At a Glance
- Tasks: Support Brokers with admin tasks and manage client accounts in a dynamic environment.
- Company: Join a leading international Lloyd's Broker with a thriving Casualty Division.
- Benefits: Gain hands-on experience and clear career progression opportunities.
- Other info: Fast-paced environment with a focus on professional growth.
- Why this job: Be part of a supportive team and work on exciting London Market risks.
- Qualifications: 2+ years in a Lloyd's Broker, MRC Slips experience, and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Working Pattern: Hybrid – 3 days office / 2 days home
Starting Salary: £25,000 + monthly commission and bonuses (increasing after probation)
On-Target Earnings: Circa £35,000 initially, with further earning potential
The Opportunity
An excellent opportunity has arisen for an Account Handler - to join an established and successful insurance brokerage in city of London.
This position would suit an organised, personable and commercially minded individual looking to develop their career within insurance.
The role will involve managing a portfolio of renewal clients, providing a high standard of customer service and working towards achievable monthly targets.
Key Responsibilities
- Manage and broker approximately 20–30 individual renewal cases per month.
- Handle policies with premiums typically ranging from £250 to £5,000.
- Prepare and issue renewal invitations approximately 6–8 weeks ahead of renewal dates.
- Manage multiple renewal cycles simultaneously, ensuring deadlines are met.
- Build and maintain strong relationships with clients throughout the policy year.
- Handle mid-term adjustments, policy amendments and general client enquiries.
- Negotiate renewal terms and ensure clients receive appropriate insurance solutions.
- Work towards achievable monthly performance targets.
- Maintain accurate client records and ensure a high standard of administration.
About You
- Previous experience within insurance broking, account handling or renewals would be advantageous.
- An interest in developing a career within Professional Indemnity insurance.
- Strong organisational skills with the ability to manage a high volume of cases.
- A professional, confident and personable telephone manner.
- Excellent attention to detail and customer service skills.
- A proactive approach with the motivation to achieve monthly targets.
- Ability to work independently and as part of a supportive team.
Salary & Bonus Structure
The position offers an attractive salary package with clear progression following successful completion of probation.
Starting Package:
- Basic salary of £25,000 per annum.
- Monthly bonuses for achieving the monthly target.
- Additional % commission on performance above target.
The company offers a comprehensive employee benefits package, including:
- Hybrid working – 3 days in the office and 2 days from home.
- Company pension scheme.
- Employee Assistance Programme.
- Perks at Work – discounts across retailers, cinemas and leisure activities.
- Season ticket loan.
- Company-funded professional insurance qualifications.
- Quarterly team lunche when team targets are achieved.
The business actively encourages professional development and supports employees wishing to undertake industry-recognised insurance qualifications, with the associated costs covered by the company.
This is an excellent opportunity to build a long-term career within insurance broking, with structured salary progression, achievable bonus opportunities and a supportive team environment.
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Account Handler employer: Nashrock Insurance Recruitment
Join a dynamic and respected specialist underwriting organisation in London, where you will have the opportunity to take ownership of a diverse portfolio of international specialty risks. With a strong emphasis on employee growth, this company fosters a collaborative work culture that encourages innovation and relationship-building with brokers, ensuring you can thrive in your role while enjoying competitive salary packages and benefits.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Account Handler
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nashrock Insurance Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Account Handler
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nashrock Insurance Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nashrock Insurance Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nashrock Insurance Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nashrock Insurance Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nashrock Insurance Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.