At a Glance
- Tasks: Understand business insurance needs and create tailored solutions.
- Company: Established and welcoming broking team in London.
- Benefits: Negotiable salary, bonus structure, hybrid working options.
- Other info: Access to leading products and strong support for client servicing.
- Why this job: Join a dynamic team and grow your career in commercial insurance.
- Qualifications: Experience in commercial insurance broking and new business development.
The predicted salary is between 40000 - 50000 £ per year.
Location – London
Salary – Negotiable + Bonus
Overview: We are currently looking for a Commercial Development/Account Executive to join the established and welcoming broking team in London. 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 range of market leading wholesale and inhouse underwriters to competitively place 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, hybrid working if required but ideally based out of the London office. 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.
Development Executive employer: Brown & Brown UK
Brown & Brown UK is an excellent employer, offering a supportive and dynamic work environment in Borehamwood where you can thrive as a Client Onboarding & Conversion Coordinator. With benefits such as 23 days of holiday, life assurance, and private health care, the company prioritises employee well-being and growth, making it an attractive place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Development Executive
✨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. The more connections you make, the better your chances of landing that Development Executive role.
✨Tip Number 2
Showcase your skills! Prepare a portfolio or case studies that highlight your commercial insurance broking experience and new business development successes. When you get the chance to chat with potential employers, let them see what you can bring to the table.
✨Tip Number 3
Practice makes perfect! Before any interviews, do some mock sessions with friends or mentors. Focus on common questions related to commercial development and how you’ve driven sales and service excellence in the past. Confidence is key!
✨Tip Number 4
Apply through our website! We’ve got a range of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it shows you’re genuinely interested in being part of our team. Don’t miss out!
We think you need these skills to ace Development Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Commercial Development Executive. 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 this role and how your skills align with what we’re looking for. Don’t forget to mention your desire to grow a book of business – we love that enthusiasm!
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you've driven sales and service excellence in previous roles. We appreciate a results-driven mindset!
Apply Through Our Website:We encourage you to apply through our website for a smoother application 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. Understand the different types of policies and how they protect businesses. Being able to discuss specific insurance solutions confidently will show that you're serious about the role.
✨Showcase Your Sales Skills
Prepare examples of how you've successfully developed new business in the past. Think about specific strategies you used to approach potential clients and how you retained existing ones. This will demonstrate your ability to drive sales and meet targets.
✨Understand the Company Culture
Research the company’s values and culture before the interview. Knowing what they stand for will help you tailor your answers and show that you’re a good fit for their team. Plus, it’ll give you some great talking points!
✨Ask Smart Questions
Prepare thoughtful questions to ask at the end of the interview. Inquire about their approach to client relationships or how they support their brokers in achieving targets. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
