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For Companies At a Glance
- Tasks: Manage client relationships and policy renewals while identifying new business opportunities.
- Company: Howden Ireland is a leading global insurance intermediary with over 500 employees across 28 offices.
- Benefits: Enjoy hybrid working, competitive salary, and a supportive team culture.
- Why this job: Join a dynamic team focused on client satisfaction and professional growth in the insurance sector.
- Qualifications: 3+ years in insurance, strong negotiation skills, and a full clean driving licence required.
- Other info: This is a full-time permanent role based in Belfast.
The predicted salary is between 28000 - 42000 £ per year.
Based in our Belfast office, Howden are delighted to have a vacancy as an Account Executive for our Commercial book of business that will be an integral part of our wider Northern Ireland team. This is a hybrid working role and is on a full time permanent basis.
About the role:
Reporting to the Team Leader, the successful Account Executive will primarily focus on managing policy renewals, ensuring client retention and satisfaction by providing tailored insurance solutions. Additionally, they will identify and secure new business opportunities when available to expand the client base. This role requires strong relationship management, negotiation, and sales skills to optimise client portfolios and drive business growth.
Key Responsibilities:
- Maintain and strengthen relationships with existing clients, ensuring their needs are met and fostering long-term loyalty.
- Oversee the renewal process for commercial insurance policies, including reviewing terms, negotiating renewals, and ensuring timely completion.
- Evaluate clients' risk profiles and provide expert advice on suitable insurance products and coverage options.
- Provide exceptional service by addressing client inquiries, resolving issues promptly, and ensuring a high level of client satisfaction.
- Ensure New Business/Renewal targets are achieved.
- Implement Company's Compliance and office procedures including New Business Development and Renewal Procedures document.
- Ensure that you are up-to-date with market practice and product availability, giving feedback to Management in relation to market issues, including pricing, service levels and product development.
- Where required, work with other teams within the Group to facilitate training, product development and to promote operational efficiencies.
- Attend client visits with Management as required.
- Adhere to Compliance as outlined in Handbook and Procedures Manual.
About You:
- Minimum of 3 years' experience in an insurance role.
- Excellent technical product knowledge and knowledge of Commercial insurance market.
- Proven track record of managing a portfolio of clients, particularly handling policy renewals and addressing client inquiries.
- Proficient in negotiating terms and conditions to achieve favorable outcomes for both clients and the company.
- Ability to build and maintain strong relationships with clients to ensure high levels of satisfaction and retention.
- Full clean driving licence.
About Howden Ireland:
Howden Ireland is part of Howden, the global insurance intermediary group, and has over 500 employees across 28 local offices advising clients on their commercial insurance, personal insurance, health insurance, life and pensions and mortgage requirements. Our success is primarily down to the incredible people we employ.
Commercial Insurance Account Executive - Belfast employer: Howden Ireland
Contact Detail:
Howden Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Account Executive - Belfast
✨Tip Number 1
Familiarise yourself with the latest trends in the commercial insurance market. Understanding current market practices and product offerings will not only boost your confidence but also demonstrate your commitment to staying informed, which is crucial for the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work in commercial insurance. Attend local events or join online forums to connect with potential colleagues and gain insights into the company culture at Howden Ireland.
✨Tip Number 3
Prepare to discuss your experience in managing client portfolios and handling policy renewals during interviews. Be ready to share specific examples of how you've successfully retained clients and negotiated favourable terms in the past.
✨Tip Number 4
Showcase your relationship management skills by preparing questions that demonstrate your interest in understanding client needs. This will highlight your proactive approach to client satisfaction and retention, which is key for the Account Executive role.
We think you need these skills to ace Commercial Insurance Account Executive - Belfast
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the insurance sector, particularly focusing on policy renewals and client management. Use specific examples to demonstrate your negotiation skills and relationship-building abilities.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and Howden Ireland. Mention your relevant experience and how it aligns with the responsibilities outlined in the job description, such as managing client portfolios and achieving renewal targets.
Showcase Your Technical Knowledge: Emphasise your understanding of commercial insurance products and market practices. This could be through specific achievements or projects you've worked on that required in-depth product knowledge.
Highlight Client Relationship Skills: Provide examples of how you've successfully maintained and strengthened client relationships in previous roles. Discuss any strategies you used to ensure client satisfaction and retention, as this is crucial for the Account Executive position.
How to prepare for a job interview at Howden Ireland
✨Know Your Insurance Products
Make sure you have a solid understanding of the commercial insurance products relevant to the role. Be prepared to discuss specific policies, their benefits, and how they can meet client needs.
✨Demonstrate Relationship Management Skills
Prepare examples of how you've successfully built and maintained client relationships in the past. Highlight your ability to foster loyalty and satisfaction, as this is crucial for the Account Executive role.
✨Showcase Your Negotiation Skills
Be ready to discuss your experience with negotiating terms and conditions. Provide examples of how you've achieved favourable outcomes for clients while also benefiting your previous employers.
✨Research Howden Ireland
Familiarise yourself with Howden Ireland's values, services, and market position. Understanding the company will help you tailor your responses and demonstrate your genuine interest in the role.
