At a Glance
- Tasks: Manage client accounts and develop new business in commercial insurance.
- Company: Join a leading insurance brokerage with a strong reputation and growth.
- Benefits: Competitive salary, hybrid working, generous holidays, and pension scheme.
- Other info: Exciting career growth opportunities in a supportive environment.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: Experience in commercial insurance and strong customer service skills.
The predicted salary is between 36000 - 60000 £ per year.
Astute Insurance Solutions has an established reputation for providing bespoke insurance solutions to a variety of commercial clients, ranging from SMEs to corporates. Established in 2009, we are proudly part of the wider JMG Group, a top 30 UK broker with a strong presence across the UK who are experiencing rapid growth and continued success in the market.
Due to further exciting growth, we have a brand-new opportunity for an experienced Account Executive to join our thriving and friendly Northampton based Commercial team. The successful Account Executive will be responsible for managing a small book of commercial business for existing clients and will be tasked with growing and developing a strong pipeline of new business in relation to various lines of Commercial Insurance, whilst ensuring full FCA compliance. The overall purpose of the role will be to ensure a high-quality service is provided to all clients in accordance with their needs and requirements whilst also growing revenue for the business.
Key areas of responsibility include:
- To retain existing clients through active client management
- To build clients' confidence in Astute through demonstrating knowledge and delivery of service
- To identify and contact potential clients, converting to new business
- To communicate the firm's proposition to clients effectively
- To generate referrals and make introductions for the client to other areas of the firm's operations
- To follow Astute processes and policies
- To work within FCA rules and guidance as interpreted by the firm's compliance policies and processes
- To proactively create, manage and follow through prospects to create a pipeline of prospective new clients
- To collect fees and premiums in accordance with the firm's processes
- To build good working relationships with your immediate team and all other stakeholders and effectively network with suppliers and clients
- To achieve assigned sales targets
What we're looking for:
- Previous experience as a Senior Commercial Account Handler / New Business Executive, ideally with 5 years industry exposure
- Strong understanding of commercial insurance products
- Experience of working to high standards of FCA compliance
- Consistent record of target achievement and business growth
- I.T. skills including use of an insurance IT system, ideally Acturis or OpenGI
- Strong organisation skills
- The ability to work to a high level of accuracy
- Exemplary customer service skills with the ability to build solid relationships with clients and insurers
- Regulatory and compliance awareness
- Willingness to work towards Cert CII or already hold qualifications
- Full UK Driving licence and willingness to be attending client visits regularly
What we offer:
- Competitive salary commensurate with level of experience
- Hybrid working environment following successful settling in period
- Company Pension scheme
- Generous holiday entitlement
- Life Assurance
- Many more
Astute Insurance Solutions is a Commercial Insurance brokerage based in Northampton. Our team services and advises clients in a broad range of sectors including Professional/Property/Construction/Manufacturing/Logistics. We have a reputation for providing bespoke insurance solutions helping a wide variety of commercial clients from larger SMEs to Corporates. Astute Insurance are proud to be part of JMG Group and our longstanding success can be attributed to our client-focused approach and quality of service.
JMG Group places over £380m of Gross Written Premium into the market and our teams are very well respected in the industry. Customer excellence and doing the right thing is the backbone to our business ethos, which means that our talented people, high-tech systems, and robust processes are all central to our continued success.
Commercial Account Executive in Milton Keynes employer: Astute Insurance Solutions Limited
Contact Detail:
Astute Insurance Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive in Milton Keynes
✨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 to potential clients or colleagues on LinkedIn. The more connections we make, the better our chances of landing that dream job!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with someone from Astute or any other company, make sure to highlight your knowledge of commercial insurance products and FCA compliance. We want to see how you can add value to our team, so let’s hear about your past successes!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows that you’re genuinely interested in the role and gives us a chance to remember you positively. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the Commercial Account Executive position.
✨Tip Number 4
Apply through our website! We love seeing applications come directly from our site. It shows initiative and makes it easier for us to track your application. Plus, you’ll get all the latest updates on our roles and company news right from the source!
We think you need these skills to ace Commercial Account Executive in Milton Keynes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Account Executive role. Highlight your experience in managing commercial business and your understanding of insurance products. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Astute Insurance Solutions. Share specific examples of how you've achieved targets and built client relationships in the past.
Showcase Your Compliance Knowledge: Since FCA compliance is key in this role, make sure to mention your experience with regulatory standards. We’re looking for someone who understands the importance of compliance in delivering high-quality service to clients.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar quickly. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at Astute Insurance Solutions Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance products. Understand the key lines of business that Astute Insurance Solutions deals with, and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Client Management Skills
Prepare examples from your past roles where you've successfully managed client relationships. Highlight how you've retained clients and grown business, as this is crucial for the Account Executive role.
✨Demonstrate FCA Compliance Awareness
Familiarise yourself with FCA regulations and how they apply to the insurance industry. Be prepared to discuss how you’ve ensured compliance in your previous roles, as this will show you understand the importance of regulatory standards.
✨Build Rapport During the Interview
Remember, interviews are a two-way street! Engage with your interviewers, ask questions about the team and company culture, and show your enthusiasm for the role. Building a connection can make a lasting impression.