Job Description
About the Company
Brunel Insurance Brokers has 8 offices around the UK- this role is required at our Penzance site.
Brunel has been recognised for its commitment to client service by being awarded the prestigious Chartered Status by the Chartered Insurance Institute (CII)- this is the industry’s gold standard for firms of Insurance Brokers.
As a business, we ensure that our clients receive the very best advice and customer service on a wide range of insurance products- acting for over 8,000 corporate, commercial and personal clients throughout the UK.
As an employer, we provide our staff with a fun and lively working environment whilst also encouraging and developing them through their Insurance careers.
Main Duties & Responsibilities:
* To have the ability to renew existing policies at all levels of premiums but with the technical knowledge, aptitude and competence to handle the larger clients – Silver, Gold and Platinum.
* Be able to invite renewals and gather information from clients.
* To understand the nature of the client’s business, minimum regulatory standards and requirements in respect of wording, excess, limit of indemnity and wherever possible exceed them.
* Research insurance companies’ policies and negotiate with underwriters to provide sufficient information for clients in order that they may make an informed decision. Also ensure regular contact and necessary paperwork.
* To arrange insurance cover for regular and more complex cases that may involve preparing technical and detailed reports for insurance underwriters and/or negotiating with Insurers.
* Be able to produce company approved documentation for clients, Insurers and Underwriters at all stages of negotiations.
* Build and maintain on going relationships with clients including scheduling and attending meetings.
* Be able to use time served, acquired Insurance knowledge to give added value to clients and colleagues.
* Be able to understand the requirements of performance and targets required individually and by department and meet those requirements
* Advising clients whether and when they need to make a claim on their policies.
* Maintain and develop relationships with underwriters and Insurers and attending meetings, if required.
* Be able to complete administrative tasks and data entry to the company’s systems.
* Have the ability to check and verify documentation received or produced internally.
* To perform all Broker ad hoc or necessary duties as they arise.
* To deputise for your Manager as and when required.
* To act as a conduit for your Manager on a day to day basis.
* To attend and deputise, if necessary, at meetings as indicated by your Manager or Directors.
* To have the ability to mentor and train departmental colleagues and enhance the knowledge of colleagues
* To meet renewal sales targets and to provide up to date figures, activities and performance figures and additional information as requested by Managers and/or Directors.
* To deal with general queries and mid-term adjustments on behalf of clients.
* To ensure any Broker Assistance is competent to follow and instigate instructions’, practices and process and to notify and/or assist should any training requirements be necessary
Requirements:
* At least 5 years’ experience of being a Account Executive
Benefits:
* Flexible Working Hours
* Working From Home allowance (40 days per year)
* 25 days paid annual leave Bank Holidays
* Death in Service (3 x Salary)
* Regular Company parties (previous ones include boat parties, masquerade balls)
* Free eye test and contribution towards glasses
* Employee Assistance Programme, with access to an Online GP for you and your family to use
* Pension Scheme
* Cycle to Work Scheme
Job Types: Full-time, Permanent
Pay: From £30,000.00 per year
Benefits:
* Company events
* Cycle to work scheme
* Health & wellbeing programme
* Work from home
Experience:
* Account Executive: 5 years (required)
Work Location: In person