Account Executive

Locations: Berkshire, England, United Kingdom

Time type: Full time

Posted on: Posted Yesterday

Job requisition id: R26_0000001467

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.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world's largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions.

We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater 'WE'—never 'me.' While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.