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- Tasks: Engage with clients, manage insurance portfolios, and achieve sales targets.
- Company: Join a successful team in a stable broking location in Newton Abbot.
- Benefits: Enjoy a negotiable salary, bonus structure, and various perks like pension and holidays.
- Why this job: This role offers growth opportunities and a chance to make an impact in client relationships.
- Qualifications: Experience in commercial insurance and strong communication skills are essential.
- Other info: Be part of a supportive team culture focused on professional development.
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 addon 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 (Sales) employer: Brown & Brown UK
Contact Detail:
Brown & Brown UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive (Sales)
✨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 help you engage in meaningful conversations with potential employers and demonstrate your expertise.
✨Tip Number 2
Network within the insurance industry, especially with professionals who have experience in commercial account management. Attend industry events or join online forums to build connections that could lead to job opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss your previous successes in client relationship management and how you've contributed to income growth. Be ready to share specific examples that highlight your skills in securing renewals and new business.
✨Tip Number 4
Stay updated on current market trends and economic factors affecting the insurance industry. This knowledge will not only enhance your discussions during interviews but also show your commitment to staying informed and proactive in your field.
We think you need these skills to ace Commercial Account Executive (Sales)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance and sales. Emphasise your understanding of client business operations and any previous successes in meeting renewal or new business targets.
Craft a Compelling Cover Letter: Write a cover letter that showcases your interpersonal skills and ability to build relationships. Mention specific examples of how you've successfully managed client portfolios or achieved sales targets in the past.
Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as planning, organisation, and attention to detail. Provide concrete examples of how you've demonstrated these skills in previous roles.
Show Enthusiasm for the Role: Convey your excitement about the opportunity to work with the team in Newton Abbot. Explain why you are drawn to this position and how it aligns with your career goals in the commercial insurance sector.
How to prepare for a job interview at Brown & Brown UK
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of commercial insurance risks and market trends. Be prepared to discuss specific examples from your experience that demonstrate your understanding of various business types and their insurance needs.
✨Showcase Your Relationship Management Skills
Since this role heavily relies on client relationships, think of instances where you've successfully built or maintained client connections. Be ready to share how you approach relationship management and client service techniques.
✨Prepare for Practical Scenarios
Expect to be asked about how you would handle specific situations, such as presenting to insurers or managing debt. Prepare some scenarios in advance to illustrate your problem-solving skills and ability to meet targets.
✨Demonstrate Your Organisational Skills
The job requires strong planning and organisation skills. Be ready to discuss how you manage your time and prioritise tasks, especially when it comes to meeting deadlines and maintaining your client portfolio.
