Insurance Account Manager

Typical Salary

£18,000 To £100,000

Typical Hours

37 to 39 a week

evenings flexibly

How To Become a Insurance Account Manager

You can get into this job through:

a university course
an apprenticeship
working towards this role
training with a professional body

College / University

You could take a degree before applying to join a company's management training scheme. Most subjects are accepted but you may have an advantage if you study:

business management
financial services
marketing
maths

2 to 3 A levels, or equivalent, for a degree

Apprenticeship

You may be able to get into this job by doing an insurance professional higher apprenticeship, or degree apprenticeship for senior insurance professionals.

4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a higher or degree apprenticeship

Routes into this Career

You could start as an insurance technician, underwriter or junior account handler and work your way up.

Other Routes

You could study for qualifications from the Chartered Insurance Institute (CII). The CII qualifications offer study units relevant to the insurance areas you specialise in, for example marine, commercial or general insurance. Examples of qualifications include:

CII Level 3 Certificate in Insurance
CII Diploma in Insurance
CII Advanced Diploma in Insurance

Skills And Knowledge

You'll need:

customer service skills
the ability to sell products and services
to be thorough and pay attention to detail
the ability to use your initiative
the ability to accept criticism and work well under pressure
persistence and determination
patience and the ability to remain calm in stressful situations
excellent verbal communication skills
to be able to use a computer and the main software packages competently

Day To Day Tasks

Your day-to-day duties may include:

building good working relationships with brokers and other agents
being responsible for several business accounts
promoting new insurance products, working to agreed sales targets
setting up meetings to develop new business accounts
managing business pitches
working with insurance underwriters to adapt policies
setting up claims handling teams and contact centre support for new policies
monitoring agents’ sales performance
developing marketing literature
giving advice on existing products
making sure that agents meet strict financial services industry rules

Working Environment

You could work in an office or from home.

Career Path & Progression

Career Path & Progression are not listed for this job.

Volunteering Opportunities

Volunteering Opportunities are not listed for this job.

Tips & Information

Professional and industry bodies

You could join the Chartered Insurance Institute for professional development and training opportunities.

Further information

You can find out more about working in insurance from the Chartered Insurance Institute and Discover Risk.

Restrictions & Requirements

Restrictions & Requirements are not listed for this job.