At a Glance
- Tasks: Drive business growth by building strong relationships and generating new opportunities.
- Company: Join AXA, a global leader in insurance and financial services.
- Benefits: Flexible work arrangements, competitive salary, and career development opportunities.
- Why this job: Make a real impact in the commercial insurance market while working with a supportive team.
- Qualifications: Experience in business development and strong networking skills required.
- Other info: Enjoy a dynamic work environment with a focus on equal opportunities.
The predicted salary is between 40000 - 50000 £ per year.
About AXA: AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence. AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive.
Job overview: You'll take full ownership for generating profitable business across the South Coast from AXA Commercial’s Southampton office. You’ll use your expertise to build, manage and maintain strong relationships with all internal and external stakeholders, including all key customers and networks to deliver strategy and increase opportunities for the business.
Key responsibilities:
- Proactively develop strong relationships with a designated panel of brokers, taking full ownership for the generation and retention of profitable business.
- Build, manage and maintain strong relationships with all internal and external stakeholders.
- Develop a robust pipeline of new business opportunities and ensure a long-term pipeline and broker engagement.
- Communicate the nature of the brokers’ business, the marketplace and the potential of the relationship.
- Plan, forecast and set the operational targets to achieve the strategic development plan.
- Identify new deals and markets, assess feasibility and project manage the implementation.
- Effectively promote and deploy AXA’s strategy, product range, propositions and key differentiators to leverage commercial opportunities.
- Undertake profit reviews to identify areas for improvement and lead conversations with brokers to agree actions to optimise profitability.
Work arrangements: At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending the office, visiting clients or attending industry events.
Your skills & experience:
- Business development experience within the Southampton commercial insurance market.
- Good understanding of underwriting and risk management principles.
- Established networking and relationship building skills.
- Strong product knowledge.
- Mid-market knowledge and generation experience.
- Excellent communication and interpersonal skills.
- Ability to develop reciprocal relationships with intermediaries.
- Awareness of profitability of business within the intermediary channel.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom. This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.
Equal opportunities: We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge.
Business Development - Professional in Southampton employer: AXA Group
Contact Detail:
AXA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development - Professional in Southampton
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors you didn’t even know existed.
✨Tip Number 2
Be proactive in your approach. Don’t just wait for job openings to pop up; reach out to companies you admire, like AXA, and express your interest. A well-timed email or call can make a huge difference and show your enthusiasm.
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand their products and services inside out, especially in the commercial insurance space. This will help you tailor your responses and demonstrate that you’re the perfect fit for their team.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can leave a lasting impression and keep you top of mind. Plus, it shows your professionalism and genuine interest in the role.
We think you need these skills to ace Business Development - Professional in Southampton
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development role at AXA. Highlight your experience in the Southampton commercial insurance market and any relevant skills that match the job description. 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 passionate about this role and how your background aligns with AXA's mission. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Your Networking Skills: Since building relationships is key in this role, make sure to mention any relevant networking experiences. Whether it's brokers or stakeholders, we want to know how you've successfully managed those connections in the past.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at AXA Group
✨Know Your Stuff
Make sure you brush up on your knowledge of the commercial insurance market, especially in Southampton. Understand AXA's products and how they stand out from competitors. This will show that you're genuinely interested and prepared.
✨Build Rapport
During the interview, focus on building a connection with your interviewers. Use your established networking skills to engage them in conversation. Ask insightful questions about their experiences at AXA and share relevant anecdotes from your own background.
✨Showcase Your Strategy Skills
Be ready to discuss how you would develop a robust pipeline of new business opportunities. Prepare examples of past successes where you've identified new deals or markets and how you managed those projects to fruition.
✨Communicate Clearly
Strong communication is key in this role. Practice articulating your thoughts clearly and concisely. Be prepared to explain complex concepts in simple terms, especially when discussing underwriting and risk management principles.