Commercial Account Executive
Commercial Account Executive

Commercial Account Executive

Exeter Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Commercial Account Executive, managing diverse insurance needs for businesses.
  • Company: We're a leading broking firm based in Newton Abbot, known for our supportive culture.
  • Benefits: Enjoy a negotiable salary, bonus structure, and a range of perks like pension and holidays.
  • Why this job: This role offers growth opportunities, client interaction, and a chance to make an impact in the industry.
  • Qualifications: You need commercial insurance knowledge and strong communication skills to thrive in this position.
  • Other info: This is a long-term opportunity with a focus on professional development and teamwork.

The predicted salary is between 36000 - 60000 £ per year.

We are currently looking for a Commercial Account Executive to join the successful and welcoming team based out of the Newton Abbot office.

The Commercial Account Executive is central to the regional operations and will deal with a variety of classes of insurance for various business types and sizes. Access to various, sometimes unique market wordings and online underwriting systems will give you a strong position in finding the most appropriate insurances to suit clients' demands and needs.

The position requires a good understanding of client business operations, opportunities, risks and their approach to risk management and insurance. In addition, you will need proven experience in the offer and presentation of commercial insurances to secure renewal or new business elements to a client's programme. Relationship management and client service techniques are key to this role. Annual targets revolve around maintaining and achieving income growth on the account via the expansion of your client portfolio and from any new business.

This is a long-term and progressive opportunity with a stable and key broking location. You will need commercial insurance knowledge either from a specific sector or generic cross-class.

The day to day:

  • Meet and deliver against your agreed Renewal Retention and/or New Business targets, contributing towards overall budget objectives & KPI’s.
  • Complete all roles and tasks as required, ensuring you adhere to procedures and policies at all times.
  • Creating a customer-led culture where sales and customer standards, discipline, activities, and best practice are delivered.
  • Client visits, presentations to insurers, obtaining and submitting best in market quotations for new business or renewals.
  • Debt Management - ensure all monies are collected and allocated appropriately and keep line manager informed of any current, potential or perceived problems with bad debt.
  • Manage and prioritise your diaries/tasks, these are to be kept up to date.
  • Complete any training that is deemed necessary for your role and complete the actions set in line with your plan.
  • Ensure all training is completed to deadline set for you and your team. Log all training and development on your Continuous Professional Development Plan (CPD).

What’s on offer:

  • Negotiable basic salary.
  • Bonus Structure.
  • Wide range of additional add-on benefits and discounts (Pension, Holiday etc).

Your experience:

  • Good knowledge of broking commercial insurance risks across various business lines.
  • Experience of commerce and industry and familiarity with markets and economic trends.
  • Ability to develop and maintain business contacts and goodwill.
  • Excellent interpersonal, written and verbal communication skills.
  • Ability to prepare and present reports.
  • Pro-active and self-motivated.
  • Strong planning and organisation skills to meet deadlines.
  • Attention to detail.
  • Co-operative and supportive team player.

Commercial Account Executive employer: Brown & Brown UK

Join a thriving team in Newton Abbot, where we prioritise a supportive work culture that fosters collaboration and professional growth. As a Commercial Account Executive, you'll benefit from a competitive salary, bonus structure, and a range of additional perks, all while working in a dynamic environment that values client relationships and innovative insurance solutions. With access to unique market wordings and ongoing training opportunities, this role offers a rewarding career path in a stable and key broking location.
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Contact Detail:

Brown & Brown UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Account Executive

✨Tip Number 1

Familiarise yourself with the specific types of commercial insurance relevant to the role. Understanding the nuances of different classes of insurance will not only boost your confidence but also demonstrate your expertise during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in commercial broking. Attend industry events or join online forums to build connections that could provide insights and potentially lead to referrals for the position.

✨Tip Number 3

Prepare to discuss your experience with client relationship management. Be ready to share specific examples of how you've successfully maintained or grown client portfolios, as this is a key aspect of the Commercial Account Executive role.

✨Tip Number 4

Research StudySmarter's values and culture. Tailoring your approach to align with our ethos can make a significant difference in how you present yourself during any interactions with us, showing that you're a great fit for our team.

We think you need these skills to ace Commercial Account Executive

Commercial Insurance Knowledge
Client Relationship Management
Sales Techniques
Presentation Skills
Negotiation Skills
Market Analysis
Risk Management Understanding
Interpersonal Skills
Written Communication Skills
Verbal Communication Skills
Time Management
Attention to Detail
Proactive Approach
Organisational Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance and client relationship management. Use specific examples that demonstrate your understanding of client business operations and risk management.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your experience with commercial insurance and how it aligns with the responsibilities of the Commercial Account Executive position.

Highlight Key Skills: In your application, emphasise skills such as interpersonal communication, planning, and organisation. Provide examples of how you've successfully met targets or managed client relationships in previous roles.

Proofread Your Application: Before submitting, carefully proofread your application to eliminate any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.

How to prepare for a job interview at Brown & Brown UK

✨Know Your Insurance Basics

Make sure you brush up on your knowledge of commercial insurance risks and the various business lines. Being able to discuss specific examples or trends in the market will show that you're well-prepared and knowledgeable.

✨Demonstrate Relationship Management Skills

Prepare to discuss how you've successfully managed client relationships in the past. Share specific examples of how you've built goodwill and maintained business contacts, as this is crucial for the role.

✨Showcase Your Presentation Skills

Since the role involves client visits and presentations, practice your presentation skills. Be ready to explain how you would present insurance options to clients and what strategies you would use to secure renewals or new business.

✨Highlight Your Organisational Skills

The job requires strong planning and organisation skills. Be prepared to discuss how you manage your time and prioritise tasks, especially when it comes to meeting deadlines and achieving targets.

Commercial Account Executive
Brown & Brown UK
B
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