Commercial Development Executive
Commercial Development Executive

Commercial Development Executive

Birmingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Engage with businesses to design tailored insurance solutions and drive new business development.
  • Company: Join a fast-growing, supportive insurance broking team in Halesowen.
  • Benefits: Negotiable salary, bonus, 25 days holiday, pension, and professional development support.
  • Why this job: Make a real impact by helping businesses protect their assets while growing your career.
  • Qualifications: Experience in commercial insurance broking and a passion for new business development.
  • Other info: Enjoy a dynamic work environment with opportunities for long-term growth and success.

The predicted salary is between 36000 - 60000 £ per year.

We are currently looking for a Commercial Development Executive to join the established and welcoming broking team in Halesowen. The Halesowen office is one of the fastest growing retail insurance broker locations with a strong record of providing support and success for all that join them.

In short, your role will be to understand and approach businesses in terms of their insurance requirements and to design and administer insurance solutions for the protection of their material assets and liabilities. Developing and retaining business, you will have access to a wide range of market leading wholesale and in-house underwriters to competitively place various types of commercial insurance. You will need commercial insurance broking experience and new business development skills alongside a desire to grow a book of business.

Support is provided by telemarketing services, dedicated claims handling teams, databases, account handlers, access to leading insurance products and networks. It comes with a generous commission structure. This is a position that provides a good long term platform to service clients and win new business, backed by an international insurance broker presence with market agreements and scale.

The day to day:

  • Deliver against agreed targets and plans.
  • New Business Quotations, Renewals and MTA’s - drive sales and service excellence & retain existing commercial book.
  • Typical classes of insurance broking cover Liabilities, PI Combined, Commercial Combined, Property Owners, Cyber Liability, D&O, Fleets, Motor Trade, plus others.
  • Creating a customer-led culture where sales and customer standards, discipline, activities and best practice are delivered.
  • Ensure you are meeting FCA regulatory requirements.
  • Able to build long standing relationships with insurers and clients.
  • Seeking best policy for the customer whilst protecting the insurer.
  • Prioritise time and attention on high value activities.
  • Select the best course of action based on the available information.

What’s on offer:

  • Negotiable basic salary, bonus plus 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:

  • Relevant commercial insurance broking industry experience.
  • Desire to win new business, handle renewals and MTA’s for a range of insurance risks.
  • Knowledge of company industry types and operating conditions.
  • Ability to develop and maintain client relationships.
  • Excellent interpersonal, written and verbal communication skills.
  • Confident in creating compelling market insurance presentations.
  • Pro-active and self-motivated.
  • Planning and organisation skills to meet deadlines.
  • Attention to detail.
  • Co-operative and supportive team player.

Commercial Development Executive employer: Brown & Brown UK

Join our dynamic team in Halesowen, where we pride ourselves on fostering a supportive and collaborative work environment. As a Commercial Development Executive, you'll benefit from a competitive salary, generous commission structure, and comprehensive professional development opportunities, including fully funded qualifications. With access to leading insurance products and a strong focus on employee growth, we are committed to helping you build a successful career while delivering exceptional service to our clients.
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Contact Detail:

Brown & Brown UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Development Executive

✨Tip Number 1

Network like a pro! Attend industry events, join online forums, and connect with professionals on LinkedIn. The more people you know, the better your chances of landing that Commercial Development Executive role.

✨Tip Number 2

Practice your pitch! Be ready to explain how your experience in commercial insurance broking can help potential employers. Tailor your message to highlight your new business development skills and how you can drive sales.

✨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 as they make their decision.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you succeed, and applying directly can sometimes give you an edge over other candidates.

We think you need these skills to ace Commercial Development Executive

Commercial Insurance Broking Experience
New Business Development Skills
Client Relationship Management
Interpersonal Skills
Written Communication Skills
Verbal Communication Skills
Market Insurance Presentations
Planning and Organisation Skills
Attention to Detail
Proactive Attitude
Self-Motivation
Team Collaboration
Understanding of FCA Regulatory Requirements
Sales and Service Excellence

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Commercial Development Executive role. Highlight your commercial insurance broking experience and any new business development skills you've got. 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 the role and how your experience aligns with what we're looking for. Keep it engaging and personal – we love a bit of personality!

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Whether it's hitting sales targets or building strong client relationships, 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. Plus, it’s super easy!

How to prepare for a job interview at Brown & Brown UK

✨Know Your Insurance Stuff

Make sure you brush up on your commercial insurance knowledge before the interview. Understand the different types of coverages like Liabilities, Cyber Liability, and D&O. Being able to discuss these confidently will show that you're serious about the role.

✨Show Off Your Sales Skills

Prepare examples of how you've successfully developed new business in the past. Think about specific strategies you used to win clients and retain existing ones. This will demonstrate your ability to drive sales and service excellence.

✨Build Rapport with Interviewers

Remember, this role is all about relationships. Practice building rapport during the interview by being personable and engaging. Ask questions about their team culture and how they support each other in achieving targets.

✨Be Ready for Scenario Questions

Expect to be asked how you would handle certain situations, like dealing with a difficult client or prioritising tasks. Prepare some scenarios from your past experience where you successfully navigated challenges, showcasing your problem-solving skills.

Commercial Development Executive
Brown & Brown UK
Location: Birmingham

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