At a Glance
- Tasks: Drive new business and manage client relationships in a dynamic insurance environment.
- Company: Forward-thinking insurance firm based in Newbury with a strong client service model.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Diverse team culture with opportunities for personal and professional growth.
- Why this job: Join a market leader and make an impact while growing your career in insurance.
- Qualifications: 5+ years in commercial insurance and strong client management skills required.
The predicted salary is between 40000 - 50000 £ per year.
We are currently looking for a Commercial Account Executive to join our professional and forward-thinking office in Newbury. 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.
The company is looking to the future and prides itself on having a market-leading client service model and a long list of products it can access. Experience of broking from within a variety of business sectors is welcomed, and in return, you will receive a career with opportunities, autonomy, stability, and good financial rewards.
Day to Day:
- Achieve new business & 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 + 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)
Your Experience:
- Requirement of at least 5+ years commercial insurance experience
- Ability to handle new business enquiries, renewals, and midterm 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
Equal Opportunity Statement:
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Commercial Account Executive in Newbury employer: 897 Brown & Brown (Europe) Limited
Join our dynamic team in Newbury as a Commercial Account Executive, where we prioritise professional growth and a supportive work culture. With a focus on client relationships and innovative insurance solutions, we offer competitive salaries, flexible benefits, and fully funded professional development opportunities, ensuring you thrive in your career while enjoying a balanced work-life environment.
Contact Details:
897 Brown & Brown (Europe) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Account Executive in Newbury
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Commercial Account Executive role.
✨Tip Number 2
Practice your pitch! You’ll want to be able to clearly articulate your experience and how it aligns with the role. Think about your past successes in managing client relationships and presenting complex insurance solutions. We recommend rehearsing with a friend or in front of a mirror to boost your confidence.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the position. Mention something specific from your conversation to remind them why you’re the perfect fit for their team. It’s all about keeping the lines of communication open!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it shows you’re genuinely interested in being part of our team. Let’s get you that job!
We think you need these skills to ace Commercial Account Executive in Newbury
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Account Executive role. Highlight your experience in commercial insurance and client relationship management, as these are key for us. Use specific examples that showcase your skills and achievements.
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. Mention your understanding of client business operations and how you can contribute to our market-leading client service model.
Showcase Your Achievements:When filling out your application, don’t just list your responsibilities—show us what you've achieved! Include metrics or examples of how you've met or exceeded targets in previous roles. We love seeing results!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at 897 Brown & Brown (Europe) Limited
✨Know Your Stuff
Make sure you have a solid understanding of commercial insurance products and the specific needs of clients. Brush up on your knowledge of risk management and how it applies to different business sectors. This will help you answer questions confidently and show that you're the right fit for the role.
✨Showcase Your Experience
Prepare to discuss your previous experience in handling new business enquiries and renewals. Have specific examples ready that demonstrate your success in achieving targets and managing client relationships. This will highlight your ability to contribute to the company's growth.
✨Engage with the Company Culture
Research the company’s values and client service model. Be ready to discuss how your personal values align with theirs. Showing that you understand and appreciate their approach will make you stand out as a candidate who is genuinely interested in being part of their team.
✨Ask Insightful Questions
Prepare thoughtful questions about the role, the team, and the company’s future plans. This not only shows your interest but also gives you a chance to assess if this is the right environment for you. It’s a two-way street, so make sure you’re also interviewing them!
