At a Glance
- Tasks: Sell and renew insurance contracts while managing client relationships.
- Company: Dynamic insurance firm in Lutterworth with a focus on growth.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Opportunity for career progression based on merit and a supportive work environment.
- Why this job: Join a progressive team and build a rewarding career in insurance.
- Qualifications: 2 years of insurance experience and strong customer service skills.
The predicted salary is between 30000 - 40000 £ per year.
We are currently looking for a Commercial Account Executive to join the exciting and progressive team in Lutterworth. The Commercial Account Executive is an important sales and advisory position and your role will primarily involve selling/offering and renewing contracts of insurance, either stand alone or as part of a portfolio, to clients within a specific company division. As the Executive you will manage an existing book of business but will also be expected to assist with new enquiries to expand the Company’s client base and assist with achievement of the company’s new business targets. This is a superb opportunity for someone looking for a long term career and progression based on meritocracy.
Responsibilities
- Deal with nominated new and existing business insurance enquiries in a proactive manner.
- Administration of clients insurance requirements on a daily basis in relation to renewals, mid‑term adjustments and new business enquiries, obtaining quotations and accounting procedures.
- Review the demands and needs of assigned customers and advise on the most appropriate insurances to meet their demands and needs.
- Produce high quality broking submission reports and broker risks to the Insurance market demonstrating effective negotiation skills.
- Ensure high quality client documentation is produced and provided to clients.
- Liaise with insurers and other third parties regarding client’s insurance needs, building effective business relationships.
- Provide technical support to colleagues on request.
- Maintain effective working relationships with colleagues assisting in achievement of overall company objectives.
- Adhere to FCA regulations and requirements.
What’s on Offer
- Negotiable basic salary + all the normal benefits (25 days holiday + Bank Holidays, Pension, Death in Service, etc.)
- Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares post probation).
- Full support for your professional development, including fully funded qualifications.
Experience & Qualifications
- Minimum of 2 years general insurance experience either broking or underwriting.
- Ability to handle new business enquiries, renewals and mid‑term adjustments of insurance policies.
- Good customer service and negotiation skills.
- Effective planning, administration and organisational skills.
- Ability to work calmly under pressure.
- Excellent oral and written communication skills with the ability to professionally represent the Company.
- Ability to build successful, mutually beneficial business relationships with all stakeholders, i.e. prospects, clients, insurers and colleagues.
- Acturis insurance broking software knowledge is an advantage.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Account Executive employer: 897 Brown & Brown (Europe) Limited
Join our dynamic team in Lutterworth as an Account Executive, where we prioritise employee growth and development through fully funded qualifications and a meritocratic progression system. Enjoy a supportive work culture that values diversity and collaboration, alongside competitive benefits including a negotiable salary, flexible perks, and a share save scheme. This is not just a job; it's a long-term career opportunity in a thriving environment that encourages you to excel and make a meaningful impact.
Contact Details:
897 Brown & Brown (Europe) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Account Executive role.
✨Tip Number 2
Practice your pitch! You never know when you'll get a chance to impress someone. Prepare a quick summary of your experience and what you can bring to the table. Make it engaging and tailored to the insurance sector.
✨Tip Number 3
Follow up after interviews! A simple thank-you email can go a long way. It shows you're keen and professional. Plus, it keeps you on their radar as they make their decision.
✨Tip Number 4
Apply through our website! We love seeing applications come directly from candidates who are excited about joining us. It shows initiative and gives you a better chance of standing out in the crowd.
We think you need these skills to ace Account Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Account Executive role. Highlight your experience in insurance, especially any work with renewals and new business enquiries. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team in Lutterworth. Share specific examples of your negotiation skills and customer service experience that align with the job description.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your written application reflects that. Keep it clear, concise, and professional. We want to see your ability to represent the company well right from the start!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our exciting team!
How to prepare for a job interview at 897 Brown & Brown (Europe) Limited
✨Know Your Stuff
Make sure you brush up on your insurance knowledge, especially around the types of policies you'll be dealing with. Familiarise yourself with common terms and practices in the industry, as well as the specific products offered by the company. This will show that you're serious about the role and ready to hit the ground running.
✨Showcase Your Sales Skills
Prepare examples from your past experience where you've successfully managed client relationships or closed deals. Be ready to discuss how you handle new business enquiries and renewals, as this is a key part of the Account Executive role. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Ask Smart Questions
Interviews are a two-way street, so come armed with thoughtful questions about the company’s goals, team dynamics, and how success is measured in the role. This not only shows your interest but also helps you gauge if the company is the right fit for you.
✨Demonstrate Team Spirit
Since the role involves liaising with colleagues and building relationships, highlight your teamwork skills. Share instances where you've collaborated effectively with others to achieve a common goal. This will reassure them that you can contribute positively to their team culture.
