Account Executive - Construction Insurance in London

Account Executive - Construction Insurance in London

London Full-Time 29700 - 36300 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage client relationships and provide expert insurance solutions in the construction sector.
  • Company: Join a leading insurance firm with a focus on innovation and client service.
  • Benefits: Enjoy 25 days leave, private healthcare, and a generous pension scheme.
  • Other info: Hybrid working options and a supportive environment for personal growth.
  • Why this job: Make a real impact in the construction industry while developing your career.
  • Qualifications: Strong communication skills and a passion for client service are essential.

The predicted salary is between 29700 - 36300 £ per year.

An excellent opportunity has arisen to join us as an Account Executive working within WTW’s dedicated placing team, administering and arranging construction related insurances.

The Role

  • Day to day client service, addressing requests and queries from clients, insurers and other third parties
  • Provision of technical, industry and subject matter expertise where required
  • Understanding client’s business and risk management needs and delivering them through the provision of ongoing service
  • Understanding client’s insurance programmes and utilising them in accordance with the client’s insurance and risk management philosophy
  • Maintenance of information on database
  • Application of technical and client knowledge to preparation of documentation required to renew/place business within London and overseas markets (including MRCs, endorsements, etc.)
  • Preparation of market presentations/underwriting submissions as required
  • Interpretation and review of quotations, to ensure fit for purpose and meet client demands/needs
  • Negotiation of terms and cover alterations with insurers and presentation to the client
  • Completion of reports as required – applying both technical and bespoke client knowledge
  • Completion of summaries of insurance for all interested parties (client/network) – applying both technical and client knowledge
  • Attendance at key client and market meetings
  • Working with clients, insurers and overseas network to address and resolve technical and other issues

Qualifications

  • Comprehensive technical knowledge of insurance (and ideally, specifically construction insurance, but this is not essential)
  • Strong interpersonal and communication skills with the ability to build relationships with the client and insurers and maintain strong relationships
  • Excellent client focus with proven experience of delivery of high levels of direct client service
  • Ability to analyse situations and provide recommendations to identify optimum solutions for clients
  • Experience of working with and adhering to processes and systems that support client service delivery
  • Intermediate level of IT systems (as a minimum Microsoft Office)
  • Intermediate knowledge of data analysis
  • Good presentation skills
  • Fluency in French or another European language is preferable but not essential
  • Preferably educated to a degree level or relevant industry experience
  • Preferably with professional qualifications of ACII or similar

What we offer

Enjoy a generous benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, paid professional memberships, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com

Account Executive - Construction Insurance in London employer: WTW

WTW is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a comprehensive benefits package that includes 25 days of annual leave, private healthcare, and a defined contribution pension scheme. The work culture fosters professional growth through hybrid working options and opportunities to engage in meaningful community service, making it an ideal environment for those looking to develop their careers while contributing positively to society.

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Contact Details:

WTW Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Account Executive - Construction Insurance in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Account Executive - Construction Insurance in London

Client Service
Technical Knowledge of Insurance
Construction Insurance Expertise
Interpersonal Skills
Communication Skills
Data Analysis
Presentation Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at WTW.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at WTW

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at WTW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding WTW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.