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For Companies At a Glance
- Tasks: Join a dynamic team to manage and grow a portfolio of clients, ensuring their insurance needs are met.
- Company: Be part of a global leader in broking, known for its supportive culture and career growth opportunities.
- Benefits: Enjoy a warm handover of clients, competitive commission, and the chance to tailor your portfolio.
- Why this job: This role offers a unique chance to build relationships and make a real impact in clients' businesses.
- Qualifications: Ideal candidates are team players with a passion for client service and a knack for negotiation.
- Other info: You'll work with a talented team and inherit a lucrative portfolio without the usual competition.
The predicted salary is between 36000 - 60000 £ per year.
For Account Executives wanting to join the premier league of broking, there can be few better opportunities to ‘up their game’ than with this global! Due to the internal promotion of an incumbent member of the team, the need has arisen to appoint an additional Account Executive to its Maidstone office. Here, you will benefit from a lengthy (and warm!) handover to a longstanding portfolio of clients – without the fear that it will be ‘under attack’ from a departed colleague. The exact make-up of this portfolio can be tweaked to suit your skills, experiences and ambitions, but it is likely to stand at £200,000 in commission and fee income. Clients within this office’s portfolio range from £5,000 right through to £150,000 but it’s fair to say its sweet spot is between £10,000 – £40,000. You are likely to inherit clients from a range of sectors (both blue and white collar), such as manufacturing, property owners, or the professions. Working with a talented team of Brokers and Account Handlers, you will be responsible for building a detailed understanding of your clients’ businesses and exposures to risk. You will scrutinise their programmes to ensure that they are adequate, and where gaps in cover exist, develop ways to mitigate these. You will take the lead on renewals and be responsible for negotiating with insurers to secure the most comprehensive cover at competitive premiums. It is essential that you are a team player who is…
Commercial Account Executive (Inherited Portfolio) employer: Aston Charles Ltd
Contact Detail:
Aston Charles Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive (Inherited Portfolio)
✨Tip Number 1
Familiarize yourself with the specific sectors mentioned in the job description, such as manufacturing and property. Understanding the unique risks and insurance needs of these industries will help you stand out during discussions.
✨Tip Number 2
Network with current or former employees in similar roles to gain insights into the company culture and expectations. This can provide you with valuable information that you can use to tailor your approach when discussing your fit for the role.
✨Tip Number 3
Prepare to discuss your experience with client management and negotiation strategies. Highlighting specific examples where you've successfully managed client portfolios or negotiated favorable terms will demonstrate your capability for this role.
✨Tip Number 4
Showcase your teamwork skills by preparing examples of how you've collaborated with others to achieve common goals. Since this role emphasizes being a team player, demonstrating your ability to work well within a team will be crucial.
We think you need these skills to ace Commercial Account Executive (Inherited Portfolio)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Commercial Account Executive position. Understand the responsibilities, required skills, and the type of clients you will be working with.
Tailor Your CV: Customize your CV to highlight relevant experience in account management, client relations, and risk assessment. Emphasize any previous roles where you successfully managed a portfolio or negotiated with insurers.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific experiences that demonstrate your ability to build client relationships and manage accounts effectively.
Highlight Team Collaboration: Since being a team player is essential for this role, include examples in your application that illustrate your ability to work collaboratively with others, especially in a broker or account handling environment.
How to prepare for a job interview at Aston Charles Ltd
✨Understand the Portfolio
Before the interview, take time to research the types of clients you will be inheriting. Familiarize yourself with the sectors they belong to and think about how your skills can add value to their specific needs.
✨Showcase Your Negotiation Skills
Since you'll be responsible for negotiating with insurers, prepare examples from your past experiences where you've successfully negotiated terms or secured better deals. This will demonstrate your capability in handling renewals effectively.
✨Emphasize Team Collaboration
Highlight your ability to work as part of a team. Share instances where you collaborated with brokers or account handlers to achieve a common goal, as this role requires strong teamwork to manage client portfolios.
✨Prepare Questions About Client Management
Prepare insightful questions regarding client management and the handover process. This shows your proactive approach and genuine interest in understanding how to best serve the inherited portfolio.
