At a Glance
- Tasks: Drive new business and manage client relationships in a dynamic insurance environment.
- Company: Join a meritocratic company that values self-starters and customer commitment.
- Benefits: Negotiable salary, bonuses, flexible benefits, and professional development support.
- Other info: Diverse team culture with excellent career growth opportunities.
- Why this job: Be part of a leading team and make a real impact in the insurance industry.
- Qualifications: 3+ years in commercial insurance with strong client management skills.
The predicted salary is between 40000 - 50000 £ 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.
Location: Newbury
Salary: Negotiable + Bonus + Car Allowance
Overview:
We are currently looking for an experienced Commercial Insurance Account Executive to join our professional and welcoming team at our Newbury office. This role requires a 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 client's 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 and from any new business.
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 visits 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 work with AH to 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 and pass to AH for processing.
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 3+ years commercial insurance experience 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.
Account Executive in Newbury employer: Bridge Specialty Group
As a Broking Manager at our East Grinstead and Brighton offices, you will thrive in a meritocratic culture that champions self-starters and prioritises customer satisfaction. We offer a dynamic work environment with ample opportunities for professional growth, competitive remuneration, and the chance to build strategic relationships with key insurers, all while being part of a diverse and inclusive team dedicated to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive in Newbury
✨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 on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you get the chance to meet potential employers or clients, make sure you can confidently explain your experience and how it aligns with their needs. A strong personal brand can set you apart from the competition.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s also a great opportunity to reiterate why you’re the perfect fit for their team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Account Executive in Newbury
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Account Executive role. Highlight your experience in commercial insurance and any relevant achievements that showcase your ability to meet targets and manage client relationships.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the job description and show us your passion for providing excellent client service.
Showcase Your Skills:Don’t forget to highlight your skills in relationship management and risk assessment. We want to see how you can contribute to our market-leading client service model, so be sure to include examples of how you've successfully managed client accounts in the past.
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 ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Bridge Specialty Group
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance products and the specific needs of clients. Understanding the nuances of risk management and how it applies to different business sectors will show that you're not just a candidate, but a potential asset to their team.
✨Showcase Your Relationship Skills
Since relationship management is key for this role, prepare examples of how you've successfully built and maintained client relationships in the past. Be ready to discuss your approach to customer service and how you handle difficult situations with clients.
✨Prepare for Real Scenarios
Think about potential scenarios you might face in the role, such as handling a complex renewal or presenting a new business proposal. Practising these scenarios can help you articulate your thought process and demonstrate your problem-solving skills during the interview.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the company’s culture and future goals. Asking about their market-leading client service model or how they support professional development can highlight your enthusiasm and commitment to contributing to their success.
