Commercial Insurance Executive
Salary: £40,000 - £60,000 DOE
Location: Woodford, office based
The Opportunity
We’re working with an established and growing specialist insurance brokerage that is looking to add an experienced Commercial Insurance Executive to its team.This is an exciting opportunity for someone with a background in commercial insurance who enjoys working closely with clients, building relationships and finding solutions for a variety of risks.
The successful candidate will take ownership of an existing portfolio while also having the opportunity to identify new business opportunities and contribute to the continued growth of the brokerage.
This role would suit someone who is commercially minded, confident dealing with clients and insurers, and enjoys a role where no two days are necessarily the same.
What will you be doing?
- Managing a portfolio of commercial insurance clients.
- Handling renewals, quotations, mid-term adjustments and day-to-day client enquiries.
- Sourcing and negotiating appropriate insurance cover across a range of commercial risks.
- Working with insurers and underwriters to obtain competitive terms and find solutions for more complex or difficult-to-place risks.
- Building and maintaining strong relationships with clients, insurers and other professional contacts.
- Identifying opportunities to develop existing accounts and generate new business.
- Providing a high level of service throughout the client lifecycle.
- Maintaining accurate records and ensuring documentation and compliance requirements are met.
- Working collaboratively with colleagues to share knowledge, solve problems and support the wider business.
What are we looking for?
We’re looking for someone who combines commercial insurance knowledge with a proactive, personable approach.
Ideally, you will have:
- Previous experience within commercial insurance.
- Good knowledge of commercial insurance products, markets and underwriting considerations.
- Experience managing client accounts from quotation through to renewal.
- Confidence communicating with clients, insurers and underwriters.
- A commercially minded approach with an interest in developing accounts and identifying opportunities.
- Strong organisation skills and the ability to manage multiple priorities.
- A proactive attitude and willingness to take ownership.
- Good attention to detail and an understanding of regulatory and compliance requirements..
- CII qualifications or progress towards them would be advantageous.
- Experience dealing with specialist, complex or hard-to-place risks would also be beneficial.
Please note that experience using Acturis is essential.
Most importantly, we’re looking for someone who is ambitious, personable and motivated to build a successful career within commercial insurance.
If you’re looking for a role where you can take ownership, develop your skills and make a real contribution rather than simply processing renewals, this could be a great opportunity!
Commercial Insurance Executive in Woodford Green employer: BramahHR Ltd Careers
Join a leading organisation in central Bracknell that values its employees and offers a fantastic salary and benefits package, including a competitive pension scheme and additional overtime pay. With a strong focus on employee growth and a dynamic work culture, this role as a Maintenance Site Technician provides the opportunity to engage in varied, hands-on tasks while being part of a supportive team dedicated to maintaining a safe and efficient environment. Experience a stable, permanent position where your contributions are recognised and appreciated.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Executive in Woodford Green
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like BramahHR Ltd Careers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like BramahHR Ltd Careers. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at BramahHR Ltd Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at BramahHR Ltd Careers. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at BramahHR Ltd Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at BramahHR Ltd Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at BramahHR Ltd Careers, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding BramahHR Ltd Careers's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
