Insurance Advisor

Job description

Established in 1997, SPF Private Clients has been operating at the top end of financial services for 26 years. Historically the company has largely relied on organic growth, however following acquisition by Howden in August 2022 the company is seeking accelerated growth and is looking to expand our Personal lines Insurance team.

As an Insurance Advisor within our renewals team, you will be responsible for looking after your own book of business and managing client renewals. As part of our growing team, you will be responsible for delivering excellent client service and building internal and external relationships. You will have extensive knowledge of the insurance market and how to best adapt to the needs of the clients.

Please note this is a full-time, permanent opportunity based in our office on Gracechurch Street. The expectation is to be onsite 3 days per week on average.

Role Responsibilities:

• Conduct thorough client assessments to understand their insurance needs, risk tolerance, and coverage preferences.

• Collaborate with underwriters/account handlers/brokers to design customized insurance packages tailored to meet the unique requirements of high net worth individuals.

• Source insurance quotes from multiple carriers and negotiate terms to secure competitive rates and comprehensive coverage for clients.

• Educate clients on various personal lines insurance products, explaining coverage options, policy terms, and exclusions in a clear and concise manner.

• Prepare and present insurance proposals to clients, highlighting key features, benefits, and pricing details.

• Process insurance applications, ensuring all necessary documentation is completed accurately and submitted to underwriters in a timely manner.

• Facilitate policy issuance and coordinate with carriers to ensure seamless onboarding of new clients.

• Provide ongoing support to clients, addressing inquiries, policy changes, and claims assistance promptly and professionally.

Role Requirements:

• Experience as an Insurance Advisor, working in personal lines insurance (home or motor) or in a related insurance sales role.

• Strong understanding of personal lines insurance products, including homeowners, auto/motor, umbrella, and valuable articles insurance.

• Excellent communication and interpersonal skills, with the ability to build rapport and establish trust with high net worth clients.

• Proficiency in Microsoft Office products (Word, PowerPoint, Excel, Teams).