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Insurance Risk Management Specialist
2 months ago
The Account Executive will play a pivotal role in the management and growth of a portfolio of clients, ensuring their risk management and insurance needs are accurately identified and met. This position will also provide support to senior brokers as needed.
Key Responsibilities- Prepare and review client documentation, including renewal questionnaires, quote slips, and client insurance manuals, with 100% accuracy and obtain approval prior to distribution.
- Collaborate with senior brokers to manage larger clients' insurance, risk management, and programs.
- Develop and maintain relationships with insurers, clients, and other key stakeholders, representing WTW in a professional manner.
- Maintain comprehensive client data on WTW systems, facilities, and databases.
- Compare renewal terms with the previous year and advise the broker of any changes.
- Work with the offshore Operations Support team to ensure the preparation and delivery of documentation.
- Liaise with Operations on any issues and provide suggestions for improvement.
- Respond to client claims enquiries and provide advice on the claims process.
- Manage workflow and diary systems to ensure timely settlement of claims and achievement of agreed claims standards.
- Contribute to the overall achievement of the new business target on an annual basis for the team.
- Ensure the accuracy and quality of the pipeline on a regular basis.
- Ensure premium funding is offered to all clients, debtor collections in accordance with terms of trade, and no client placements outside of approved insurers.
- Maintain compliance with relevant legislative requirements.
