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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 dynamic brokerage focused on business growth and client satisfaction.
- Benefits: Enjoy a competitive salary, hybrid working model, and career progression opportunities.
- Why this job: Be part of a supportive culture that values negotiation skills and client relationships.
- Qualifications: Experience in commercial insurance and strong negotiation skills required.
- Other info: Study support available for Cert CII qualification.
The predicted salary is between 36000 - 60000 £ 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.
Account Manager/Executives employer: ProFound
Contact Detail:
ProFound Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Manager/Executives
✨Tip Number 1
Familiarise yourself with the latest trends in commercial insurance and risk management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the industry.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who work in account management. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed client relationships and negotiated terms in previous roles. Highlighting your achievements will set you apart from other candidates.
✨Tip Number 4
Showcase your proficiency in Acturis and MS Office by being ready to discuss how you've used these tools to enhance efficiency in your past roles. This will demonstrate your capability to adapt quickly to our systems.
We think you need these skills to ace Account Manager/Executives
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 key 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.
Proofread Your Application: Before submitting, carefully proofread your application to eliminate any typos or grammatical errors. A polished application reflects your attention to detail, which is crucial in account management.
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, come ready with examples of past negotiations you've successfully handled. Highlight your approach to achieving competitive terms and how you ensure client satisfaction.
✨Showcase Relationship-Building Abilities
Prepare to discuss how you've developed and maintained strong relationships with clients and insurers in previous roles. Use specific examples to illustrate your ability to foster trust and collaboration.
✨Familiarise Yourself with Compliance
Understanding FCA regulations is crucial for this position. Brush up on relevant compliance issues and be ready to explain how you ensure adherence to these regulations in your work.
