At a Glance
- Tasks: Engage with clients and convert leads in professional indemnity insurance sales.
- Company: Join a dynamic, independent retail insurance broker focused on client-first solutions.
- Benefits: Enjoy a competitive salary, excellent bonuses, and a supportive marketing team providing leads.
- Why this job: Be part of a fresh, independent company making waves in the insurance industry.
- Qualifications: Commercial insurance experience and strong knowledge of professional indemnity required.
- Other info: Opportunity for significant earnings with a focus on building lasting client relationships.
The predicted salary is between 45000 - 70000 £ per year.
Job Description
Experienced dealing with Commercial Insurance sales, with strong PI knowledge or a PI specialist? If so, this could be a career defining move for you!
We have several exciting openings for you to join a dynamic retail insurance broker specialising in professional indemnity insurance for a wide range of professions, but with a particular focus on solicitors, independent financial advisors, insurance intermediaries and property professionals.
So, a bit about them!
They have watched the continued consolidation of the insurance broking space, both nationally and more acutely in the Bristol area by all the names you’ve heard of – and they thought, clients chose independent brokers for a reason – not every client wants to be represented by a large international broker where products and services get standardised on size and geographical location, where advice gets watered down to the lowest common denominator, and broking staff are ‘told’ where they can and can’t place their business – irrespective of clients’ needs. That’s why they launched the business in 2022, with some impressive backing – to bring independence back to broking, and to give clients the choice they’ve lost in recent years.
They are part of a fully independent group of insurance and professional service businesses, free of any external shareholders, enabling them to put clients and staff at the heart of what they do. They are owned and managed by a team of respected industry figures – and whilst they are a new name, the team isn’t new – they all have a long history in insurance broking and professional indemnity, with an independent mindset and client first attitude.
And this leads us to the advert, because as part of their expansion, they are now seeking to talk to you if you are a talented and motivated PI Insurance sales developer, a decent self starter with a track record in new business delivery – They are looking for people who are capable of writing £150k comm/fee income + pa, and remuneration will depend on all these factors.
So, what will you be doing we hear you ask! Put simply, you will be working closely with their marketing teams, managing sector specific leads in their chosen specialities, liaising with prospective clients (largely expected to be firms with turnovers up to £50M / average premiums expected to be £40k) to convert leads through the successful placement of client insurance programmes.
To be consider you will need to have commercial insurance experience, with at the very least a good working knowledge of PI. They have a marketing team who will provide you with some super-hot leads, so you just need to be able to close these and then build lasting client relationships.
Salary on offer is £45-70k basic, plus very very good bonuses!!!!
If you would like to find out more about this company and these roles, then please contact Kieran at CKB Recruitment.
Development Account Executive PI employer: CKB Recruitment
Contact Detail:
CKB Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Account Executive PI
✨Tip Number 1
Familiarise yourself with the latest trends and developments in professional indemnity insurance. This will not only help you during interviews but also demonstrate your genuine interest in the field, making you a more attractive candidate.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who specialise in PI. Attend relevant events or join online forums to connect with potential colleagues and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss your previous sales achievements in detail. Be ready to share specific examples of how you've successfully closed deals and built client relationships, as this will be crucial for demonstrating your capability to meet their expectations.
✨Tip Number 4
Research the company’s values and mission. Understanding their commitment to independence and client-first service will allow you to align your responses during discussions, showing that you are a good cultural fit for their team.
We think you need these skills to ace Development Account Executive PI
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Development Account Executive in PI. Familiarise yourself with the specifics of professional indemnity insurance and the types of clients the company serves.
Tailor Your CV: Highlight your experience in commercial insurance sales and any specific knowledge of professional indemnity insurance. Use quantifiable achievements to demonstrate your track record in new business delivery, such as revenue generated or client relationships built.
Craft a Compelling Cover Letter: In your cover letter, express your motivation for joining an independent broker and how your values align with their client-first approach. Mention your ability to convert leads and build lasting relationships, as these are key aspects of the role.
Proofread and Submit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your CV and cover letter are formatted correctly and that all required information is included. Submit your application through our website for consideration.
How to prepare for a job interview at CKB Recruitment
✨Showcase Your PI Knowledge
Make sure to highlight your understanding of professional indemnity insurance during the interview. Be prepared to discuss specific cases or scenarios where your knowledge has helped clients, as this will demonstrate your expertise and suitability for the role.
✨Demonstrate Your Sales Track Record
Since the company is looking for someone with a proven ability to generate significant income, come ready with examples of your past sales achievements. Quantify your success with figures, such as the amount of commission generated or the number of new clients acquired.
✨Understand Their Unique Selling Proposition
Research the company's approach to independent broking and how it differs from larger firms. Be prepared to discuss why you believe independence in broking is important and how you can contribute to their mission of putting clients first.
✨Prepare Questions for Them
Interviews are a two-way street, so think of insightful questions to ask about the company culture, team dynamics, and future growth plans. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.