Senior Account Executive - E&O Specialist

Job description

Job Title: Senior Account Executive - E&O Specialist Location: London/Hybrid (Typically 2/3 days in the office) Type: Full time – Permanent (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch) At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity. Working at Price Forbes means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own. Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you. What we can offer: We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent. You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc. Further perks of working with us (Fixed benefits): Employer pension contribution of 10% (providing you, the Employee provides 5%). Good work life balance - flexibility to suit you. Competitive salary. Life Assurance at X4 of your base salary. Group Income Protection. Generous Annual Leave entitlement. Private Medical Insurance. Group annual bonus scheme. Manager says: We are seeking a highly experienced Errors & Omissions (E&O) Specialist to join our team. The successful candidate will be responsible for supporting the placement and servicing of E&O business, ensuring client needs are met while delivering exceptional service standards. The role will focus on maintaining strong client relationships, securing client retention at renewal, and identifying opportunities to support continued business growth. Working closely with clients, brokers, and markets, the E&O Specialist will leverage their technical expertise and market knowledge to deliver effective risk solutions and drive successful outcomes. What you will do: Assist and manage brokers with renewals and new business opportunities and to place the risk independently if required; Prepare formal quotes and issue without the need for these to be checked unless complex; Accurate preparation of complex MRC documentation, identify required changes and submit to checking prior to order; Review and improve wordings without prompting; Review regulatory requirements and ensure compliance for multiple territories and countries; Preparation of supporting documentation such as spreadsheets to track complex placements; Ensure premiums and taxes are accurate; Work with finance to ensure premiums are received and paid; Load placements onto PPL; Tailor solutions for clients and producers; Manage allocated account list; Maintain files and systems in accordance with the Price Forbes guidelines; Checking quotes for other members of the team; Able to identify any potential issues on a placerment before they become an issue: Mentor junior members of the team with regular meetings; Communicate with producers/insureds/underwriters where required instead of the broker; Pre-bind check MRC’s to identify any required or suggested changes showing attention to detail and identifying potential problems with coverage; Check and sign binders and certificates; Manage the operations for the respective product line alongside other senior colleagues and work in conjunction with Executive Director; Take the lead on new projects and initiatives; Work in conjunction with the Exec Director to create a positive working environment for all and to drive initiatives; Identify and address any potential problems and set a professional tone for the team; What you will bring: Substantial experience in Professional Liability/E&O required, preferably in the lawyers/architects/engineering classes; Knowledge of the wider London, US and international E&O environment, developments and make up; Strong computer skills (Word/Excel/Broking Systems/PPL); Approachable and helpful to others; Strong verbal and written communications skills; Understanding of insurance regulatory environment for multiple countries; Show insurance expertise and knowledge in their department; Strong computer skills (Word/Excel/Broking Systems/PPL); Ability to multi task and manage a number of clients & projects at one time; Organisational and time management skills; Ability and willingness for continuous learning and training; Desire and ability to help others with any questions or development; Show they are proactive and dedicated in delivery of excellent client customer service; Manage others that need more complex mentoring; Expert product knowledge in their department and able to impart this to others; Think you don’t meet every requirement? We are an equal opportunities Employer, dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive, bring their whole self to work, and reach their full potential. If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group. Interview Process: At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company: Submit your application with your CV, emphasising your skills and experience related to the job. Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions. If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future. Depending on the role, you may be invited to attend a second stage interview with further members of the team. If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback. We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know. #PFI If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history, and a standard criminal record check. Note to recruiters and employment agencies: We will not pay for unsolicited CV's from recruiters and employment agencies unless we have a signed agreement and have requested assistance, in writing, for a specific vacancy.