Insurance Broker

Commercial Insurance New Business Development Location: Bromsgrove, Worcestershire Salary: base 35 -40k per annum (DOE) + Bonus on Sales, flex Benefits, Hybrid Working (after Probation) On Site Parking Are you a highly motivated and results-driven individual with a passion for forging new relationships? Do you possess a deep understanding of the insurance landscape and a proven track record in driving business growth? If so, we want to hear from you! Our clients are a rapidly expanding and innovative insurance brokerage dedicated to delivering exceptional value and tailored solutions to their clients, they pride themselves on their client-centric approach, cutting-edge technology, and collaborative team environment. As they continue to expand their market presence, they are seeking a dynamic and proactive New Business Development Broker to join their thriving team. The Opportunity: This is a pivotal role for an ambitious individual who thrives on identifying and converting new business opportunities. You will be instrumental in expanding our clients book of Business forging strategic partnerships, and contributing directly to their continued success. You\’ll be given the autonomy to shape your approach, supported by a dedicated team and market-leading products/services. Key Responsibilities: • Lead Generation & Prospecting: Proactively identify and qualify new business opportunities through various channels, including market research, networking, cold outreach, and leveraging industry connections. ( Some Leads are provided) • Relationship Building: Develop and nurture strong, lasting relationships with prospective clients, key decision-makers (e.g., business owners, HR managers, fellow brokers, specific industry stakeholders), and introducers. • Solution Presentation: Conduct compelling presentations and product demonstrations, clearly articulating the value proposition of our clients insurance solutions and how they address client needs. • Needs Analysis & Tailoring: Conduct in-depth needs analysis to understand client requirements and challenges, then expertly tailor insurance solutions to meet their specific objectives. • Negotiation & Closing: Lead negotiations and effectively close new business deals, consistently achieving and exceeding ambitious sales targets. • Pipeline Management: Maintain a robust sales pipeline using our clients CRM system, ensuring accurate forecasting and detailed reporting of activities and progress. • Market Intelligence: Stay abreast of industry trends, competitor activities, and regulatory changes (e.g., FCA guidelines) to identify new opportunities and inform strategic discussions. • Collaboration: Work closely with internal teams, including Underwriting, Claims, Account Management, and Marketing, to ensure seamless client onboarding and ongoing satisfaction. • Brand Ambassador: Represent the company at industry events, conferences, and networking functions, enhancing our reputation and expanding our professional network. What We\’re Looking For: • Proven Sales Acumen Demonstrable experience in B2B new business development, ideally within the insurance or financial services sector. • Insurance Knowledge: A strong understanding of the general insurance market, SME and Commercial Insurance classes • Exceptional Communication: Outstanding verbal, written, and presentation skills, with the ability to articulate complex concepts clearly and persuasively to diverse audiences. • Relationship Builder: A natural flair for building rapport, trust, and long-term relationships with clients and partners. • Results-Oriented: A highly motivated and driven individual with a proven track record of consistently exceeding sales targets. • Strategic Thinker: Ability to identify opportunities, develop strategic plans, and execute them effectively. • Self-Starter: Proactive, self-disciplined, and capable of managing your own time and priorities effectively. • Tech-Savvy: Proficient in CRM software Microsoft Office Suite. • Full UK Driving Licence: Essential for client visits and travel. What our client can offer • A competitive basic salary with a highly rewarding, market leading commission structure. • Comprehensive benefits package • Opportunities for continuous professional development and support for CII qualifications. • A collaborative and supportive team environment with a strong company culture. • Genuine opportunities for career progression within a growing organisation. • Flexible working options considered for experienced candidates. If you are ready to take the next step in your career and make a significant impact within a forward-thinking insurance business, please click on the link and a consultant from Cameron – James Professional Recruitment will be on contact with you