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Commercial Account Executive

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Gallagher Re

Feb 25

  • Job
    Full-time
    Mid & Senior Level
  • Sales & Business Development
  • Limerick

AI generated summary

  • You need insurance experience as an Account Executive, a CIP certification working towards MDI, and strong knowledge of the commercial insurance market and industry networks.
  • You will manage client relationships, negotiate insurance terms, maintain client information, build a sales pipeline, handle renewals, prepare submissions, ensure compliance, and provide policy advice.

Requirements

  • Proven industry experience in an Account Executive role in a brokerage/insurance environment
  • This is an MCC role and the minimum mandatory requirement is Certified Insurance Practitioner (CIP) working towards your MDI qualification.
  • Extensive knowledge, experience and understanding of the commercial insurance market, products and services
  • Robust knowledge of client market and insurance industry network

Responsibilities

  • Manage client/prospect/relationships and grow your portfolio/existing accounts, providing the most appropriate insurance and risk management solutions
  • Negotiate with insurers to obtain outstanding coverage & terms for clients that accurately and effectively match client requirements
  • Manage own workload to effectively service the client relationship and ensure placements are completed within client deadlines
  • Ensure client information and sales plans are kept up to date
  • Proactively build up a sales pipeline of business opportunities that will ensure sales targets are met
  • Building strong working relationships, collaborating with other Gallagher teams, always treating others in a fair and respectful way
  • Manage renewals lists within required timelines, adhering to agreed policies and procedures
  • Obtaining renewal information from clients for review and re-broking
  • Preparation and issuing of submissions to market using online systems, written submissions or calls to insurers as required
  • Preparation and issuing of client renewal terms, and all supporting policy documents, debiting premium as required
  • Ensuring that you are MCC compliant and comply with the need to maintain CPD hours (4 hours quarterly)
  • Ensuring full disclosure of issues as they arise in line with compliance and legislative requirements, adhering to the relevant codes, CPC, AML/TF, F&P, etc
  • Providing advice to customers on implications of policy wordings e.g., policy conditions and exclusions

FAQs

What is the job title for this position?

The job title for this position is Commercial Account Executive.

Where are the positions for the Commercial Account Executive located?

The positions are based in our Dublin, Wexford, and Limerick offices.

What are the employment terms for the Commercial Account Executive role?

These positions are full-time and permanent.

What qualifications are required for this role?

The minimum requirement is Certified Insurance Practitioner (CIP), working towards your MDI qualification.

What experience is preferred for candidates applying for the Commercial Account Executive position?

Proven industry experience in an Account Executive role within a brokerage or insurance environment is required.

What will be my responsibilities as a Commercial Account Executive?

Responsibilities include managing client relationships, negotiating insurance coverage, building a sales pipeline, managing renewals, and ensuring compliance.

What kind of benefits do you offer?

We offer a competitive salary, minimum of 23 days’ annual leave, defined contribution pension scheme, life insurance, income protection, and family-friendly policies.

How many days of annual leave can I expect?

You can expect a minimum of 23 days of annual leave, plus an additional 3 days for volunteering.

Are there any training or development requirements for this position?

Yes, you will need to maintain CPD hours (4 hours quarterly) and ensure compliance with relevant codes and regulations.

Will I get support in building my skills in this role?

Yes, you will have opportunities to build your career and skills within Gallagher’s supportive environment.

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Gallagher Re

Finance
Industry
10,001+
Employees

Mission & Purpose

The reinsurance landscape is evolving. To compete in a global marketplace, our clients and carriers demand scale and breadth. And we’re rising to meet the challenges ahead. As we welcome Willis Re to the Gallagher Re team, we look forward to driving greater value by combining the knowledge and expertise of our two organisations. The new Gallagher Re is more than just bigger. It’s smarter, faster, and stronger. At Gallagher Re, client advocacy is at the heart of everything we do. We are here to help you face your future with confidence.