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Account Executive – Construction Insurance (Surety & Builders Warranty)

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WTW

19d ago

  • Job
    Full-time
    Entry Level
  • Construction & Surveying
  • Melbourne

AI generated summary

  • You need strong communication skills, teamwork, proficiency in MS Office, a background in insurance, and the ability to manage deadlines and work independently. Financial Services compliance is needed.
  • You will manage client portfolios, prepare documentation, support brokers, maintain client data, respond to claims, ensure compliance, and enhance processes while achieving business targets.

Requirements

  • An innovative thinker with the ability to collaborate and work in a team.
  • Sound oral and written communication skills, both on an individual and small group basis.
  • Excellent report writing and correspondence skills.
  • Ability to prioritise work, manage deadlines, and work under pressure.
  • A team player with the ability to demonstrate credibility and gain trust.
  • Proficient in all MS Office products.
  • A quick learner with the drive to take on additional duties when required.
  • You have, or are prepared to undertake, the Financial Services Reform Act (minimum Tier 1 Broking Compliance)
  • The ability to work autonomously with minimal guidance.
  • A focus on excellence and the ability to produce accurate work.
  • A background in general insurance and construction insurance is preferred.

Responsibilities

  • Assist senior brokers when required and effectively manage and grow a portfolio of clients, ensuring that their risk management and insurance broking needs are identified and met.
  • Accurately prepare client documentation, such as invoice documents.
  • Assist in managing clients' Surety and Builders Warranty programs, ensuring the delivery of high-quality services.
  • Provide support to senior brokers in managing larger clients’ insurance, risk management, and programs, ensuring the delivery of high-quality services.
  • Develop and maintain relationships with insurers, clients, and other key stakeholders (internal and external), professionally representing WTW.
  • Maintain comprehensive client data on WTW and iCare systems, facilities, and databases.
  • Respond to client claims inquiries.
  • Manage workflow and diary systems and maintain comprehensive client data on WTW systems.
  • Contribute to individual and team annual new business targets, ensuring they are met.
  • Ensure pipeline accuracy and quality are maintained regularly.
  • Manage debtor collections in accordance with the terms of trade.
  • Assist with collection reports through effective debtor management.
  • Assist/maintain detailed audit and review programs/reports and respond to Icare audits.
  • Keep abreast of continuing regulatory changes and development in the Builders Warranty and Surety.
  • Liase with Mumbai processing operations and assist with supporting brokers with administrative support.
  • Work with the General Construction practice to deliver seamless service for clients.
  • Assist in developing and enhancing existing policies and procedures.
  • Undertake professional development as required.

FAQs

What is the main focus of the Account Executive role in Construction Insurance?

The main focus is to manage and grow the Construction Practice by identifying and meeting client risk management and insurance needs related to Surety and Builders Warranty while supporting brokers on large clients.

Is previous experience in construction insurance required for this role?

A background in general insurance and construction insurance is preferred, but not mandatory.

What are the key responsibilities of the Account Executive?

Key responsibilities include client documentation preparation, managing client records, responding to claims inquiries, maintaining databases, and assisting senior brokers with larger clients.

What qualifications are necessary for this position?

The necessary qualifications include sound communication skills, proficiency in MS Office, ability to work independently, and willingness to undertake the Financial Services Reform Act compliance.

Does this position involve working with external stakeholders?

Yes, the role involves developing and maintaining relationships with insurers, clients, and other key stakeholders.

What training and development opportunities are offered?

WTW provides career growth opportunities, including internal opportunities and development programs.

Is there an annual bonus associated with this position?

Yes, this role includes the possibility of an annual bonus as part of the competitive benefits package.

Are there measures in place for work-life balance?

Yes, WTW offers a hybrid working model, encouraging flexible working arrangements to support an inclusive and diverse workforce.

Is visa sponsorship available for this position?

No, employment-based visa sponsorship and/or assistance is not offered for this specific job opportunity.

How does WTW ensure a culture of inclusion and diversity?

WTW fosters an inclusive work environment as a fundamental aspect of its culture, embracing diversity across various dimensions such as gender, nationality, and ethnicity.

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WTW

We transform tomorrows

Finance
Industry
10,001+
Employees
2016
Founded Year

Mission & Purpose

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help you sharpen your strategy, enhance organizational resilience, motivate your workforce and maximize performance.