The insurance industry not only has global reach but also ensures that individuals that own a car or house and big and small corporations are protected. It is estimated that the sector employs more than 400,000 individuals in the UK. The insurance industry is one of the most influential and important parts of the UK economy. As well as that, the job role is highly rewarding and engaging. Below will show the best insurance jobs to apply for in 2022.
Commercial Account Executive:
What is the role of a Commercial Account Executive?
A Commercial Account Executive is an individual that finds leads and closes sales deals with new prospects or with existing clients.
What duties does this include?
The duties of a Commercial Account Executive include building long-term relationships with clients as well as identifying new business ventures, generating leads, and achieving sales targets.
Desired skills:
· Good communication and written skills
· The ability to generate leads and have a persuasive manner
· Strong presentation skills
· Understanding statistical and numerical skills
· Relationship management
Average national wage:
The average Commercial Account Executive has an estimated salary in the United Kingdom of £27,000 per year. Entry-level positions may however start at £23,000 whereas, highly experienced individuals have the potential of earning up to £50,000.
Compliance Officer:
What is the role of a Compliance Officer?
The role of a Compliance Officer is to ensure that all corporate processes and procedures comply with the law.
What duties does this include?
Compliance Officers work to develop policies and ensure that the operations within comply with internal standards too.
Desired skills:
· Excellent communication and interpretation skills
· Critical thinking
· Problem-solving skills
· Knowledge of security
· Creative thinking
Average national wage:
The average Compliance Officer has an estimated salary in the United Kingdom of £34,847 however, entry-level positions may earn up to £24,000.
Insurance Technician:
What is the role of an Insurance Technician?
An Insurance Technician is an individual that provides support in all areas of insurance work. They carry out administrative work such as updating records and dealing with enquiries from clients.
What duties does this include?
The duties of an Insurance Technician include reviewing insurance applications, checking proposal forms and ensuring records are updated.
Desired skills:
· Customer service skills
· Administration skills
· Excellent written communication skills
· Logical thinking
· Attention to detail
Average national wage:
The average Compliance Officer has an estimated salary in the United Kingdom of £37,812 however, entry-level positions may earn from £29,937 per annum.
Loss Adjuster:
What is the role of a Loss Adjuster?
The role of a Loss Adjuster is to evaluate and assess the amount of compensation that should be paid after a person has claimed on their insurance policy.
What duties does this include?
The duties of a Loss Adjuster consist of writing reports for Insurers, gathering and checking the evidence, providing evidence in court, and advising individuals on the measures they can put in place to reduce the risk of further loss.
Desired skills:
· Customer service skills
· Negotiation skills
· Excellent verbal and communication skills
· Great numerical skills
Average national wage:
The average Loss Adjuster has an estimated salary in the United Kingdom of up to £65,000 per annum however, entry-level positions can earn from £22,000 per annum.
Account Handler:
What is the role of an Account Handler?
The role of an Account Handler is to set up meetings with potential business accounts. They also set up handling claims and are the first point of contact for new clients.
What duties does this include?
The duties of an Account Handler are to aid broking teams with drafting endorsements when required and drafting bespoke casualty wordings and standard policies.
Desired skills:
· Strong communication skills and excellent interpersonal skills
· An Individual who is organised and confident in understanding client accounts
· Attention to detail
· Good with managing budgets
Average national wage:
The average Account Handler has an estimated salary in the United Kingdom of up to £40,000 per annum however, entry-level positions can earn between £17,000 - £22,000 per annum.
If you’re interested in taking the next steps in your career working in the insurance sector, apply with us today and we can find the perfect placement for you. Feel free to call us on 0203 225 5584 to discuss everything in further detail.
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