Account Executive - Marine - P.L. Ferrari

Lockton Companies; Peacehaven; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance brokerage firm in the UK is seeking an Account Executive - Marine to manage client insurance programs. Responsibilities include effective servicing, renewal management, and building client relationships within the maritime industry. The ideal candidate has a proven track record in stakeholder management and understands the intricacies of marine insurance. This hybrid position requires both client-facing skills and the ability to interpret underwriting performance data.

Qualifications

• Proven track record of effective stakeholder management.
• Ability to review and understand underwriting performance data.
• Understanding of the relevant classes of business and the maritime industry.

Responsibilities

• Provision of day-to-day servicing of client’s insurance program.
• Management of all renewals to ensure completion by due dates.
• Obtain quotations for new and renewal business.

Skills

Stakeholder management

Understanding of underwriting performance data

Maritime industry knowledge

Broking and servicing insurance needs

Business development opportunities

Claims experience interpretation

Understanding of legal insurance principles

Regulatory compliance knowledge

Job description

Account Executive - Marine - P.L. Ferrari

Job details

General Information

Reference

003734

Vacancy location

Hybrid

Region

UK

Job Profile

Lockton - Experienced Professional

Title

Account Executive - Marine - P.L. Ferrari

Description

• Provision of the day-to-day servicing of a client’s insurance programme to support the retention and development of the business. (including timely documentation)
• Effective and timely management of all renewals to ensure completion by the due date (including documentation)
• Obtain quotations both for new and renewal business
• Check policy documentation for accuracy prior to issuing to the client.
• Deal effectively (and to the satisfaction of the client and the underwriter) with queries, including but not limited to changes in cover and risk
• Prompt and accurate resolution of client queries
• Identify the risk exposures and advise on insurance and risk management solutions in consultation with the Senior Account Executive where appropriate
• Building and maintaining strong client and underwriter relationships
• Supporting in RFP processes
• Issuance of Lockton Business Principles
• Travel and Client meetings as may be required

Candidate Profile

• Proven track record of effective stakeholder management
• Ability to review and understand Underwriting performance data
• Understanding of the relevant classes of business and the maritime industry
• Ability to broke and service the insurance needs of clients
• Ability to prepare a broking presentation that accurately reflects the cover required and meets the client's demands and needs
• Ability to identify opportunities for business development.
• Ability to prepare and interpret claims experiences and analysis, including claims triangulations and the impact of deductibles
• An understanding of the general Legal principles of insurance, including the role of the broker and adherence to relevant regulations.
• An understanding of regulatory controls and procedures relating to both commercial and retail customers, if applicable.
• An understanding of and adherence to Lockton standards and procedures.

About The Position

The purpose of this role is to support the service delivery of client accounts across Lockton P.L. Ferrari London, support the development of new business opportunities and maintain existing business.