At a Glance
- Tasks: Manage client relationships and lead a team to deliver top-notch insurance solutions.
- Company: Dynamic insurance firm focused on growth and innovation.
- Benefits: Competitive salary, career development, and a diverse work environment.
- Why this job: Join a team where your leadership can drive real change in client service.
- Qualifications: Experience in account management and strong communication skills required.
- Other info: Embrace diversity and contribute to a supportive workplace culture.
The predicted salary is between 36000 - 60000 £ per year.
Account Directors are instrumental in the strategic management of client relationships, championing insurance products and maintaining a high standard of customer service. This pivotal role requires a thorough understanding of insurance policies, risk management, and excellent communication skills, both in managing client relationships and leading internal teams.
The role involves a combination of handling and developing your own clients end-to-end, as well as working with Account Handlers and other Directors to meet clients' needs, ultimately helping the business achieve its objectives and drive continued growth.
You will also be responsible for line managing a team, predominantly Account Handlers. This includes people management and overseeing personal development.
Service and administer a portfolio of commercial and property insurance clients in a timely, professional, and compliant manner. Identify opportunities for recommendations and referrals from existing clients, providing comprehensive protection solutions through appropriate products and services.
Policy Management- Evaluate insurance policies to ensure they meet clients' requirements.
- Assist clients in understanding policy terms, conditions, and coverage.
- Process policy renewals, endorsements, and cancellations efficiently.
- Conduct risk assessments for clients and provide recommendations for coverage or mitigation.
- Ensure your team adheres to regulatory and company standards, including FCA, GDPR, and internal policies.
- Support continuous improvement of team processes, systems, and client service delivery.
- Act as a liaison between clients and insurance carriers, ensuring timely resolution of issues and claims.
- Establish and manage strategic partner relationships and foster strong connections with potential clients, influencers, and suppliers.
- Team Leadership & Performance Management: Conduct regular 1:1s, appraisals, and performance reviews.
- Talent Development & Coaching: Support and develop team members to enhance skills, engagement, and career progression. Provide constructive feedback, mentoring, and learning opportunities.
- Workload & Resource Management: Allocate work effectively across the team, ensuring efficiency, fairness, and alignment with client priorities.
Experience in a similar Account Executive or Account Director role within commercial and/or property insurance.
Proactive line management experience, including regular 1:1s, performance management, and ownership of personal development plans.
Good technical knowledge of insurance products, with the ability to present confidently to clients or internal audiences on insurance-related topics when required (with appropriate training and support).
Ability to work efficiently under pressure, with excellent planning, organisational, and time management skills.
Confident in the use of relevant systems and software for client management, documentation, and analysis.
An innovative and creative approach to problem-solving, with the ability to demonstrate how this has supported client retention or business development.
Experience within Commercial General and/or Real Estate insurance.
Exposure to team or business change, including supporting colleagues through transition.
Our aim is to create an environment that encourages diversity, builds on individual differences, and responds equitably to the needs of all. We proactively take steps to fulfil our legal obligations, remove barriers, monitor for fairness, reflect the communities we serve, and enforce a zero-tolerance policy for breaches of our Equality and Diversity policy.
Executive Account Manager (Permanent) in City of London employer: NRG
Contact Detail:
NRG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Account Manager (Permanent) in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about building relationships that can lead to job opportunities.
✨Show Off Your Skills
When you get the chance to meet with potential employers, make sure to highlight your experience in managing client relationships and your knowledge of insurance products. Use real-life examples to demonstrate how you've successfully handled challenges in the past.
✨Prepare for Interviews
Do your homework before any interview! Research the company, understand their values, and be ready to discuss how your skills align with their needs. Practise common interview questions and prepare some thoughtful questions to ask them too.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our site not only shows your interest but also helps us keep track of your application. Plus, we love seeing candidates who are proactive!
We think you need these skills to ace Executive Account Manager (Permanent) in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Executive Account Manager. Highlight your experience in managing client relationships and your knowledge of insurance products. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your communication skills and explain why you're the perfect fit for this role. Don’t forget to mention your experience with team management and client service – we love that!
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to drive growth and improve client satisfaction. Numbers speak volumes, so if you’ve increased client retention or sales, let us know!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at NRG
✨Know Your Insurance Inside Out
Make sure you brush up on your knowledge of insurance policies, risk management, and compliance standards. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can also handle complex client needs.
✨Showcase Your People Management Skills
Prepare examples of how you've successfully managed teams in the past. Highlight your experience with performance reviews, coaching, and personal development plans. This will demonstrate your capability to lead and develop a team effectively.
✨Demonstrate Your Problem-Solving Abilities
Think of specific instances where you've tackled challenges creatively. Be ready to share how your innovative solutions have led to client retention or business growth. This will illustrate your proactive approach and ability to think on your feet.
✨Practice Your Communication Skills
Since this role involves liaising with clients and internal teams, practice articulating your thoughts clearly and confidently. Consider doing mock interviews or presenting to friends to refine your delivery and ensure you can engage effectively with various audiences.