Commercial Insurance Broker

Commercial Insurance Broker

Faringdon Full-Time 32500 £ / year No home office possible
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At a Glance

  • Tasks: Manage existing commercial clients and develop new business through effective communication and sales strategies.
  • Company: Join a prestigious global insurance company with a dynamic team and diverse market focus.
  • Benefits: Enjoy career progression opportunities and the chance to work with an existing book of business.
  • Why this job: Be part of a supportive team, enhance your skills, and make a real impact in the insurance industry.
  • Qualifications: 2+ years in General Commercial Insurance and proven experience in generating new business required.
  • Other info: Experience in EEA broking and international insurance is a plus; driving license needed.

Coppersmith recruitment are partnered with a prestigious insurance company, who are seeking a highly skilled and motivated Commercial Broker to join their dynamic team. Our client works within various markets including Commercial, Cyber & Risk Management, Sports & Leisure, Freight & Marine Cargo, Health & Wellbeing, Home & Property Owners, Travel & Holiday, and more.

The ideal candidate will possess a strong ability to analyse market trends, communicate effectively with clients, and drive sales through upselling strategies.

With this role comes:

  • An existing book of business
  • An opportunity to develop your own portfolio – of standard & non-standard Commercial Accounts, Risks and Schemes

You will have:

  • Experience of working on Commercial Insurance risks
  • A proven track record
  • The ability to work as part of a team with the other Brokers
  • Excellent technical insurance knowledge
  • The self-confidence to effectively deal with clients’ boards and board members

Your responsibilities will include:

  • Looking after existing book of commercial clients, from SMEs to larger corporate clients
  • Maintaining meaningful relationships by providing excellent customer service
  • Further developing the current book, by:
  • a) cross selling techniques and business development
  • b) the development of existing insurer facilities in the UK (and EEA)
  • c) developing the existing scheme and target markets
  • Operating within regulatory guidelines
  • Supporting other team members as appropriate/necessary to ensure a first-class service to all of our clients
  • Required:

    • 2+ years’ experience in General Commercial Insurance
    • 2+ years’ experience in generating and placing new business
    • Experience of Broking within the EEA would be an advantage as would a knowledge of arranging insurance for companies trading internationally
    • Driving license

    This is an exciting opportunity to join a global insurance company, with great career progression opportunities.

    Commercial Insurance Broker employer: Coppersmith Recruitment

    Joining our prestigious insurance company as a Commercial Insurance Broker means becoming part of a dynamic team that values excellence and innovation. With a strong focus on employee growth, we offer extensive career progression opportunities, a supportive work culture, and the chance to manage an existing book of business while developing your own portfolio. Located in a vibrant area, our company not only provides competitive benefits but also fosters meaningful relationships with clients across various markets, ensuring a rewarding and fulfilling work experience.
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    Contact Detail:

    Coppersmith Recruitment Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Commercial Insurance Broker

    ✨Tip Number 1

    Familiarise yourself with the specific markets mentioned in the job description, such as Cyber & Risk Management and Marine Cargo. This knowledge will not only help you stand out during interviews but also demonstrate your genuine interest in the role.

    ✨Tip Number 2

    Network with professionals already working in commercial insurance, especially those who have experience in the EEA market. Engaging with them can provide valuable insights and potentially lead to referrals that could boost your application.

    ✨Tip Number 3

    Prepare to discuss your previous successes in generating and placing new business. Be ready to share specific examples of how you've driven sales through upselling strategies, as this is a key requirement for the role.

    ✨Tip Number 4

    Showcase your ability to maintain meaningful client relationships by preparing anecdotes that highlight your customer service skills. This will be crucial in demonstrating your fit for the role and your commitment to providing excellent service.

    We think you need these skills to ace Commercial Insurance Broker

    Commercial Insurance Knowledge
    Market Trend Analysis
    Client Relationship Management
    Sales and Upselling Strategies
    Cross-Selling Techniques
    Business Development
    Technical Insurance Expertise
    Regulatory Compliance
    Team Collaboration
    Customer Service Excellence
    Communication Skills
    Negotiation Skills
    Problem-Solving Skills
    International Insurance Knowledge
    Driving License

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your experience in Commercial Insurance, particularly focusing on your ability to analyse market trends and your proven track record in generating and placing new business.

    Craft a Compelling Cover Letter: In your cover letter, emphasise your customer service skills and your experience with cross-selling techniques. Mention specific examples of how you've maintained relationships with clients and contributed to business development.

    Highlight Relevant Experience: Clearly outline your 2+ years of experience in General Commercial Insurance and any relevant experience broking within the EEA. This will demonstrate your suitability for the role and your understanding of the market.

    Showcase Team Collaboration: Mention instances where you have successfully worked as part of a team with other brokers. Highlight your ability to support team members and ensure a first-class service to clients, which is crucial for this role.

    How to prepare for a job interview at Coppersmith Recruitment

    ✨Know Your Market

    Familiarise yourself with the various markets the company operates in, such as Cyber & Risk Management and Marine Cargo. Being able to discuss current trends and challenges in these areas will demonstrate your industry knowledge and enthusiasm.

    ✨Showcase Your Sales Skills

    Prepare examples of how you've successfully driven sales through upselling strategies in your previous roles. Highlight specific instances where you developed a portfolio or maintained client relationships to illustrate your capabilities.

    ✨Emphasise Teamwork

    Since the role requires collaboration with other brokers, be ready to discuss your experience working in teams. Share examples of how you've supported colleagues and contributed to a positive team environment.

    ✨Prepare for Client Interactions

    Given the need to communicate effectively with clients, practice articulating your thoughts clearly and confidently. Consider role-playing potential client scenarios to enhance your comfort level when discussing insurance solutions.

    Commercial Insurance Broker
    Coppersmith Recruitment
    C
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