Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Client Engagement Executive - Insurance image - Rise Careers
Job details

Client Engagement Executive - Insurance

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

The Client Engagement Executive is a senior relationship role responsible for developing, implementing, and overseeing engagement strategies to cultivate and sustain meaningful executive-level relationships, enhance client satisfaction and drive growth within Verisk’s most strategically important international clients. This individual will work closely with executive leadership, clients, and internal teams to promote impactful engagements and align business objectives with client needs, fostering long-term strategic partnerships.

Key Responsibilities:

Relationship management strategy: 

  • Develop and execute a bilateral senior executive strategy aimed at partnership development, maintaining a regular cadence of executive-to-executive discussions.
  • Ensure seamless collaboration among all relevant Verisk business units and partners at every stage of engagement.
  • Conduct periodic reviews of partnership performance with the client, as well as with internal Verisk teams, to identify opportunities for additional engagement.
  • Cultivate external client-focused relationships, actively collaborating with the client teams to formulate and execute business strategies, while presenting a unified, enterprise perspective on Verisk solutions

Account Strategy and Collaboration:

  • Lead the formulation and implementation of a comprehensive account strategy, identifying key stakeholders and overseeing the client's strategic priorities.
  • Cultivate a client-focused team culture in a highly matrixed environment, fostering collaboration within the account team to define and execute business strategies and tactics to enhance partnerships.

Client Relationship Management:

  • Champion the client's interests, needs, and concerns, ensuring alignment with the client's expectations.
  • Reinforce the client's vision and strategic priorities within Verisk with the ability to adapt to shifting downstream priorities.
  • Manage and track account operations supporting business plan priorities and client investment.
  • Research, gather, and disseminate innovative industry trends, client annual reports, news, and methodologies to support clients in their business initiatives.

Knowledge Sharing/Best Practices:

  • Establish reciprocal processes with the client aimed at enhancing operational efficiency within the relationship.
  • Facilitate the exchange of knowledge and best practices, fostering a collaborative environment to drive mutual success.

Executive Engagement:

  • Annual evaluation based on positive/high client engagement metrics, increased executive connections, satisfaction scores, and other favourable feedback.
  • Attainment of a positive client view of Verisk through effective and meaningful executive engagements.

Client Experience:

  • Accountability for representing the complete Verisk portfolio, both current and bespoke/ custom solutions, within the client relationship and showcasing its value through the identification of both long and short-term growth opportunities, including the exploration of new opportunities and the expansion of existing solutions.
  • Engage extended Verisk team to collaboratively resolve client challenges.

Client Impact:

  • Ensuring that the impact of Verisk solutions align with jointly identified engagement / strategic targets and is highly valued by the customer.
  • Measured success in delivering impactful solutions that positively influence the client's business outcomes.

Account Education:

  • Accountability for disseminating expert client knowledge throughout Verisk, contributing to the education of internal teams on client strategy.
  • Demonstrated success in fostering a culture of understanding and collaboration across Verisk departments based on client insights.

Revenue Retention and Growth:

  • Meeting or exceeding retention and growth targets through supporting successful renewals, new opportunity revenue generation, and the development of strategic client partnerships.
  • Demonstrated ability to contribute significantly to Verisk's overall revenue growth through effective client strategy and engagement initiatives.

    Qualifications

    Essential Skills / Personal Attributes:

    • Ability to navigate a complex organisation using a trusted advisor/consultative approach, establishing credibility quickly with senior-level executives across both organizations. 
    • Understanding of the insurance industry with a genuine passion for leading teams to address clients' business challenges with both existing and conceptual solutions.
    • Highly motivated / initiative driven organisational and team leader with a senior executive presence, dedicated to building lasting client relationships and driving business success.
    • Mastery of strategy and attention to detail, with above-average verbal and written communication skills.
    • Capable of balancing client and Verisk advocacy, possessing an innovative mindset, and passionate about addressing business challenges for clients.

    Qualifications:

    • Degree qualified or equivalent relevant experience.
    • Minimum of 5 years of proven experience managing complex enterprise accounts, preferably within the insurance space.
    • Minimum of 5 years of experience in large deal negotiations, strategy, industry leadership, and organisational leadership at a senior level within a company or global line of business capacity.
    • Minimum of 2 years of people management experience is preferred.

    Additional Information

    For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

    At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

    For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

    We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

    Verisk Businesses

    Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

    Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

    Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

    Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

    Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

    Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

    Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

    Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

    Verisk Analytics is an equal opportunity employer.

    All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

    https://www.verisk.com/company/careers/

    Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

    #LI-Hybrid

    #LI-WR

    Average salary estimate

    $100000 / YEARLY (est.)
    min
    max
    $80000K
    $120000K

    If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

    What You Should Know About Client Engagement Executive - Insurance, Verisk

    If you have a passion for relationship building and a strategic mind, you might just be the perfect fit for the Client Engagement Executive role at Verisk in London, UK. In this key position, you will be at the forefront of developing and overseeing engagement strategies tailored specifically for our most significant international clients within the insurance sector. Your primary mission will be to strengthen executive-level relationships and enhance client satisfaction while driving significant growth. Collaborating closely with executive leadership and client teams, you will initiate impactful engagements that align client needs with our business objectives. Every day will present you with exciting challenges as you carry out periodic reviews of partnership performance and identify new engagement opportunities. You will lead the charge in formulating comprehensive account strategies and ensuring seamless collaboration with various Verisk business units. In addition, you'll be responsible for advocating for the client’s needs, managing client expectations, and leveraging innovative industry trends to support their business initiatives. As a part of a dynamic team, you will foster a culture of knowledge sharing and collaboration, all while representing Verisk’s complete and diverse portfolio of solutions. You will play an essential role in shaping the client engagement experience and ensuring that our solutions significantly impact their business outcomes. Join us at Verisk where you can leverage your expertise to create a more resilient and sustainable future, while also enjoying the flexibility and support we provide to help you thrive in your career.

    Frequently Asked Questions (FAQs) for Client Engagement Executive - Insurance Role at Verisk
    What responsibilities does a Client Engagement Executive at Verisk have?

    As a Client Engagement Executive at Verisk, your primary responsibilities will revolve around developing and executing an engagement strategy with senior executives, ensuring dynamic partnerships, and fostering collaboration across various business units. You will periodically review partnership performance, championing the client's interests, and overseeing account operations to support their strategic priorities.

    Join Rise to see the full answer
    What qualifications are needed for a Client Engagement Executive at Verisk?

    To qualify as a Client Engagement Executive at Verisk, you should hold a degree or possess equivalent relevant experience, with at least five years of management experience in complex enterprise accounts, ideally within the insurance sector. Strong leadership, negotiation skills, and a consultative approach to establish credibility with executives are also essential.

    Join Rise to see the full answer
    What skills are essential for success as a Client Engagement Executive at Verisk?

    Success as a Client Engagement Executive at Verisk requires a mastery of relationship management, attention to detail, and the ability to navigate complex organizational structures. A genuine understanding of the insurance industry, along with strong communication skills and a consultative mindset, will help you effectively address business challenges for clients and drive strategic partnerships.

    Join Rise to see the full answer
    How does the Client Engagement Executive role at Verisk contribute to revenue growth?

    The Client Engagement Executive at Verisk plays a crucial role in contributing to revenue growth by meeting or exceeding retention targets and identifying new business opportunities. Your ability to develop strategic partnerships and manage successful renewals will help Verisk continue to thrive and expand its market influence.

    Join Rise to see the full answer
    What kind of career development opportunities exist for a Client Engagement Executive at Verisk?

    At Verisk, there are extensive career development opportunities for a Client Engagement Executive. You will receive ongoing coaching and training to sharpen your skills, paired with the chance to collaborate with a diverse team that encourages inclusivity and innovation, ultimately helping you build a fulfilling and unique career.

    Join Rise to see the full answer
    Common Interview Questions for Client Engagement Executive - Insurance
    Can you describe your experience in managing complex enterprise accounts?

    In answering this question, focus on specific examples that highlight your strategic approach to managing high-value clients. Share anecdotes on how you successfully navigated challenges, developed partnerships, and ultimately contributed to revenue retention and growth.

    Join Rise to see the full answer
    How do you approach building relationships with senior executives?

    Emphasize your consultative approach by discussing how you prioritize empathy and understanding in building relationships. You might mention your strategy for fostering open communication, regular check-ins, and actively seeking out ways to support their goals.

    Join Rise to see the full answer
    What is your strategy for enhancing client satisfaction?

    Discuss your proactive measures in soliciting client feedback, conducting regular performance reviews, and reinforcing the client’s strategic priorities within your organization. Share how you have successfully resolved issues and implemented client insights to improve service delivery.

    Join Rise to see the full answer
    Can you provide an example of a successful account strategy you implemented?

    When answering, detail a specific account you managed, the challenges faced, your strategic plan, and the outcomes. Highlight how collaboration with internal teams and client engagement led to measurable results.

    Join Rise to see the full answer
    What do you think are the key trends in the insurance industry that can impact client relationships?

    Demonstrate your knowledge by discussing current trends such as digital transformation, emerging technologies, or changing consumer behaviors. Explain how these trends affect client interactions and the importance of adapting strategies accordingly.

    Join Rise to see the full answer
    How do you ensure collaboration among various business units at Verisk?

    Describe specific communication practices or tools you use to foster collaboration among business units. Emphasize the importance of aligning diverse teams toward common goals and how effective project management plays a critical role.

    Join Rise to see the full answer
    What techniques do you employ to track account performance?

    Talk about the key performance indicators (KPIs) you monitor, such as client engagement metrics, satisfaction scores, and growth targets. Mention any tools or systems you utilize to gather and analyze data effectively.

    Join Rise to see the full answer
    Have you had to manage a difficult client? How did you handle the situation?

    Provide a detailed account of a challenging client interaction. Focus on your conflict resolution skills, how you maintained professionalism, and any strategies you employed to ensure a positive outcome.

    Join Rise to see the full answer
    What factors do you believe contribute to successful executive engagement?

    Highlight your belief in the importance of consistency, transparency, and value in executive engagements. Discuss how long-term partnerships hinge on mutual understanding and the delivery of relevant insights and solutions.

    Join Rise to see the full answer
    How would you adapt to shifting client priorities?

    Showcase your flexibility and adaptability by discussing your approach to reassessing client needs regularly. Offer examples of how you've successfully adjusted strategies and maintained alignment with client objectives amidst changes.

    Join Rise to see the full answer
    Similar Jobs
    Photo of the Rise User
    Verisk Remote Boston, MA, USA
    Posted 9 days ago
    Photo of the Rise User
    Verisk Remote Hyderabad, Telangana, India
    Posted 9 days ago
    Photo of the Rise User
    Mattel Hybrid 5100 W JB Hunt Drive, Suite 910, Rogers, Arkansas, United States
    Posted 9 days ago
    Inclusive & Diverse
    Empathetic
    Collaboration over Competition
    Growth & Learning
    Photo of the Rise User
    Sonic Automotive Hybrid 801 Gold Hill Rd, Fort Mill, SC 29708, USA
    Posted 3 days ago
    Photo of the Rise User
    Posted 9 days ago
    Photo of the Rise User
    ServiceNow Hybrid Building A,B,C 2225 Lawson Lane, Santa Clara, California, United States
    Posted 9 hours ago
    Inclusive & Diverse
    Mission Driven
    Rise from Within
    Diversity of Opinions
    Work/Life Harmony
    Empathetic
    Feedback Forward
    Take Risks
    Collaboration over Competition
    Medical Insurance
    Dental Insurance
    Vision Insurance
    Mental Health Resources
    Life insurance
    Disability Insurance
    Health Savings Account (HSA)
    Flexible Spending Account (FSA)
    Conferences Stipend
    Paid Time-Off
    Maternity Leave
    Equity
    Photo of the Rise User
    Posted 12 days ago
    Dental Insurance
    Disability Insurance
    Flexible Spending Account (FSA)
    Health Savings Account (HSA)
    Vision Insurance
    Paid Holidays

    To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

    175 jobs
    MATCH
    Calculating your matching score...
    FUNDING
    SENIORITY LEVEL REQUIREMENT
    TEAM SIZE
    EMPLOYMENT TYPE
    Full-time, hybrid
    DATE POSTED
    December 3, 2024

    Subscribe to Rise newsletter

    Risa star 🔮 Hi, I'm Risa! Your AI
    Career Copilot
    Want to see a list of jobs tailored to
    you, just ask me below!