At a Glance
- Tasks: Manage a portfolio of Delegated Authority Contracts and support brokers on complex matters.
- Company: Respected Lloyd's Broker with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to lead strategic improvements and drive business growth.
- Why this job: Take ownership of exciting projects and build strong industry relationships.
- Qualifications: 3 years of Lloyd's experience and strong relationship-building skills.
The predicted salary is between 45000 - 55000 € per year.
An independent and well-respected Lloyd's Broker is seeking an Account Manager within their Delegated Authorities Division. This exciting position includes taking ownership of a portfolio of Delegated Authority Contracts, acting as the key link between Producing Brokers, Clients, Underwriters and the Technical Ops teams.
Role Responsibilities
- Support Producing Brokers on complex broking matters, including renewal strategy, capacity discussions, pricing dynamics and syndicate relationship management.
- Participate in (and sometimes lead) client and underwriter meetings, representing the delegated authority function with authority and credibility.
- Lead the renewal process for delegated authority contracts within the portfolio, including early-stage planning, stakeholder coordination and delivery.
- Drive strategic renewal improvements such as coverage refinement, data enhancement, pricing quality, bordereaux accuracy and capacity retention.
- Serve as the second line of defence and the senior liaison between Producing Brokers and the Technical Operations.
- Ensure all delegated authority activities meet Lloyd’s, regulatory and internal governance standards.
- Own the resolution of complex exceptions, referrals and special acceptances.
- Conduct monthly or quarterly portfolio performance reviews with brokers, underwriters and clients to highlight trends, risks, and improvement actions.
- Act as a senior point of contact for client and Coverholder issues — ensuring timely, high-quality resolution of operational and technical matters.
- Support the Producing Broker in building and maintaining strong relationships with Coverholders, TPAs and carriers.
- Support new business opportunities by providing delegated authority expertise.
About You
- ~3 years of Lloyd's of London Insurance experience with a solid understanding of Lloyd’s and Delegated Authority frameworks.
- ~ Strong knowledge of Binders.
- ~ Solid commercial awareness with the ability to support brokers on placement structure, renewal strategy, pricing considerations and capacity management.
- ~ Skilled in navigating underwriter discussions and client interactions with confidence, authority and technical credibility.
- ~ Excellent relationship-building skills with brokers, underwriters, Coverholders, TPAs and internal stakeholders.
- ~ Confident communicator, able to present technical information in a clear, structured, and commercially relevant way.
- ~ Comfortable acting as the senior escalation point for complex referrals, exceptions and performance issues.
- ~ Competent in reviewing and interpreting bordereaux, performance MI, loss runs, aggregate reports and underwriting KPIs.
Account/ Production Executive in London employer: Nashrock Insurance Recruitment
As an independent and well-respected Lloyd's Broker, we pride ourselves on fostering a dynamic work culture that encourages professional growth and collaboration. Our employees benefit from a supportive environment where they can take ownership of their roles, engage in meaningful client interactions, and develop their expertise in the Delegated Authorities Division. With a focus on strategic improvements and strong relationship management, we offer a unique opportunity for those looking to make a significant impact in the insurance industry.
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Account/ Production Executive in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for those interviews by researching the company and the role inside out. We want you to walk in with confidence, ready to discuss how your experience aligns with their needs. Show them you’re the perfect fit!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We believe a little courtesy can make a big difference.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Let’s get you that Account/Production Executive role!
We think you need these skills to ace Account/ Production Executive in London
Some tips for your application 🫡
Show Your Understanding of the Role:Make sure to highlight your knowledge of Lloyd's and Delegated Authority frameworks in your application. We want to see that you understand the nuances of the role and how you can contribute to our team.
Tailor Your CV and Cover Letter:Don’t just send a generic CV! Tailor it to reflect your experience with complex broking matters and relationship management. We love seeing how your skills align with what we’re looking for.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured information that gets straight to the heart of your experience and qualifications.
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 any important updates from us!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of Lloyd's and Delegated Authority frameworks. Be ready to discuss your experience with Binders and how you've navigated complex broking matters in the past. This will show that you’re not just familiar with the terms, but you can apply them in real-world scenarios.
✨Showcase Your Relationship Skills
Since this role involves a lot of interaction with brokers, underwriters, and clients, be prepared to share examples of how you've built and maintained strong relationships in previous roles. Highlight any specific instances where your communication skills made a difference in resolving issues or improving processes.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to delegated authority contracts or client interactions. Think about how you would handle complex exceptions or performance issues, and be ready to articulate your thought process clearly and confidently.
✨Demonstrate Strategic Thinking
This position requires driving strategic renewal improvements, so come prepared with ideas on how you would approach capacity management and pricing dynamics. Discuss any past experiences where you successfully implemented strategies that led to improved outcomes, showcasing your commercial awareness.
