At a Glance
- Tasks: Build your own insurance business while engaging with C-suite decision makers.
- Company: Join a pioneering cyber-only insurance broker aiming for IPO in 2028.
- Benefits: Enjoy uncapped commissions, flexible salary, and leading technology resources.
- Other info: Work closely with founders and grow your portfolio in a supportive environment.
- Why this job: Be part of a dynamic team transforming the insurance industry with real impact.
- Qualifications: Ambition and resilience are key; experience is less important than potential.
The predicted salary is between 36000 - 60000 £ per year.
The Opportunity
Our client is looking for ambitious people to join their journey in growing from start-up to scale-up with the aim of listing on the AIM in 2028. They are the first of their kind in a market that has been dormant for the last 50 years. Now a team of 30, the plan is to continue to double revenue year on year until IPO in 2028. This is an opportunity for a self-starter - someone with big ambitions, but also the urgency and resilience to achieve them. Effort and potential are more important to us than experience.
Who are they?
A cyber-only insurance broker, on a mission to rip up the standard broker playbook and deliver tangible value to a market unprepared for a very present and ever-growing risk. Cyber will become the most in-demand line of corporate insurance, and the current brokerage model cannot deliver the service required to tackle this comprehensively. Backed by the CEO of a FTSE 250 business, and with a founding team constructed of seasoned industry professionals, they are well set to achieve their lofty ambitions of IPO.
The Role
- Build your own book of insurance business within theirs.
- A hybrid position of business development and account management.
- Sourcing and engaging C-suite decision makers of medium to large businesses across an array of sectors.
- For each new sales opportunity you initiate, you'll work directly with the founders through the process.
- They will help you learn the business, your clientele and a range of strategies to add value to them.
- As you develop, your portfolio will continue to grow, and naturally your position will move further into a blend of account management and business development.
- The team liken the role to growing their own business within a business, and this comes with all the accountability, demands and rewards you would expect.
- Commissions are uncapped, residual and received on every dollar your portfolio makes.
- As well as the support from your mentors, you will also have leading technology and resources at your disposal.
What's on Offer
- Base salary £50k but can be flexible dependent on a number of variables.
- Average OTE of Year 1: £80k, Year 2: £130k, Year 3: £200k.
- Transparent commission structure, with uncapped and residual commissions received on a pound-for-pound basis.
Account Executive employer: Alignd
Join a pioneering cyber-only insurance broker that is redefining the industry and poised for significant growth. With a dynamic work culture that values ambition and resilience, employees are empowered to build their own business within a supportive environment, backed by seasoned professionals and cutting-edge technology. This role offers uncapped commission potential and clear pathways for personal and professional development as the company aims for an IPO in 2028.
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive
✨Tip Number 1
Research the company thoroughly before your interview. Understand their mission, values, and the unique position they hold in the cyber insurance market. This will not only help you tailor your responses but also demonstrate your genuine interest in being part of their journey.
✨Tip Number 2
Network with professionals in the cyber insurance industry. Attend relevant events or webinars to connect with potential colleagues or mentors. Building relationships can provide you with insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your approach to business development and account management. Think of specific strategies you would use to engage C-suite decision makers and how you would build your own book of business within their framework.
✨Tip Number 4
Showcase your ambition and resilience during the interview. Share examples from your past experiences where you've demonstrated these qualities, as they are crucial for thriving in a start-up environment aiming for rapid growth.
We think you need these skills to ace Account Executive
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities of an Account Executive. Familiarise yourself with business development and account management concepts, especially in the context of the insurance industry.
Tailor Your CV:Highlight relevant skills and experiences that align with the job description. Emphasise your ability to engage with C-suite decision makers and any previous experience in sales or account management, even if it's not directly related to insurance.
Craft a Compelling Cover Letter:Use your cover letter to express your ambition and resilience. Share specific examples of how you've demonstrated these qualities in past roles. Make sure to convey your excitement about the company's mission and growth potential.
Showcase Your Self-Starter Attitude:In your application, provide examples of times when you've taken initiative or led projects. This will demonstrate your self-starter mentality, which is crucial for this role as they are looking for someone who can grow their own book of business.
How to prepare for a job interview at Alignd
✨Show Your Ambition
This role is all about self-starters with big ambitions. Be sure to express your drive and how you plan to contribute to the company's growth. Share examples of past achievements that demonstrate your ambition and resilience.
✨Understand the Cyber Insurance Market
Familiarise yourself with the cyber insurance landscape and the unique challenges it faces. Being knowledgeable about current trends and risks will show your potential employer that you're serious about the role and ready to engage with C-suite decision makers.
✨Demonstrate Business Development Skills
Since this position involves building your own book of business, highlight any previous experience in sales or account management. Discuss strategies you've used to source leads and engage clients, showcasing your ability to drive revenue.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's vision, growth plans, and the support you'll receive. This not only shows your interest but also helps you gauge if the company aligns with your career goals and values.
