At a Glance
- Tasks: Drive new business and manage client relationships in a dynamic insurance environment.
- Company: A meritocratic company that values self-starters and customer commitment.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Diverse workplace with opportunities for personal and professional growth.
- Why this job: Join a supportive team and grow your career in commercial insurance.
- Qualifications: 5+ years in commercial insurance and strong relationship management skills.
The predicted salary is between 36000 - 44000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Title: Commercial Account Executive
Location: Devizes
Overview
We are currently looking for a Commercial Account Executive to join the welcoming and experienced team in the Devizes office.
This role requires good understanding of client business operations, opportunities, risks and their approach to risk management and insurance.
In addition you will need proven experience in the offer and presentation of complex commercial insurances to secure renewal or new business elements to a clients programme.
Relationship management and client service techniques are key to this role.
Annual targets revolve around maintaining and achieving income growth on the account via the expansion of your client portfolio's and from any new business.
Experience of broking from within a variety of business sectors are welcomed and in return you will receive a career with opportunities, autonomy, stability and good financial rewards.
The day to day
- Achieve new business & renewal targets
- Engage with marketing strategy and promptly act on leads.
- Develop introducer relationships
- Generate own leads and effectively manage new business pipeline
- Generate cross selling leads for other departments according to target.
- Manage ongoing relationships with existing clients ensuring high levels of customer service are provided.
- Look to expand account by identifying additional sales opportunities with existing clients
- Attend client visit and complete relevant fact-finding documents in respect of new business.
- Renewal business, review last year’s documentation or client register (where applicable) along with current fact-find documentation with the client, updating facts, figures and requirements.
- Review demands and needs of clients and advise on the most appropriate insurances to meet these.
- Prepare broking notes for new business cases and update renewal notes
- Agree broking strategy with broking support and assist in the process where needed.
- Review the broking exercise and complete final negotiations with underwriters when needed.
- Produce closing instruction in line with company procedures.
What’s on offer
- A negotiable basic salary + all the normal benefits (25 days holiday + Bank Holidays, Pension, Death in Service etc.)
- Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares (post probation).
- Full support for your professional development (including fully funded qualifications)
Your Experience
- Requirement of at least 5+ years commercial insurance experience either in broking
- Ability to handle new business enquiries, renewals and midterm adjustments of various insurance policies
- Good understanding of commercial insurance products and options
- Acturis insurance broking software knowledge is an advantage
- Commitment to progress towards Cert CII
- Possession of a full driving licence
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Commercial Account Executive in Devizes employer: Bridge Specialty Group
As a Delegated Authority Technician in our London office, you will thrive in a meritocratic environment that champions self-starters and prioritises customer satisfaction. Our supportive work culture fosters collaboration and offers ample opportunities for professional growth, ensuring you can develop your skills while contributing to the effective management of underwriting agreements. With competitive benefits and a commitment to diversity, we provide a rewarding workplace where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Account Executive in Devizes
✨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 Bridge Specialty Group). 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 Bridge Specialty Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Account Executive in Devizes
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 Bridge Specialty Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Bridge Specialty Group. 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 Bridge Specialty Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Bridge Specialty Group 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 Bridge Specialty Group, 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 Bridge Specialty Group'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.
