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For Companies At a Glance
- Tasks: Drive sales and market products while building strong client relationships.
- Company: Dynamic insurance firm focused on innovation and client satisfaction.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Why this job: Join a vibrant team and make a real impact in the insurance industry.
- Qualifications: Strong communication skills and a passion for sales.
- Other info: Fast-paced environment with plenty of room for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
As part of the New Business Team, the role will require you to make sales and market products through non-scheme and open market resources. You will be required to maintain a thorough understanding of products, process sales and meet sales targets.
Job Responsibilities:
- Gather information from your clients, assessing their Commercial Insurance needs and risk profile.
- Research insurance companies’ policies and negotiate with underwriters to find the most suitable insurance for clients at the best price.
- Ensure that clients understand the terms and the extent of the cover provided in line with industry regulations.
- Arrange specialised types of insurance cover in complex cases. This may involve preparing reports for insurance underwriters and negotiating with insurers.
- Build and maintain ongoing relationships with your clients.
- Acquire new clients against competitors.
- Keep detailed records and complete administrative tasks such as paperwork and correspondence.
- Develop relationships with stakeholders and customers.
- Keep up with changes in the insurance market and in your clients’ industries.
- Collect insurance premiums and process accounts.
- Assist with the renewals of larger key accounts and amendments to policies.
Commercial Sales Executive in London employer: Allen Insurance Insurance Recruitment
Contact Detail:
Allen Insurance Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Sales Executive 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. Building relationships can lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Practice your pitch! You’ll need to sell yourself just like you would sell a product. Prepare a short, engaging summary of your skills and experiences that highlights how you can meet clients' needs. Make it memorable!
✨Tip Number 3
Research is key! Know the companies you’re applying to inside out. Understand their products, market position, and recent news. This will help you tailor your conversations and show that you’re genuinely interested in what they do.
✨Tip Number 4
Don’t forget to follow up! After interviews or networking events, send a quick thank-you email. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate your interest in the role!
We think you need these skills to ace Commercial Sales Executive in London
Some tips for your application 🫡
Know Your Stuff: Before you start writing, make sure you understand the role of a Commercial Sales Executive. Familiarise yourself with the insurance market and the specific products we offer. This will help you tailor your application to show how you can meet our needs.
Show Off Your Skills: Highlight your sales experience and any relevant skills in your application. We want to see how you've successfully gathered client information, negotiated with underwriters, and built relationships. Use specific examples to demonstrate your abilities!
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon unless it's industry-specific and relevant. We appreciate straightforward communication, so make sure your passion for the role shines through without unnecessary fluff.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at Allen Insurance Insurance Recruitment
✨Know Your Products Inside Out
Make sure you have a solid understanding of the insurance products you'll be selling. Research the different policies and their benefits, so you can confidently discuss them during the interview. This will show your potential employer that you're serious about the role and ready to hit the ground running.
✨Demonstrate Your Negotiation Skills
Since negotiating with underwriters is a key part of the job, prepare examples of past experiences where you've successfully negotiated terms or prices. Be ready to discuss your approach and how you achieved favourable outcomes for clients. This will highlight your ability to advocate for clients effectively.
✨Showcase Your Relationship-Building Abilities
Building and maintaining relationships is crucial in sales. Think of specific instances where you've developed strong client relationships or worked collaboratively with stakeholders. Share these stories to illustrate your interpersonal skills and how they can benefit the company.
✨Stay Updated on Market Trends
Familiarise yourself with current trends in the insurance market and any recent changes that could impact clients. Being knowledgeable about the industry will not only impress your interviewers but also demonstrate your commitment to staying informed and providing the best service possible.
