At a Glance
- Tasks: Sell and renew insurance contracts while managing client relationships.
- Company: Dynamic insurance firm in Lutterworth with a focus on growth.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Opportunity for career progression based on merit and a diverse work environment.
- Why this job: Join a progressive team and build a rewarding career in insurance.
- Qualifications: 2 years of insurance experience and strong customer service skills.
The predicted salary is between 30000 - 40000 £ per year.
Location: Lutterworth
Salary: Negotiable + Benefits + Bonus
Overview
We are currently looking for a Commercial Account Executive to join the exciting and progressive team in Lutterworth. The Commercial Account Executive is an important sales and advisory position and your role will primarily involve selling/offering and renewing contracts of insurance, either stand alone or as part of a portfolio, to clients within a specific company division. As the Executive you will manage an existing book of business but will also be expected to assist with new enquiries to expand the Company’s client base and assist with achievement of the company’s new business targets. This is a superb opportunity for someone looking for a long term career and progression based on meritocracy. You will need to deliver effective, quality advice and efficient customer service combined with a commitment to own professional development.
The Day To Day
- Deal with nominated new & existing business insurance enquiries in a proactive manner.
- Administration of clients insurance requirements on a daily basis in relation to renewals, midterm adjustments and new business enquiries, obtaining quotations and accounting procedures.
- Review the demands and needs of assigned customers and advise on the most appropriate insurances to meet their demands and needs.
- Produce high quality Broking submission reports and broke risks to the Insurance market demonstrating effective negotiation skills.
- Ensure high quality client documentation is produced and provided to clients.
- Liaise with insurers and other third parties regarding client’s insurance needs building effective business relationships.
- Provide technical support to colleagues on request.
- Maintain effective working relationships with colleagues assisting in achievement of overall company objectives.
- Adhere to FCA regulations and requirements.
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
- Requirement of at least 2 years general insurance experience either broking or underwriting.
- Ability to handle new business enquiries, renewals and mid term adjustments of insurance policies.
- Good customer service and negotiation skills.
- Effective planning, administration and organisational skills.
- Ability to work calmly under pressure.
- Excellent oral and written communication skills with the ability to professionally represent the Company.
- Ability to build successful, mutually beneficial business relationships with all stakeholders, i.e. prospects / clients / insurers / colleagues.
- Acturis insurance broking software knowledge is an advantage.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Account Executive in Lutterworth employer: Brown & Brown UK
Join our dynamic team in Lutterworth as an Account Executive, where we prioritise employee growth and development through fully funded qualifications and a meritocratic progression system. Enjoy a supportive work culture that values diversity and fosters strong relationships, alongside competitive benefits including a negotiable salary, flexible benefits, and an annual share save scheme. This is not just a job; it's a meaningful career opportunity in a thriving environment.
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive in Lutterworth
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Account Executive role.
✨Tip Number 2
Practice your pitch! You never know when you'll get a chance to impress someone with your skills. Prepare a short, snappy introduction about yourself and what you bring to the table as an Account Executive. Make it memorable!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows you're keen and professional. Plus, it gives you another chance to reiterate why you're the perfect fit for the role.
✨Tip Number 4
Apply through our website! We love seeing applications come directly from our site. It shows you're genuinely interested in joining our team. Plus, it makes it easier for us to spot your application and get back to you quickly.
We think you need these skills to ace Account Executive in Lutterworth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Account Executive role. Highlight your insurance experience, customer service skills, and any relevant qualifications. 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. 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 improving 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 from us!
How to prepare for a job interview at Brown & Brown UK
✨Know Your Stuff
Make sure you brush up on your insurance knowledge, especially around the types of policies you'll be dealing with. Familiarise yourself with common terms and practices in the industry, as well as any recent changes in regulations that might affect clients.
✨Showcase Your Skills
Prepare to discuss specific examples from your past experience that highlight your customer service and negotiation skills. Think about times when you've successfully handled new business enquiries or renewals, and be ready to share those stories.
✨Ask Smart Questions
Come prepared with insightful questions about the company’s approach to client relationships and how they measure success. This shows you're genuinely interested in the role and helps you understand if the company is the right fit for you.
✨Practice Makes Perfect
Consider doing mock interviews with a friend or using online resources to practice your responses. Focus on articulating your thoughts clearly and confidently, as effective communication is key in this role.
