Commercial Account Executive

Commercial Account Executive

Chesterfield Full-Time 44000 - 66000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage a portfolio, develop business plans, and build client relationships.
  • Company: Join a dynamic team focused on commercial insurance and client success.
  • Benefits: Enjoy a competitive salary and flexible working arrangements.
  • Why this job: Be part of a growing company with a strong focus on personal development and teamwork.
  • Qualifications: 5-7 years in commercial broking with proven sales skills required.
  • Other info: Opportunity to work in Birmingham or Hertfordshire with a vibrant office culture.

The predicted salary is between 44000 - 66000 £ per year.

Salary: £55,000

Location: Birmingham or Hertfordshire based - 2 days in office

PURPOSE OF ROLE

Lawes is assisting our client in finding an experienced Account Executive to manage a portfolio of approximately £100k and grow their book of business. The successful candidate will be tasked with creating and implementing a business plan to drive growth, playing a key role in the ongoing success of the team.

RESPONSIBILITIES

  • Develop and implement a comprehensive business plan aimed at achieving growth targets
  • Conduct regular client visits to build strong, lasting relationships
  • Present risks to the market and identify cover requirements tailored to clients' needs
  • Liaise effectively with internal brokers and insurer underwriters to ensure seamless service delivery
  • Maintain a strong sales focus while demonstrating a comprehensive understanding of commercial broking

EXPERIENCE

  • Minimum of 5-7 years of commercial broking experience, demonstrating a strong track record in the industry
  • Proven sales ability or a clear indication of potential for sales success
  • In-depth understanding of commercial insurance products and the associated risk management processes

DAY-TO-DAY

  • Manage and grow a book of business with a clear goal of expanding the portfolio
  • Regularly visit clients to maintain relationships and present solutions
  • Develop and maintain relationships with both internal and external stakeholders to ensure business continuity and client satisfaction
  • Prepare and execute business plans to drive growth and meet targets

SKILLS

  • Strong sales and business development skills with a passion for building long-term client relationships
  • Excellent communication and presentation abilities, with the confidence to engage stakeholders at all levels
  • Proficiency in commercial broking and risk assessment, with the ability to identify and solve complex issues
  • Self-motivated, goal-oriented, and results-driven with the ability to manage multiple priorities

If you have the relevant experience or know someone that does please contact me now.

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Contact Detail:

Lawes Recruitment (UK) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Account Executive

✨Tip Number 1

Network actively within the commercial insurance sector. Attend industry events, webinars, and local meetups to connect with potential clients and other professionals. Building relationships can lead to referrals and insights that will help you in your role.

✨Tip Number 2

Familiarise yourself with the latest trends and developments in commercial broking. This knowledge will not only enhance your conversations with clients but also demonstrate your commitment to staying ahead in the industry.

✨Tip Number 3

Prepare for client visits by researching their business and understanding their specific needs. Tailoring your approach to each client will show that you value their business and are dedicated to providing personalised solutions.

✨Tip Number 4

Develop a strong understanding of the internal processes at StudySmarter. Knowing how to effectively liaise with brokers and underwriters will streamline your workflow and improve service delivery for your clients.

We think you need these skills to ace Commercial Account Executive

Sales and Business Development Skills
Client Relationship Management
Commercial Insurance Knowledge
Risk Assessment Proficiency
Communication Skills
Presentation Skills
Stakeholder Engagement
Problem-Solving Skills
Self-Motivation
Goal Orientation
Time Management
Negotiation Skills
Analytical Thinking
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your commercial broking experience and sales achievements. Use specific examples that demonstrate your ability to manage a portfolio and drive growth, as these are key responsibilities for the role.

Craft a Compelling Cover Letter: In your cover letter, express your passion for building long-term client relationships and your understanding of commercial insurance products. Mention how your skills align with the company's goals and how you can contribute to their success.

Showcase Relevant Experience: When detailing your work history, focus on your 5-7 years of experience in commercial broking. Highlight any specific achievements or projects where you successfully implemented business plans or grew a book of business.

Prepare for Potential Questions: Think about how you would answer questions related to risk assessment and client relationship management. Be ready to discuss your approach to developing business plans and how you maintain strong communication with stakeholders.

How to prepare for a job interview at Lawes Recruitment (UK) Limited

✨Know Your Numbers

As a Commercial Account Executive, you'll be managing a portfolio worth around £100k. Be prepared to discuss your previous sales figures and how you've successfully grown accounts in the past. This shows your potential employer that you understand the financial aspects of the role.

✨Demonstrate Relationship Building Skills

Since the role involves regular client visits and maintaining strong relationships, come equipped with examples of how you've built and nurtured client relationships in your previous roles. Highlight any long-term partnerships you've developed and how they benefited your previous employers.

✨Understand the Market

Familiarise yourself with current trends in commercial insurance and risk management. Being able to discuss recent developments or challenges in the industry will demonstrate your knowledge and commitment to staying informed, which is crucial for this position.

✨Prepare a Business Plan

Since the role requires creating and implementing a business plan, consider preparing a mock plan that outlines how you would approach growing the portfolio. This could include strategies for client engagement, market analysis, and sales targets, showcasing your proactive thinking.

Commercial Account Executive
Lawes Recruitment (UK) Limited
Location: Chesterfield
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