At a Glance
- Tasks: Drive new business and manage client relationships in commercial insurance.
- Company: Join a leading insurance firm with a supportive and diverse team.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Flexible benefits and opportunities for career advancement await you.
- Why this job: Make an impact in a dynamic industry while growing your career.
- Qualifications: 3+ years in commercial insurance and strong client management skills.
The predicted salary is between 40000 - 50000 £ per year.
We are currently looking for an experienced Commercial Insurance Account Executive to join our professional and welcoming team at our Newbury office. This role requires a good understanding of client business operations, opportunities, risks and their approach to risk management and insurance. In addition, you will need proven experience in the offer and presentation of complex commercial insurances to secure renewal or new business elements to a client’s programme. Relationship management and client service techniques are key to this role. Annual targets revolve around maintaining and achieving income growth on the account via the expansion of your client portfolio and from any new business.
Responsibilities:
- Achieve new business and renewal targets.
- Engage with marketing strategy and promptly act on leads.
- Develop introducer relationships.
- Generate own leads and effectively manage new business pipeline.
- Generate cross‑selling leads for other departments according to target.
- Manage ongoing relationships with existing clients ensuring high levels of customer service are provided.
- Look to expand account by identifying additional sales opportunities with existing clients.
- Attend client visits and complete relevant fact‑finding documents in respect of new business.
- Renewal business: review last year’s documentation or client register (where applicable) along with current fact‑find documentation with the client, updating facts, figures and requirements.
- Review demands and needs of clients and advise on the most appropriate insurances to meet these.
- Prepare broking notes for new business cases and work with AH to update renewal notes.
- Agree broking strategy with broking support and assist in the process where needed.
- Review the broking exercise and complete final negotiations with underwriters when needed.
- Produce closing instruction in line with company procedures and pass to AH for processing.
What’s on offer:
- A negotiable basic salary.
- 25 days holiday + Bank Holidays.
- Pension.
- Death in Service.
- Access to 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).
Your Experience:
- At least 3+ years of commercial insurance experience in broking.
- Ability to handle new business enquiries, renewals and mid‑term adjustments of various insurance policies.
- Good understanding of commercial insurance products and options.
- Acturis insurance broking software knowledge is an advantage.
- Commitment to progress towards Cert CII.
- Possession of a full driving licence.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Account Executive in Newbury employer: 897 Brown & Brown (Europe) Limited
Join our dynamic team in Newbury as a Commercial Account Executive, where you will thrive in a supportive and professional environment that values your expertise and fosters growth. With competitive salaries, generous holiday allowances, and a commitment to your professional development, we offer a rewarding career path alongside some of the best minds in the insurance industry. Our culture prioritises collaboration and client service excellence, ensuring you have the autonomy and resources to succeed while enjoying the benefits of a flexible and inclusive workplace.
Contact Details:
897 Brown & Brown (Europe) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive in Newbury
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. Building relationships can lead to job opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its clients. Understand their business operations and risks, so you can showcase how your experience aligns with their needs during the chat.
✨Tip Number 3
Practice your pitch! Be ready to explain your past successes in managing client relationships and securing new business. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Account Executive in Newbury
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Account Executive role. Highlight your experience in commercial insurance and any relevant achievements that showcase your ability to meet targets and manage client relationships.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of how you've successfully handled new business enquiries or renewals, and how you can contribute to our market-leading client service model.
Showcase Your Skills:Don’t forget to highlight your understanding of commercial insurance products and your experience with broking software like Acturis. We want to see how your skills align with what we’re looking for in an Account Executive.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our fantastic team in Newbury!
How to prepare for a job interview at 897 Brown & Brown (Europe) Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance products and the specific needs of clients in various sectors. Being able to discuss how you can meet their demands will show that you're not just familiar with the industry, but that you’re also ready to hit the ground running.
✨Showcase Your Relationship Skills
Since relationship management is key for this role, prepare examples of how you've successfully built and maintained client relationships in the past. Think about specific situations where your client service techniques made a difference and be ready to share those stories.
✨Prepare for the Numbers Game
Be ready to discuss your past performance in terms of achieving new business and renewal targets. Have some figures handy that demonstrate your success in expanding client portfolios and generating leads, as this will highlight your ability to contribute to the company's growth.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s marketing strategy and client service model. This shows that you’re genuinely interested in how they operate and are thinking about how you can fit into their future plans. Plus, it gives you a chance to assess if this is the right place for you!
