We are looking for an experienced Commercial Lines Account Executive to join our Commercial Lines (CL) team. Experienced in dealing with all Commercial/Corporate Lines of insurance for independents, SME’s & corporate clients, and their insurance requirements.
Based in our Dubai Office, you will represent Nexus to Corporate clients and provide insurance solutions and support our financial advisers by utilizing your excellent and in-depth knowledge of the Commercial Lines insurance products we distribute, and internal /external policies and procedures.
The primary functions of this position are to provide quality service to clients, manage and control client relationships, and support consultants/producers in their efforts to attract and retain clients.
The Account Executive (AE) will be the day-to-day liaison between the insurance company and designated accounts.
Key Accountabilities:
- Analyse new business requests from direct clients & consultants – suggest and obtain adequate quotes through all channels.
- Preparation of quotes/proposals, and binding of coverage
- Ensure quote to issuance process is within agreed SLA, maintain tracker for missed SLA’s.
- Endorsement activity – end to end
- Renewal management – end to end
- Coordinate with Head of GI & consultants on strategic account issues and potential challenges.
- Utilize workflows and processes to initiate and maintain contact with clients as well as to update coverages, review exposures, and discuss opportunities for account management.
- Accurate record keeping & case management
- Reporting
- Adherence to UW, compliance & department guidelines in line with the company’s SOP.
Requirements:
- Experience in commercial lines – UAE commercial insurance underwriting, coverage, and rate analysis for minimum 3 years.
- In-depth knowledge of insurance coverages and an ability to communicate this knowledge clearly to clients and underwriters.
- Strong written and verbal communication skills In English, Arabic is an advantage.
- Ability to prioritize and self-manage workload & support the team.
- Strong negotiating skills
- Proficiency in Microsoft Office
