Location
London - office-based, requiring attendance five days per week.
Hours
Full Time
Salary
Negotiable
About the Role
We are currently seeking a full-time Account Executive to support the continued build-out of our offering within Direct and Facultative. The successful candidate will work across both Property and Casualty (Re)Insurance lines and support an existing team managing a portfolio of material sized placements. You will be involved in business planning and collaborate with the team to help shape an overall Global Strategy for the group. This is an exciting opportunity to join a team that has made impressive strides in a short period and offers significant opportunities for growth and development.
The remit is broad, spanning Insurance and Reinsurance Lines of Business covering large and complex single risks, Facilities, and Reinsurance (Proportional and Non-Proportional). You will support a portfolio of large, complex clients as part of our North American Casualty team, working in a fast-paced environment and engaging with a diverse group of clients from various industry sectors.
Key responsibilities include:
- Supporting brokers in the negotiation and placement of complex liability insurance programs
- Coordinating with US colleagues to prepare underwriting submissions for London insurers
- Demonstrating knowledge of London Market Reform Contracts including quote, binder, and policy review
- Undertaking renewal market presentations and negotiations with appropriate recommendations
- Optimising revenue from new and existing clients through effective management of placement support functions, facilities, and markets
- Ensuring transparency of agency and other commitments to carriers and clients
- Ensuring compliant processing of contracts in line with FCA and contract certainty requirements
- Developing and maintaining a pipeline of prospects and growing relationships with US retail network and client servicing teams
- Responding promptly to ad hoc client service requirements and new business introductions
- Identifying opportunities for account penetration and cross-selling across the business
- Understanding clients’ business and risk management needs to deliver tailored solutions
- Managing changes in client circumstances to ensure appropriate cover
- Liaising internally to maintain a consistent approach across WTW specialties
- Providing technical, industry, and subject matter expertise where required
- Operating within business policies and procedures and communicating effectively with clients and markets
- Maintaining knowledge of internal WTW and industry systems and ensuring internal metrics are met
- Liaising with offshore processing centres to ensure timely premium payment flow
- Supporting peer Account Executives and Brokers through timely administration of client accounts
Experience
Relevant insurance industry experience is preferred but not essential. Experience working with Property and Casualty (Re)Insurance lines and knowledge of London Market Reform Contracts is advantageous.
About you
- A proactive, fast learner able to execute effectively in a team environment
- Strong relationship builder comfortable in a client-facing role
- Solutions-driven with the ability to own and manage various processes
- Detail-oriented and able to manage competing timelines
- Strong communication, negotiation, and influencing skills
- Excellent problem-solving, planning, and numeracy abilities
Qualifications
Degree level education or comparable industry experience is required.
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