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BROKER ACCOUNT EXECUTIVE
- Gloucester, Gloucestershire
- £30,000 - £50,000 per annum
- 5 applications
- Job type: Permanent, full-time
- Date:
- Reference: 21151752
Organisation Description
This top insurer is looking for a Broker Account Manager to join their Gloucester office.
This company provides a "people first", sociable working environment and has excellent employee benefits such as pensions, discounted insurance, excellent in-house training, subsidised restaurant, bonus schemes and financial support towards professional development.
The successful candidate will be required to develop profitable business and maximise sales from both existing and new customers whilst maintaining account profitability.
Job Description
Main responsibilities:
- To manage and develop existing and new intermediary relationships in order to maximise opportunity
- Identify target key sources both existing and new to ensure we are considered as a carrier for suitable large opportunities emanating from the area
- Underwrite profitable cases as required within the company’s focus and contribute to scheme presentations
- Contribute to loss ratio objectives to ensure continued profitability of the area
- To build and maintain relationships at Director/Senior Management level
- To formulate and secure the introduction of joint business plans with Key Accounts
- Design and deliver effective call pattern for the geographical area
- To follow agreed guidelines across the product range to assist underwriters in ensuring required profitability margins are met
- To build internal relationships with internal underwriting staff to maintain support when developing new and existing business
- Respond promptly as requested to support activity in areas such as accounts control, agency audits, agency appointment or terminations, product development to maximise inter-departmental effectiveness
- To initiate business plans for the area covering aspects of account performance eg, business quality, renewal rate increases and retention, commission rates, loss ratios and service standards and to assist in the design and execution of MI reporting and analysis work.
- Identify and arrange training to broker staff as required
Person Specification
Skills and Experience
- Experienced in the insurance market, preferably in external field sales.
- Good understanding of the insurance market, the legal background to insurance and the full range of typical insurance products and the technical factors around each. - Experience of and ability to underwrite combined business.
- Good numeracy skills including ability to understand reports relating to company accounts profitability and claims experience.
- Preferably ACII qualified or working towards
Reed Specialist Recruitment Limited is an employment agency and employment business
This top insurer is looking for a Broker Account Manager to join their Gloucester office.
This company provides a "people first", sociable working environment and has excellent employee benefits such as pensions, discounted insurance, excellent in-house training, subsidised restaurant, bonus schemes and financial support towards professional development.
The successful candidate will be required to develop profitable business and maximise sales from both existing and new customers whilst maintaining account profitability.
Job Description
Main responsibilities:
- To manage and develop existing and new intermediary relationships in order to maximise opportunity
- Identify target key sources both existing and new to ensure we are considered as a carrier for suitable large opportunities emanating from the area
- Underwrite profitable cases as required within the company’s focus and contribute to scheme presentations
- Contribute to loss ratio objectives to ensure continued profitability of the area
- To build and maintain relationships at Director/Senior Management level
- To formulate and secure the introduction of joint business plans with Key Accounts
- Design and deliver effective call pattern for the geographical area
- To follow agreed guidelines across the product range to assist underwriters in ensuring required profitability margins are met
- To build internal relationships with internal underwriting staff to maintain support when developing new and existing business
- Respond promptly as requested to support activity in areas such as accounts control, agency audits, agency appointment or terminations, product development to maximise inter-departmental effectiveness
- To initiate business plans for the area covering aspects of account performance eg, business quality, renewal rate increases and retention, commission rates, loss ratios and service standards and to assist in the design and execution of MI reporting and analysis work.
- Identify and arrange training to broker staff as required
Person Specification
Skills and Experience
- Experienced in the insurance market, preferably in external field sales.
- Good understanding of the insurance market, the legal background to insurance and the full range of typical insurance products and the technical factors around each. - Experience of and ability to underwrite combined business.
- Good numeracy skills including ability to understand reports relating to company accounts profitability and claims experience.
- Preferably ACII qualified or working towards
Reed Specialist Recruitment Limited is an employment agency and employment business
