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- Tasks: Join our team to drive new business in commercial insurance and build lasting client relationships.
- Company: Dynamic insurance company with a focus on innovation and client service.
- Benefits: Negotiable salary, bonus structure, and a range of additional perks.
- Why this job: Make an impact in a supportive environment while developing your career in insurance.
- Qualifications: Experience in commercial insurance and a knack for generating new business.
- Other info: Collaborative team culture with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Position – Commercial New Business Executive
Location – Orpington
Salary – Negotiable + Bonus + Benefits
Overview
We are looking for an experienced commercial insurance new business executive to join the welcoming and forward thinking team in Orpington.
We offer high quality, specialist products to Personal and Commercial clients throughout the UK. We continue to maintain industry leading new business and renewal retention rates by focusing on the precise needs of our customers.
The position of Commercial New Business Executive will suit someone with a Broker / Insurer background, wide range of Commercial product knowledge and a proven track record of achieving targets and developing new client prospects.
The company is looking to the future and prides itself on having a market leading client service model and a long list of insurers and products it can access. The office team consists of some of the best insurance minds and personalities in the area.
The day to day;
- Working in the Commercial New Business team handling all types of commercial business, liaising with insurers and clients.
- Following up warm leads generated through our outbound team and responding to new, inbound enquiries.
- Converting new business enquires in line with or in excess of company targets.
- Checking and comparing cover and have a good understanding of policy conditions and warranties.
- Working closely with our marketing department to covert opportunities.
- Following up on leads and identifying client needs.
- Proactivity, building pipelines and researching trade sectors.
- Build rapport and maintain long-lasting client relationships.
- Create a develop market/insurer relationships.
- Building internal inter-departmental relationships to promote collaboration.
- Highlighting client exposures and upselling products.
- Incoming and outbound call handling.
- Data input (knowledge of Open GI would be preferrable).
- Managing personal workflow effectively and efficiently; raising any issues in a timely manner to the manager.
- Meeting with clients and host a client meeting (preferrable).
- Sharing ideas or suggestions for business improvement with management.
- Assisting colleagues with workflow issues.
What’s on offer;
- Negotiable basic salary
- Bonus Structure
- Wide range of additional addon benefits and discounts (Pension, Holiday etc)
- Hybrid working available
Your Experience:
- Commercial insurance new business experience of SME Package, Commercial Combined, Combined Liability, CAR, Property Owners.
- New business enquiries/generation.
- Good understanding of insurance products and options.
- Acturis insurance broking software knowledge is an advantage.
- Possession of a full driving licence.
Commercial New Business Executive employer: Brown & Brown UK
Contact Detail:
Brown & Brown UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial New Business 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 New Business Executive role.
✨Tip Number 2
Practice your pitch! Be ready to talk about your experience in commercial insurance and how you can help potential clients. A confident and clear pitch can make all the difference when you're meeting with clients or following up on leads.
✨Tip Number 3
Stay proactive! Don’t just wait for leads to come to you. Research potential clients and industries, and reach out to them directly. Show them how your expertise can meet their needs and help grow their business.
✨Tip Number 4
Apply through our website! We’re always on the lookout for talented individuals like you. By applying directly, you’ll have a better chance of standing out and getting noticed by our hiring team.
We think you need these skills to ace Commercial New Business Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial New Business Executive role. Highlight your experience in commercial insurance and any relevant achievements that showcase your ability to meet targets and develop 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 in Orpington. Mention specific skills and experiences that align with the job description, and don’t forget to show your enthusiasm for the role.
Showcase Your Knowledge: We love candidates who know their stuff! Make sure to demonstrate your understanding of commercial insurance products and your experience with brokers or insurers. This will help us see how you can hit the ground running.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our forward-thinking team!
How to prepare for a job interview at Brown & Brown UK
✨Know Your Products Inside Out
Make sure you have a solid understanding of the commercial insurance products mentioned in the job description, like SME Package and Combined Liability. Being able to discuss these confidently will show that you're not just familiar with the industry but also ready to hit the ground running.
✨Showcase Your Track Record
Prepare specific examples of how you've achieved targets and developed new client prospects in your previous roles. Use metrics where possible to quantify your success, as this will help demonstrate your capability to meet the company's goals.
✨Build Rapport During the Interview
Remember, this role is all about building long-lasting client relationships. Practice your interpersonal skills and be ready to engage with the interviewers. A friendly, approachable attitude can go a long way in making a positive impression.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s client service model and how they maintain their high retention rates. This shows your genuine interest in the role and helps you understand if the company aligns with your career goals.
