At a Glance
- Tasks: Manage client accounts and ensure top-notch service delivery in a dynamic reinsurance environment.
- Company: Join Price Forbes Re, part of The Ardonagh Group, known for innovation and inclusivity.
- Benefits: Enjoy competitive salary, flexible work options, and a range of employee perks.
- Other info: Flexible working culture with opportunities for personal and professional growth.
- Why this job: Be the key contact for clients and drive success in a thriving industry.
- Qualifications: Experience in reinsurance or insurance operations and strong relationship management skills.
The predicted salary is between 56700 - 69300 £ per year.
- Group annual bonus scheme.
Job Title: Senior Account Manager
Location: London/Hybrid (Typically 2/3 days in the office)
Type: Full time - Permanent (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)
At Price Forbes Re, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.
Working at Price Forbes Re means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.
Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.
What We Can Offer
We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent.
You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.
Further Perks Of Working With Us (Fixed Benefits)
- Employer pension contribution of 10% (providing you, the Employee provides 5%).
- Good work life balance - flexibility to suit you.
- Competitive salary.
- Life Assurance at X4 of your base salary.
- Group Income Protection.
- Generous Annual Leave entitlement.
- Private Medical Insurance.
- Group annual bonus scheme.
About Price Forbes Re
Price Forbes Re is the specialist reinsurance broking business of The Ardonagh Group, one of the world's largest independent insurance distribution platforms. Through a global network of broking, technical and operational professionals, Price Forbes Re provides innovative reinsurance, delegated authority and portfolio solutions to insurers, reinsurers, MGAs and coverholders worldwide.
The Portfolio Solutions division specialises in Binder, MGA and Proportional Treaty business, delivering a comprehensive service model that extends beyond placement to include contract administration, bordereaux management, claims oversight, cash settlement coordination, regulatory support and performance reporting. We work closely with clients and markets to provide operational excellence, strong governance and meaningful portfolio insight, helping clients manage growth, improve performance and meet their strategic objectives.
As our business continues to grow, we are seeking high-performing individuals who combine strong technical knowledge with a commitment to exceptional client service. This role offers the opportunity to work across the full account lifecycle, collaborate with a wide range of stakeholders and contribute directly to the success of both our clients and the wider Portfolio Solutions platform.
Role Purpose
The Account Manager is the primary day-to-day client contact for a portfolio of Binder, MGA and Proportional Treaty accounts. The role acts as the central coordination point between clients, Account Executives and operational teams, ensuring service commitments are delivered, risks are managed and client expectations are exceeded.
The Account Manager is responsible for maintaining oversight of account activity throughout the lifecycle, supporting contractual administration, monitoring performance against agreed KPIs and SLAs, and ensuring effective collaboration across Processing, Claims and IBA functions. The role combines technical understanding, relationship management and operational oversight to deliver a consistent, high-quality client experience.
Key Responsibilities
Client Management
- Act as the primary day-to-day contact for assigned clients.
- Build strong relationships and oversee delivery of agreed service standards.
- Manage client queries, service issues and review meetings.
Account & Contract Administration
- Maintain oversight of new business, renewals, endorsements and contract changes.
- Coordinate slips, binders, Evidence of Cover and related documentation.
- Ensure contract certainty and documentation standards are maintained.
Performance Management
- Monitor client KPIs, SLAs and operational performance.
- Produce client reporting and portfolio management information.
- Drive service improvements and corrective actions where required.
Internal Coordination & Governance
- Coordinate activity between Account Executives, Processing, Claims and IBA.
- Maintain oversight of onboarding, KYC and regulatory requirements.
- Ensure accurate record keeping and adherence to internal procedures.
Essential
Knowledge & Experience
- Experience within reinsurance, insurance or delegated authority operations.
- Knowledge of Binder, MGA, Delegated Authority and Proportional Treaty business.
- Experience managing client relationships and service delivery.
- Understanding of reinsurance contract administration and binding authority documentation.
- Ability to review and coordinate slips, binders, endorsements and contractual records.
Desirable
- Experience within a reinsurance broker.
- Knowledge of London Market processes.
- Exposure to Claims, Processing and IBA functions.
- Experience using OpenTwins or similar systems.
Think you don’t meet every requirement?
We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.
Interview Process
At Price Forbes Re, we have a straightforward interview process to ensure the best fit for both you and the company:
- Submit your application with your CV, emphasising your skills and experience related to the job.
- Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes Re, and answer any immediate questions.
- If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
- Depending on the role, you may be invited to attend a second stage interview with further members of the team.
If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.
We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.
#PFRe
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history, and a standard criminal record check.
#J-18808-Ljbffr
Senior Account Manager - Reinsurance employer: Price Forbes
At Price Forbes Re, we pride ourselves on being more than just an employer; we are a community that champions diversity and fosters professional growth. Located in the vibrant city of London, our hybrid work model offers flexibility while ensuring you are part of a dynamic team dedicated to excellence in reinsurance. With a robust benefits package, including a generous pension contribution, private medical insurance, and numerous employee wellbeing initiatives, we create an environment where you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Account Manager - Reinsurance
✨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 Price Forbes. 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 Senior Account Manager - Reinsurance
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 Price Forbes.
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 Price Forbes'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 Price Forbes
✨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 Price Forbes.
✨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 Price Forbes 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 Price Forbes 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.