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- Tasks: Sell and renew insurance contracts while managing client relationships.
- Company: Join a progressive team in Lutterworth with a focus on growth.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Why this job: Kickstart your career in insurance with opportunities for progression based on merit.
- Qualifications: 2 years of insurance experience and strong customer service skills required.
- Other info: Flexible benefits and share save scheme available.
The predicted salary is between 30000 - 40000 £ per year.
We are currently looking for a Commercial Account Executive to join the exciting and progressive team in Lutterworth. The Commercial Account Executive is an important sales and advisory position and your role will primarily involve selling/offering and renewing contracts of insurance, either stand alone or as part of a portfolio, to clients within a specific company division. As the Executive you will manage an existing book of business but will also be expected to assist with new enquiries to expand the Company's client base and assist with achievement of the company's new business targets. This is a superb opportunity for someone looking for a long term career and progression based on meritocracy. You will need to deliver effective, quality advice and efficient customer service combined with a commitment to own professional development.
The day to day:
- Deal with nominated new & existing business insurance enquiries in a proactive manner.
- Administration of clients insurance requirements on a daily basis in relation to renewals, midterm adjustments and new business enquiries, obtaining quotations and accounting procedures.
- Review the demands and needs of assigned customers and advise on the most appropriate insurances to meet their demands and needs.
- Produce high quality Broking submission reports and broke risks to the Insurance market demonstrating effective negotiation skills.
- Ensure high quality client documentation is produced and provided to clients.
- Liaise with insurers and other third parties regarding client's insurance needs building effective business relationships.
- Provide technical support to colleagues on request.
- Maintain effective working relationships with colleagues assisting in achievement of overall company objectives.
- Adhere to FCA regulations and requirements.
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 2 years general insurance experience either broking or underwriting.
- Ability to handle new business enquiries, renewals and mid term adjustments of insurance policies.
- Good customer service and negotiation skills.
- Effective planning, administration and organisational skills.
- Ability to work calmly under pressure.
- Excellent oral and written communication skills with the ability to professionally represent the Company.
- Ability to build successful, mutually beneficial business relationships with all stakeholders, i.e. prospects / clients / insurers / colleagues.
- Acturis insurance broking software knowledge is an advantage.
Commercial Account Executive in Lutterworth employer: Brown & Brown (Europe)
Contact Detail:
Brown & Brown (Europe) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive in Lutterworth
✨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 chat with potential employers or during interviews, make sure you can clearly explain how your experience aligns with their needs. Tailor your message to show how you can help them achieve their goals.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Commercial Account Executive position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications that way!
We think you need these skills to ace Commercial Account Executive in Lutterworth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Account Executive role. Highlight your insurance experience 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 makes you a perfect fit. We love seeing enthusiasm and a personal touch!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Whether it’s hitting sales targets or improving customer satisfaction, we want to know how you've made an impact in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Brown & Brown (Europe)
✨Know Your Insurance Stuff
Make sure you brush up on your insurance knowledge, especially around broking and underwriting. Be ready to discuss your experience with new business enquiries and renewals, as this will show you understand the role and can hit the ground running.
✨Showcase Your Negotiation Skills
Prepare examples of how you've successfully negotiated contracts or resolved client issues in the past. This is key for a Commercial Account Executive, so having specific stories ready will help you stand out.
✨Demonstrate Customer Service Excellence
Think about times when you've gone above and beyond for a client. Highlighting your commitment to quality customer service will resonate well, as this role requires building strong relationships with clients and insurers alike.
✨Be Organised and Proactive
Since the role involves managing existing accounts and handling new enquiries, show that you can juggle multiple tasks effectively. Bring up any tools or methods you use to stay organised, and be prepared to discuss how you prioritise your workload.