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- Tasks: Manage client relationships and develop new business in the insurance sector.
- Company: Leading insurance firm with a focus on growth and innovation.
- Benefits: Competitive salary, performance bonuses, and hybrid working options.
- Why this job: Join a dynamic team and make a real impact in the insurance market.
- Qualifications: 10+ years in account management, preferably in Financial Services.
- Other info: Exciting travel opportunities and career advancement in a thriving industry.
The predicted salary is between 110000 - 120000 £ per year.
Hybrid role UK wide £110K - £120K + 15% Variable + 20% Bonus
Our client is currently searching for an Insurance Account Executive. This position is a client-facing role in the insurance industry responsible for managing relationships with existing clients and developing new business. The position combines sales, account management, and advisory functions.
Hybrid working: noting that you will be unable to work at home 100% of the time.
If you are successfully offered this position, you will go through a series of pre-employment checks, including: identity, nationality (single or dual) or immigration status, employment history going back 3 continuous years, and unspent criminal record check (known as Disclosure and Barring Service).
Our client is seeking an ambitious Account Executive for their Insurance Market Unit in the UK. This is a permanent, full-time role based in London, but travel will be required on a regular basis to the designated clients relating to this role. There may also be an infrequent travel requirement to other UK, European and rest of the world based on business requirements.
The Account Executive is responsible for ongoing account management and development of new opportunities for the Insurance market unit. Responsibilities include:
- Development and successful execution of the account(s) strategies
- Coordinate the marketing, sales, delivery, and subject matter expertise capabilities required to grow the account
- Sell and deliver within the account, adhering to approved revenue and contribution margin guidelines
- Work with sales team to develop and drive service offerings and campaigns to develop new business
- Oversight of project teams working on accounts, and accountable for overall account success
- Develop and maintain executive-level client relationships
Requirements:
- 10+ years of account management experience mainly within Financial Services
- Good understanding of the general insurance market in motor and home, commercial property and casualty will be advantageous
- Proven track record of sales showing annual incremental growth and profitability
- Proven ability to leverage and explore wider partnerships to drive growth and create value for clients with a strong C-level network.
Account Executive | Insurance (Permanent) in London employer: Absolute Applications
Contact Detail:
Absolute Applications Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive | Insurance (Permanent) in London
✨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 Account Executive role.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers, highlight your experience in account management and sales. Share specific examples of how you've driven growth and built strong client relationships. We want to see that passion for the insurance market!
✨Tip Number 3
Prepare for those interviews! Research the company and understand their clients and services. Be ready to discuss how you can contribute to their success. We recommend practising common interview questions and having a few insightful questions of your own to ask.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team. Don’t forget to follow up after applying; it shows your enthusiasm and commitment!
We think you need these skills to ace Account Executive | Insurance (Permanent) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Account Executive role. Highlight your experience in account management and sales, especially within the insurance sector. We want to see how your skills align with what our client is looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Share specific examples of how you've developed client relationships and driven growth in previous positions.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and metrics to demonstrate your success in managing accounts and driving sales. We love seeing tangible results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Absolute Applications
✨Know Your Stuff
Make sure you have a solid understanding of the insurance market, especially in areas like motor and home insurance, as well as commercial property. Brush up on recent trends and challenges in the industry so you can speak confidently about them during your interview.
✨Showcase Your Relationships
Since this role involves managing client relationships, be ready to discuss your experience in building and maintaining executive-level connections. Prepare specific examples of how you've successfully developed business and driven growth through these relationships.
✨Demonstrate Your Sales Savvy
Highlight your proven track record in sales, particularly any instances where you've achieved annual incremental growth. Be prepared to share metrics or success stories that illustrate your ability to meet and exceed targets.
✨Prepare for the Hybrid Work Environment
Understand the dynamics of hybrid working and be ready to discuss how you manage your time and productivity when working both remotely and on-site. Think about how you can effectively coordinate with teams and clients in this setup.