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Construction Account Executive
Ref. JO0000007638

Position Construction Account Executive
Sector Account Executive
Location City of London, City
Type Permanent
Salary £35K - £45K / Annum
Reference JO0000007638
Summary CONSTRUCTION ACCOUNT EXECUTIVE £35,000 - £45,000 AAE

Lloyds Broker seeking to recruit an Account Executive/Broker to join its Construction Team.

To deliver client service through; advising clients on their insurance programmes, negotiating and placing contracts of insurance that meet client needs and conforming to company practice quality standards. Ensuring Construction team placements are fully compliant with Divisional Procedures



Quoting, Placement and Post Contract Alterations

*Analyse and provide advice on risk and insurance issues and structure appropriate coverage.

*Placing structure is appropriate to the insured's operations; exposure and risk transfer goals.

*Market presentations secure best possible terms for the client, with full material disclosure.

*Negotiates and obtains the most appropriate carrier, coverage and price for the clients' requirements.

*Resolves subjectivities and warranties in accordance with client/insurer instructions to secure underwriters' participation.

*Negotiates agreement to post-placement changes, e.g. by contract endorsement.



Market Relationships

*Develops and maintains Market Relationships to permit the widest placing opportunities.



Management Information

*Produce and analyse premium/brokerage/claims/renewal and other statistics as may be required by line manage



Client Management

*Identifies and manages client requirements in accordance with the terms of appointment

*Builds and maintains strong client relationships

*Achieves a high rate of client retention through well-planned and executed account renewal management

*Ensures there are sufficient resources to meet client day-to-day demands and escalates servicing issues to divisional management as necessary



Essential Experience:

London or international market experience within Construction Insurance preferably in Account servicing to large international corporations; technical insurance.



IT literacy in Word, Outlook and Excel (Intermediate)

Ref 7638

MW Appointments is acting as an Employment Agency in relation to this vacancy.
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