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- Tasks: Manage and grow a portfolio of corporate clients with complex insurance needs.
- Company: Join a fast-growing broker with a strong reputation in the commercial insurance sector.
- Benefits: Enjoy remote work options, performance incentives, private healthcare, and free gym access.
- Why this job: Enhance your career while working with VIP clients and gaining valuable industry experience.
- Qualifications: Must have 5+ years in commercial insurance sales, including PI and D&O experience.
- Other info: Office located near Bank Tube Station; flexible working arrangements available.
The predicted salary is between 40000 - 60000 £ per year.
We have a genuinely exciting role here for you if you have 5 years plus commercial insurance broking sales experience, working in the City, which will give you the opportunity to develop your knowledge working with Corporate sized businesses with complex needs, working for a fast growing broker who are growing at an impressive rate.
They have a book of business currently standing at £450k income, which they need you to take over, manage and grow. This is a key role for them too, as you will be looking after their VIP clients, with premium spends ranging from £5k-£1million. You will report into the Account Director here, with soft management responsibilities too, with a team of Account Handlers in the office, with one who will be your dedicated Account Handler to make sure you have all the back office broking support you need.
The book of business itself is a mix of commercial lines risks, and clients, but does have a financial lines edge to it. The right candidate will be given full assistance to settle into the company culture and will work closely with senior members of the established Commercial Department, attending regular client and insurer meetings, becoming an integral part of each client’s servicing team.
They are looking for an ambitious, hard-working individual that puts the client at the centre of their day-to-day work and is perhaps looking to work with some bigger clients. If you are looking to enhance your career, this is the right place for you.
Full support will be given to the right candidate, for you to meet your own career aspirations, including but not limited to CII Exam funding.
To be considered you must have a minimum of 5 years’ experience dealing with commercial lines in a sales or business development role, and this must include experience handling PI and D&O, with a good understanding of insurer markets and placement. You will also ideally have at least an intermediate knowledge of Acturis.
Salary on offer is £50-60k, plus bonuses, with 33% commission on all new business income that is self generated. This will be based in their London office (which is near Bank Tube Station) 3 days a week (Tuesday, Wednesday and Thursday) with the rest being able to be worked remotely. Office hours are Monday to Friday 9am to 5pm, with occasional out of hours hospitality and entertainment events.
They also offer Performance-based incentives, Pension, Death in Service, Private Healthcare, 25 Days’ Annual Leave, High Street Retailer Discount Scheme, Employee Assistance support telephone lines as well as ongoing training and CPD opportunities to enhance your skills, including support for professional qualifications. The office also provides free gym access and pilates classes.
Commission free insurance products including home, motor and travel insurance are also available.
If you would like to discuss this role in more detail, please contact Kieran at CKB Recruitment.
Contact Detail:
CKB Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Account Executive - corporate/mid market clients
✨Tip Number 1
Network with professionals in the commercial insurance sector, especially those who have experience with corporate and mid-market clients. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends and challenges in commercial insurance, particularly around financial lines like PI and D&O. This knowledge will not only help you in interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully managed client relationships and grown a book of business. Highlight your achievements in sales and how you've navigated complex client needs, as this will resonate well with the hiring team.
✨Tip Number 4
Research the company thoroughly, including their growth trajectory and client base. Understanding their unique selling points and how they differentiate themselves in the market will allow you to tailor your conversations and show genuine interest during the application process.
We think you need these skills to ace Commercial Insurance Account Executive - corporate/mid market clients
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 5+ years of commercial insurance broking sales experience. Focus on your achievements in managing and growing client accounts, especially with corporate clients and complex needs.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Emphasise your experience with PI and D&O, as well as your knowledge of insurer markets and placement. Make it clear why you are the right fit for their team.
Highlight Relevant Skills: In your application, be sure to mention any experience with Acturis and your ability to work collaboratively with Account Handlers. Stress your client-centric approach and ambition to work with larger clients.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in the insurance industry.
How to prepare for a job interview at CKB Recruitment Ltd
✨Showcase Your Experience
Make sure to highlight your 5+ years of commercial insurance broking sales experience. Be prepared to discuss specific examples of how you've managed and grown client accounts, especially those with complex needs.
✨Understand the Client Base
Familiarise yourself with the types of corporate clients you will be dealing with, particularly those in the financial lines sector. Demonstrating knowledge about their unique challenges and how you can address them will set you apart.
✨Emphasise Team Collaboration
Since you'll be working closely with Account Handlers and senior members of the Commercial Department, express your ability to collaborate effectively. Share examples of how teamwork has led to successful outcomes in your previous roles.
✨Prepare for Technical Questions
Brush up on your understanding of insurer markets and placement, as well as your knowledge of Acturis. Being able to answer technical questions confidently will show that you're well-prepared and knowledgeable in your field.
