UK Finpro Account Exec

Hays.; London; On-site; GBP 50,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated Account Executive to manage UK Finpro Accounts. In this role, you will oversee client relationships, handle renewals, and negotiate terms with insurers. Your expertise in Finpro and Commercial D&O risks will be crucial as you produce technical documentation and provide tailored advice to clients. Join a rapidly expanding team where your contributions will be valued, and enjoy a competitive salary along with a comprehensive benefits package. This is an exciting opportunity to grow your career in a supportive environment while working with like-minded professionals.

Benefits

Competitive Salary

Comprehensive Benefits Package

Career Progression Opportunities

Supportive Team Environment

Qualifications

• Experience in managing UK Retail Finpro Accounts or Commercial D&O risks.
• Ability to produce technical documentation like endorsements and slips.

Responsibilities

• Handle client management, renewals, and new business enquiries.
• Negotiate terms and produce market presentations for clients.

Skills

Client Management

Negotiation Skills

Technical Documentation

Insurance Knowledge

Adaptability

Education

Experience in Lloyd's Broking

Knowledge of Finpro and D&O Accounts

Tools

MRC Slips

Quote Sheets

Job description

Your new company
Your Independent Lloyd's Broker primarily specialises in FI, FINNPRO, Cyber and Commercial D&O risks are a reputable broker headquartered within the London Insurance Market. They pride themselves on providing 5 star services to elite Finpro clients. Due to recent growth and the development of a UK Finpro retail arm, your Lloyd's Broking House now has a diverse team of over 300 people and have business partners stretching out to over 70 countries. Due to such substantial growth, a permanent job Account Executive is now needed to handle UK Finpro Accounts alongside two Senior Directors.

Your new role
You will be responsible for a full client management role, from handling renewals, dealing with new business enquiries, quoting via Syndicates and Insurers and producing all relevant MRC Slips, Quote sheets and technical documentation. You will be helping the Retail Finpro division to expand through managing accounts and analysing / providing advice on risk and insurance issues and structure appropriate coverage. You will be required to negotiate and obtain the most appropriate carrier, coverage and price, meeting the client's demands. You will also be responsible for producing market presentations in order to secure the best possible terms for the client, with full material disclosure for the clients' requirements. As well as, being able to negotiate agreement to post-placement changes through contract endorsements. Your strong knowledge of either UK Retail Finpro Accounts or UK Commercial D&O risks will enable you to provide clients with the best possible cover.

What you'll need to succeed
Your previous experience working within a Lloyd's Broking House on Finpro or D&O Accounts for Retail clients in a similar role as an Account Executive will lead to your success. You will be technically minded being able to produce various technical documentation including, Endorsements and Slips. Your friendly and confident nature will allow you to adapt well into a diverse team, whilst building and maintaining strong client relationships. The division is new and growing so you will need to be flexible, adaptable and help the team with the overwhelming workload. You must have solid Insurance experience working on Finpro and Commercial D&O Accounts.

What you'll get in return
You'll be offered a competitive salary of c.50K, plus a comprehensive benefits package. You'll receive support from both Directors and Managers with opportunities for growth and career progression. You'll enjoy working for a rapidly expanding Independent Lloyd's Broker and being part of a hardworking, ambitious team. Your new team are full of like-minded individuals willing to support you.