Account Executive/broker - London, United Kingdom - The Ardonagh Group

The Ardonagh Group
The Ardonagh Group
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

Posted by:

Tom O´Connor

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Description

Purpose of the Role:


To assist members of the US Property team in a trainee broker support capacity, and to work on allocated tasks and projects as directed by management to facilitate the business operations of the company.


Key Role Accountabilities:


  • Learn about the London Insurance Market and International Insurance Markets to gain an understanding about Insurance.
  • Shadow Broker Support team members and learn how to produce endorsements and in due course placing slips/MRC's etc.
  • Become an effective team member and collaborate well with peers in the London office.
  • Learn about the data and analytics produced within the US Property Team.
  • Gain an understanding of Facility Creation and the use of it.
  • Gain an understanding of the Claims process.
  • Study towards the Level 3 Insurance Practitioner Apprenticeship (equivalent to CII Certificate), including the Award in London Market Insurance (ALMI).
  • Escalate any potential E&O's to Divisional Directors and the Legal & Compliance team at the earliest opportunity.
  • Preparation of MRC and MTA (endts).
  • Creation placement schematics, premium calculations excellent Excel skills
  • All placing, contract and closing documentation satisfies the client requirements and complies with internal procedures.
  • Contribute to retention of clients through planned and coordinated account renewal.
  • Identifies and develops opportunities for account development to meet client and exceed requirements.
  • Ensure agreed payment terms and payment warranties and met through credit control.
  • Working with broker producers, to educate clients and manage client expectations through market, insurance, and sector briefings.
  • Coordinate and manage client and placement records.

Qualifications & Experience:


  • Relevant Insurance experience required.
  • 5 GCSE passes (or equivalent) including English and Maths.
  • Degree educated.

Person Specification:


  • Proficiency in MS Outlook, Word, and Excel.
  • Organised and reliable.
  • Collaborative team working approach.
  • Ability to work with a range of employees at different organisational levels.
  • Accurate and attentive to detail.
  • Good written and verbal communication skills.
  • Ability to work towards and meet deadlines.
  • Ability to multitask and prioritise own workload.
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