At a Glance
- Tasks: Build and manage relationships in the HNW/UHNW insurance market, focusing on property.
- Company: Established firm with over 35 years of experience in private client insurance.
- Benefits: Negotiable salary, bonus, 25 days holiday, pension, and share grants.
- Other info: Hybrid work model with opportunities for professional development and career progression.
- Why this job: Join a dynamic team and make a real impact in high-value insurance.
- Qualifications: Experience in private client insurance and strong communication skills required.
The predicted salary is between 50000 - 65000 £ per year.
Location: London (Hybrid - 3 days in office)
Salary: Negotiable + Bonus
We’ve been looking after our client’s insurance needs for over 35 years, ensuring their assets, whether that’s their historic town house, art collection or estates, have the best possible cover in place. Our team is going from strength to strength and to ensure we continue to provide outstanding levels of service to our clients, we're looking to add to the team with a Development Executive to focus on building our client base further.
In this role you'll be focused on developing new and restoring old relationships across the HNW and UHNW Insurance market with the main focus on the Property side, covering all associated lines whilst working closely with the team to ensure everything gets done quickly and efficiently.
The day to day:
- Proactively developing and managing client requirements across their portfolios including from new business leads to quotation and beyond.
- Assist the directors with some renewals, additional quotations, mid-term adjustments and associated pieces as required.
- Developing and managing a network of introducers within professional services.
- Ensure all client data is up to date and accurate on Acturis.
- Negotiating with underwriters and ensuring all documentation is correct prior to issuing.
- Working with colleagues on a collaborative basis to ensure all clients (including ones not in your portfolio) are provided with a high level of service.
- Undertaking due diligence checks on potential customers.
- Assisting with credit control where required.
- Building strong working relationships with stakeholders (both internally and externally).
- Assisting the directors with larger more complex cases as required.
- Achieve New Business / Retention targets.
The rewards:
- A negotiable basic salary + bonus and all the normal benefits (25 days holiday, pension, DIS etc.) coupled with share grants (performance led).
- A team-based environment where everyone pulls together coupled with the ability to progress within a highly respected team.
- Full support for professional qualifications (including full funding).
- Access to the annual share save scheme.
About you:
- Strong working knowledge of the Private Client Insurance landscape, which should include exposure to Fine Art, Listed / Heritage Properties, Farms and Estates and the associated Motor and Liability Policies.
- A proven track record of generating new business within the Private client market.
- You’ll have a rounded skill set that includes high level communication (both written and verbal), sales, influencing, negotiation, administrative and IT skills coupled with working knowledge of MS Office products.
- Exposure to Insurance broking platforms (Acturis) would be beneficial but not essential as full training will be provided.
- You’ll also need to have a good telephone manner with the ability to adapt to situations.
- A full driving licence would be highly beneficial due to the requirement for client visits.
HNW / UHNW Private Client Development Executive employer: Brown & Brown UK
As a leading player in the High Net Worth and Ultra High Net Worth insurance sector, our London-based team offers a dynamic and collaborative work environment that prioritises employee growth and development. With competitive salaries, performance-led bonuses, and full support for professional qualifications, we empower our staff to excel while fostering strong relationships within a supportive culture. Join us to be part of a respected team that values your contributions and provides opportunities for meaningful career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land HNW / UHNW Private Client Development Executive
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Brown & Brown UK). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Brown & Brown UK. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace HNW / UHNW Private Client Development Executive
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Brown & Brown UK.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Brown & Brown UK. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Brown & Brown UK
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Brown & Brown UK to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Brown & Brown UK, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Brown & Brown UK's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
