Account Manager, Insurance
£43K
/ year
6-9 years experience
£43K
/ year
6-9 years experience
Account managers within the insurance industry can be found in a range of insurance companies, ranging from small insurance firms to major dealers across the nation. The majority of positions don't have specific requirements for education, however some do require the requirement of a bachelor's degree as the preferred. However, many jobs require prior knowledge of the field, however the amount required varies depending on the company and the job. Other requirements include licensing specifically for the type of insurance practice as well as the location of the work.
The primary responsibility of the account manager is to develop new business and obtaining referrals from existing clients. This involves preparing quotations and resolving issues with clients and ensuring that they follow the procedures to ensure that the rules and procedures are adhered to in all instances. A lot of jobs require computer proficiency because they work in a paper-free environment. general analytical abilities as well as strategic planning are required in addition. Skills for communication and the ability to perform tasks effectively under minimal supervision are extremely valued.
In general insurance account managers operate in a separate manner, although some firms might have small teams of account managers who work with each other. The hours of operation generally correspond to normal business hours but schedules can change according to the requirements of the company. Travel and remote work is feasible, however the majority of work is performed in a workplace environment that has only a few physical requirements or risks. Flexible times to meet the needs of new clients or projects could be required.
As an Account Manager, Insurance with 6-9 years of experience in the United Kingdom, your main responsibilities include:
For an Account Manager, Insurance job role, the following qualifications are required:
1
Accounting Fundamentals
2
Management Accounting
3
General Insurance Policy
4
Insurance Management
Different skills can affect your salary. Below are the most popular skills and their effect on salary.
Insurance Management
18%
For an experienced Account Manager in the insurance industry in the United Kingdom, there are several alternative roles to consider. Here are following options:
The Account Manager role in the insurance industry in the United Kingdom is projected to experience steady growth in the market. Over the past 10 years, this job role has seen consistent demand and is expected to continue this trend. With a positive outlook for the insurance industry, there is likely to be an increase in employment opportunities for Account Managers in the future. According to Google data, the market indicates a strong demand for professionals in this role, indicating a positive growth trajectory for the position in the coming years.