At a Glance
- Tasks: Generate and maintain income through client visits and tailored insurance solutions.
- Company: Dynamic insurance firm with a focus on meritocracy and customer satisfaction.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Opportunities for career growth and a diverse workplace culture.
- Why this job: Join a supportive team and make a real impact in the insurance industry.
- Qualifications: Experience in UK commercial insurance and strong communication skills.
The predicted salary is between 30000 - 40000 £ per year.
We are currently looking for an experienced Commercial Insurance Account Executive to join the professional and welcoming team based out of the Leicester / Birmingham office. We have a depth of experience enabling the provision of independent advice and specialist expertise in various trade sectors. The objective being to provide unbiased and informed choices, fantastic customer service and market buying power that delivers the right insurance protection.
The purpose of this role is to generate & maintain income in line with agreed personal targets. This includes client visits where appropriate, understanding the prospects business risks and their approach to insurance and designing the most cost effective insurance programme to meet their requirements. You will service designated clients and understand their business risks and approach to insurance. Provide quality advice to clients and attend client meetings as and when requested. Maintain and increase income from existing clients and develop new opportunities in accordance with agreed targets.
This is a good long term opportunity that will suit an experienced Executive with good cross class commercial insurance knowledge that is looking for the next step or to take on wider responsibilities.
The day to day:
- Visits to prospects to obtain relevant information to enable quotations to be obtained.
- Negotiate/broke business with insurers with a view to arranging appropriate cover at a competitive premium.
- Follow-up visits to prospects to report back on our findings with a view to obtaining prospect’s agreement to appointing Berkeley Insurance Group.
- Understand prospect’s situation, opportunities and threats and design appropriate solutions.
- Produce New Business from own sources and through referrals and pro-active sales activity.
- Make recommendations for insurance based on information gathered from prospect.
- Service designated existing clients of Berkeley Insurance Group, ensuring that they are retained and the company’s income is maintained/developed, including client visits, passing files/instructions to appropriate staff.
- Take instructions relating to the provision of insurance cover from clients and pass to Account Handler where allocated.
- Give instructions to insurers when necessary.
- Recommend improvements to insurance programme and highlight any gaps in cover, ensuring that quotations are obtained for any new policies.
- Maintain effective credit control in respect of allocated clients.
- Liaise with Claims Handlers.
- Work closely with Account Handlers to provide highest standards of service to prospects and existing clients.
- Deal with any other client issues that may arise, referring to the appropriate person when the enquiry falls outside your own knowledge and experience.
- Be aware of market conditions and the strengths and weaknesses of competitors.
- Be conversant with Company Procedures manual and the requirements of the FCA Rules and to implement and maintain procedures as stipulated.
- Carry out all duties and processes in accordance with the Rules of the FCA and any other applicable Codes of Practice.
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:
- A thorough knowledge of UK commercial insurance broking, market practice and technical matters.
- Strong team player, who will work closely with immediate team and other colleagues and stakeholders.
- Sophisticated negotiating and influencing skills.
- Outstanding communication and presentation skills.
- Behaviour that inspires the trust and respect of team mates and key stakeholders.
- Committed to continuous improvement and to adopting new working practices to raise standards of quality and efficiency.
- Self-motivated and driven.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Corporate Account Executive in Leicester employer: Brown & Brown, Inc.
At Berkeley Insurance Group, we pride ourselves on fostering a meritocratic culture that rewards initiative and dedication. Located in Leicester, our professional team offers a supportive environment where you can thrive, with access to comprehensive benefits, flexible working options, and robust opportunities for professional development. Join us to make a meaningful impact while enjoying a rewarding career in commercial insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Account Executive in Leicester
✨Tip Number 1
Get to know the company inside out! Research their values, culture, and recent news. This way, when you walk into that interview, you can show them you’re not just another candidate but someone who genuinely cares about what they do.
✨Tip Number 2
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. Building connections can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Practice your pitch! Be ready to talk about your experience and how it aligns with the role of Corporate Account Executive. Use specific examples to demonstrate your skills in negotiation and client management.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the position. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace Corporate Account Executive in Leicester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Corporate Account Executive role. Highlight your experience in commercial insurance and any relevant achievements that showcase your skills. 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 aligns with our company culture. We love self-starters, so let that enthusiasm show!
Showcase Your Communication Skills:As a Corporate Account Executive, strong communication is key. In your application, demonstrate your ability to convey complex information clearly and effectively. We’re looking for someone who can build relationships with clients effortlessly!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Brown & Brown, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of UK commercial insurance. Understand the market practices and technical matters that are relevant to the role. This will not only help you answer questions confidently but also show that you're genuinely interested in the position.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully handled. Think about how you can demonstrate your sophisticated negotiating and influencing skills during the interview. This is crucial for a Corporate Account Executive, so be ready to discuss specific scenarios.
✨Understand the Company Culture
Research the company’s culture and values. Since they reward self-starters and those committed to customer service, think of ways to illustrate how you embody these traits. Share stories that highlight your proactive approach and dedication to client satisfaction.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of the interview. This could include inquiries about their approach to client relationships or how they measure success in this role. It shows that you're engaged and serious about contributing to their team.