Employee Benefit Consultant - London, United Kingdom - Jenson Fisher
Description
Employee Benefits Account Executive
£60,000 plus benefits and bonus
12 Month Contract
Hybrid role (2 days in the office)
Our client is a leading wholesale insurance and reinsurance broker providing tailor-made solutions for UK and International clients.
This role provides key client relationship management to maintain and strengthen relationships with existing clients on renewal and new business.
Duties:
- Maintain and strengthen relationships with existing clients and consultants. Regular calls and meetings to discuss and assess their needs and requirements.
- Develop new business opportunities with clients and consultants,
- Preparation of presentations, tenders and quotations for preferred provider status or single risk propositions.
- Prepare client documentation for internal approval typically under Binding Authorities and issuance to client.
- Provide client support during full risk cycle (including midterm changes and renewal).
- Produce reports and review MI to monitor client's growth and overall performance.
- Communicate with Insurers and third party suppliers such as claims handlers and assistance companies.
- Preparation of renewal presentations (including premium and claim statistics), agreement with clients and finalisation with underwriters.
- Host virtual benefit fairs and webinars and attend benefit fairs when required (this may involve travel within the UK/ Ireland).
- Develop market presence and possible new market opportunities.
- Attend conferences, events and networking opportunities.
- Keep abreast of competitor and market trends to ensure.
Key Results:
- Achieve unit income targets.
- Proactively grow the portfolio of EB clients.
- Meet clients' insurance requirements and those of Insurers and other parties in a professional and timely manner.
- Manage client renewals, including renewal documentation, renewal quotations and accounting procedures ensuring company and FCA requirements are met.
- Accurate input of data onto the company office systems and generation of reports.
- Meet CPD requirements.
Skills:
- Customer service focused with strong influencing and negotiation skills, and high levels of commercial acumen.
- High level interpersonal skills with the ability to build successful, mutually beneficial business relationships.
- Well developed relationship management skills and the ability to communicate effectively and professionally with people with various levels of knowledge face to face, over the telephone and in writing.
- Communication skills: written, oral and presentational.
- Planning, organisational and time management skills.
- Understand certificate and wording requirements in accordance with Binding Authority terms and conditions.
- Problem solving.
- Well developed computer literacy in Microsoft Word, Excel, Power Point and Outlook. Knowledge of SSP Sector would be desirable but not essential as training will be provided.
- Ability to adhere to and implement relevant company policies.
Experience:
- Proven track record understanding of Personal Lines Insurance, preferably including travel, personal accident and gadget Insurance.
- Awareness and understanding of the UK Employee Benefits Market or Accident Health Life and Specialty.
- FCA compliance requirements.
- Proven experience within a similar role.
- Sound understanding and working knowledge of Insurance, including experience of travel and/or personal accident and other allied classes such as Accident Health Life and Speciality Insurance.
- Experience within the insurance broking industry and knowledge of business processes within the London Market would be a distinct advantage.
- CII qualified or working towards this.
Job Types:
Full-time, Temporary contract, Fixed term contract, Temp to perm
Contract length: 12 months
Salary:
£45,000.00-£60,000.00 per year
Benefits:
- Work from home
Schedule:
- 8 hour shift
- Monday to Friday
Supplemental pay types:
- Bonus scheme
- Performance bonus
- Quarterly bonus
- Yearly bonus
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (required)
Work Location:
Hybrid remote in London
Reference ID:
LR1298
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