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- Tasks: Build strong customer relationships and provide tailored insurance solutions.
- Company: Join Bionic, the UK's top business comparison service with a vibrant culture.
- Benefits: Competitive salary, CII qualification support, enhanced leave, and wellness programmes.
- Why this job: Elevate your career in a fast-paced environment with excellent progression opportunities.
- Qualifications: Experience in insurance sales and relationship building is essential.
- Other info: Enjoy company celebrations, awards, and a supportive team atmosphere.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Elevate Your Insurance Career at Bionic! One of our fastest growing departments within Bionic - offering outstanding progression, commission scheme and your Bionic funded CII qualification!
OTE: up to ÂŁ47,000
The Bionic Group
We are Bionic, the UK's number one business comparison and switching service. It's our mission to make it radically easier to run a small business and earn the lifetime loyalty of British businesses. To do this, we combine world-class human service with smart technology and data. This means our tech-enabled experts can quickly match business owners with the best deals on their business essentials â energy, connectivity, insurance, and finance.
We also partner with leading price comparison websites, including Compare the Market, MoneySuperMarket, Uswitch for Business, and Confused.com, who trust us to provide their business energy switching services.
Join Us as a Commercial Insurance Broker!
We are currently seeking 2 friendly and driven Commercial Insurance Brokers to join our fast-paced insurance sales department. In this role, you will be responsible for understanding our customers' commercial insurance needs and building strong relationships with them. You'll have the opportunity to work with warm, inbound leads from multiple sources and provide tailored insurance solutions to meet their specific requirements.
Responsibilities
- Building and maintaining strong relationships with customers, keeping them at the centre of our processes and interactions
- Understanding customers' insurance needs and providing the right level of protection to meet those needs
- Complying with regulatory requirements, including Data Protection and FCA guidance, and adhering to our governance and control framework
- Developing and maintaining relationships with Insurers and Managing General Agents (MGAs)
- Negotiating policy terms and premiums with Insurers and MGAs
- Identifying opportunities to crossâsell other Bionic services to existing customers
- Converting new customers from lead to quote to policy within defined conversion metrics
- Ensuring high renewal rates by effectively managing existing customer relationships
- Efficiently managing your diary, scheduling and attending meetings, and maintaining accurate records in our systems
- Handling customer queries and processing MidâTerm Adjustments (MTAs) to existing policies efficiently and within agreed timeframes
- Managing your inbox proactively, responding promptly to customer and insurer queries, and escalating any concerns to your Team Leader or the Technical team where appropriate
Qualifications
- Proven track record in building and maintaining relationships with Insurers, with the ability to negotiate policy terms and costs
- Demonstrated sales ability in securing new business deals of all sizes, with excellent conversion rates
- Exceptional written and oral communication skills
- Excellent time management and problemâsolving abilities
- Experience of working in a highly regulated insurance industry is essential
- Progress towards relevant qualifications such as CII is preferred
Benefits
- Upon passing probation, you'll gain full support for your CII studies, including access to our comprehensive apprenticeship programme designed to help you progress, develop your industry knowledge, and build your insurance expertise.
- Enhanced Health & Wellbeing Employee Assistance Programme, including a virtual GP service, priority physio & talking therapies
- 25 days annual leave, increasing with tenure
- 1 paid family & religious day of leave per year â following successful probation period
- 1 paid charity volunteering day per year
- Option to buy/sell up to an additional 3 days leave per year
- Enhanced maternity, paternity or shared parental leave
- 2 days off for your wedding upon joining, and up to 5 days after 2 years' service
- Autoâenrolled salary sacrifice pension scheme
- Life assurance
- Season ticket loans, salary advances & loans to buy/rent a home â based on tenure
- Cycle to work scheme
- Highflyers incentive â a VIP experience for our high performers across Bionic to celebrate success
- Company summer & Christmas party celebrations, business and local zonely & annual awards and recognition
- Long service awards
Seniority Level: Associate
Employment Type: Fullâtime
Job Function & Industries: Technology, Information and Internet
Commercial Insurance Broker in London employer: Bionic
Contact Detail:
Bionic Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Commercial Insurance Broker in London
â¨Tip Number 1
Get to know the company inside out! Research Bionic's mission, values, and services. This way, when you chat with us, you can show how your skills as a Commercial Insurance Broker align perfectly with what we do.
â¨Tip Number 2
Practice your pitch! Be ready to explain how you can build strong relationships with customers and negotiate effectively. We love seeing candidates who can communicate their value clearly and confidently.
â¨Tip Number 3
Network like a pro! Connect with current employees on LinkedIn or attend industry events. This not only helps you learn more about the role but also shows us you're genuinely interested in joining our team.
â¨Tip Number 4
Apply through our website! Itâs the best way to ensure your application gets noticed. Plus, it gives you a chance to showcase your enthusiasm for working with us at Bionic right from the start.
We think you need these skills to ace Commercial Insurance Broker in London
Some tips for your application đŤĄ
Tailor Your Application: Make sure to customise your CV and cover letter for the Commercial Insurance Broker role. Highlight your experience in building relationships and negotiating terms, as these are key skills weâre looking for!
Show Off Your Communication Skills: Since exceptional written and oral communication is a must, use your application to demonstrate this. Keep it clear, concise, and engaging â we want to see your personality shine through!
Highlight Relevant Experience: If youâve got a background in the insurance industry or sales, make it front and centre. We love seeing how your past experiences can contribute to our mission at Bionic.
Apply Through Our Website: We encourage you to apply directly through our website. Itâs the best way to ensure your application gets into the right hands and shows us youâre serious about joining our team!
How to prepare for a job interview at Bionic
â¨Know Your Stuff
Make sure you understand the ins and outs of commercial insurance. Brush up on key terms, regulations, and the specific needs of businesses. This will not only help you answer questions confidently but also show your genuine interest in the role.
â¨Build Rapport
Since this role is all about building relationships, practice your interpersonal skills. Be friendly, approachable, and ready to engage with your interviewers. Think of it as a conversation rather than a formal Q&A session.
â¨Showcase Your Sales Skills
Prepare examples of how you've successfully secured new business deals in the past. Highlight your negotiation tactics and how youâve built strong relationships with clients or insurers. This will demonstrate your ability to thrive in a sales-driven environment.
â¨Ask Smart Questions
At the end of the interview, have a few insightful questions ready. Ask about the team dynamics, the company culture, or how success is measured in the role. This shows that you're not just interested in the job, but also in how you can contribute to the company's goals.