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For Companies At a Glance
- Tasks: Manage and grow a portfolio of commercial clients with tailored insurance solutions.
- Company: Join a growing brokerage that values innovation and client relationships.
- Benefits: Enjoy a competitive salary, hybrid working model, and career progression opportunities.
- Why this job: Be part of a dynamic team driving business growth and making a real impact.
- Qualifications: Experience in commercial insurance broking or account management is essential.
- Other info: Study support available for Cert CII qualification.
The predicted salary is between 28800 - 48000 £ per year.
Location: UK (Hybrid)
Job Type: Full-time
Salary: Competitive
About the Role
As a Commercial Account Executive, you will be responsible for managing and growing a portfolio of commercial clients, providing expert advice and tailored insurance solutions. You will play a key role in driving business growth, negotiating competitive terms, and ensuring clients receive the best coverage for their needs.
Key Responsibilities
- Develop and maintain strong relationships with commercial clients and insurers.
- Identify opportunities to expand business and enhance client portfolios.
- Negotiate policy terms, pricing, and coverage to ensure competitive and profitable placements.
- Handle renewals, mid-term adjustments (MTAs), and new business submissions.
- Provide expert advice on risk management and insurance solutions.
- Ensure compliance with FCA regulations and company policies.
- Utilize industry platforms to manage documentation and client files efficiently.
Qualifications & Experience
- Proven experience in commercial insurance broking or account management.
- Strong negotiation and relationship-building skills.
- Cert CII qualification or working towards it (study support available).
- Experience handling mid-market to corporate risks.
- Proficiency in Acturis and MS Office.
- Ability to work independently and collaboratively in a hybrid environment.
Why Join Us?
- Competitive salary and benefits package.
- Hybrid working model (office and remote flexibility).
- Career progression opportunities within a growing brokerage.
Contact Detail:
ProFound Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive (West Yorkshire)
✨Tip Number 1
Familiarise yourself with the commercial insurance landscape in West Yorkshire. Understanding local market trends and client needs will help you stand out during discussions and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in commercial account management. Attend industry events or join relevant online forums to build connections that could provide insights and referrals.
✨Tip Number 3
Brush up on your negotiation skills, as this is a key part of the role. Consider role-playing scenarios with friends or colleagues to practice negotiating terms and pricing effectively.
✨Tip Number 4
Stay updated on FCA regulations and compliance requirements. Being knowledgeable about these aspects will not only boost your confidence but also show potential employers that you are serious about adhering to industry standards.
We think you need these skills to ace Commercial Account Executive (West Yorkshire)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance broking or account management. Emphasise your negotiation skills and any qualifications like Cert CII, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific examples of how you've successfully managed client relationships and negotiated terms in previous positions.
Highlight Relevant Skills: In your application, focus on skills that align with the job description, such as relationship-building, risk management expertise, and proficiency in tools like Acturis and MS Office.
Show Enthusiasm for the Role: Convey your passion for the insurance industry and your eagerness to contribute to the company's growth. This can set you apart from other candidates and demonstrate your commitment to the position.
How to prepare for a job interview at ProFound
✨Know Your Portfolio
Before the interview, make sure you understand the types of commercial clients and insurance solutions relevant to the role. Be prepared to discuss how you would manage and grow a portfolio, showcasing your knowledge of the industry.
✨Demonstrate Negotiation Skills
Since negotiation is key in this role, think of examples from your past experiences where you successfully negotiated terms or pricing. Highlight your approach and the outcomes to show your capability in securing competitive placements.
✨Showcase Relationship-Building Abilities
Prepare to discuss how you've built and maintained strong relationships with clients and insurers in previous roles. Use specific examples to illustrate your interpersonal skills and how they contributed to business growth.
✨Familiarise Yourself with Compliance
Understanding FCA regulations is crucial for this position. Brush up on relevant compliance topics and be ready to discuss how you ensure adherence to these regulations in your work, demonstrating your commitment to ethical practices.
