Lloyd's and the London market, as well as the specific services the company offers. This knowledge will help you answer questions confidently and show your genuine interest in the role.
✨Showcase Your Communication Skills
As an Account Handler, excellent communication is key. Prepare examples of how you've effectively communicated with clients or colleagues in the past. Practice articulating your thoughts clearly and concisely, as this will demonstrate your ability to negotiate and build relationships, which are crucial for the role.
✨Be Ready to Discuss Problem-Solving
Think of scenarios where you've identified a client's needs and provided effective solutions. Be prepared to discuss how you approach problem-solving, especially in high-pressure situations. This will highlight your ability to manage client expectations and deliver results, which is essential for success in this position.
✨Prepare Questions
At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful questions about the company's culture, team dynamics, and growth opportunities. This not only shows your enthusiasm for the role but also helps you determine if the company is the right fit for you.