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Account Executive - Financial Lines

IDEX Consulting Ltd
Posted 4 hours ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Salary

£48,000 - £55,000 per annum

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role of Account Executive - Financial Lines is available in London with a salary range of £48,000 - £55,000 plus annual bonuses and commissions on new business and renewals.
  • The successful candidate will manage a £400k income book of UK retail mid-market to corporate clients, with a focus on professional indemnity (PI) and financial institutions (FI).
  • Responsibilities include nurturing client relationships for retention, growing the book of business, and assisting in managing Account Handlers within the team.
  • Candidates should have experience as an Account Executive with a strong background in PI and commercial insurance, while aspiring Account Handlers with strong communication skills may also be considered.
  • The position requires in-office attendance three days a week, with remote work on Mondays and Fridays, and offers benefits such as PMI, DIS, pension, and discounted insurance products.

Account Executive - Financial LinesLondon£48,000 - £55,000 + annual bonus, new business and renewals commissionA boutique, expanding Broker with new offices in the City of London are looking to hire an Account Executive to take on a £400k income book of UK retail mid-market to corporate clients. 50% of these clients are PI led, 10% are FI and the remainder is a mixed bag including Property, Tech and Marketing companies. The FI clients pay from £50k GWP to £500k and include small banks, IFAs, wealth managers and payment processers.The role will entail forming relationships with this loyal book of clients and nurturing to ensure their retention. The Account Executive will also look to grow the book, with a generous commission incentive and help out with the management of the Account Handlers in the team. There will be regular meetings with both clients and insurers.The Account Executive will be expected in the London office Tuesdays, Wednesdays and Thursdays and will work remotely Mondays and Fridays. Benefits include PMI, DIS, pension and discounted insurance products.The ideal candidate for this role will be working as an Account Executive and have a solid grounding in PI, along with good all round commercial insurance knowledge. Aspiring Account Handlers with confident communications skills and a new business drive will also be considered. Experience dealing with Acturis and mid-market clients is desirable.Reach out for a confidential chat to find out more.

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.