At a Glance
- Tasks: Sell and renew insurance contracts while managing client relationships.
- Company: Dynamic insurance firm in Cardiff with a focus on growth and development.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Flexible benefits and share save scheme available.
- Why this job: Join a progressive team and build a rewarding career in insurance sales.
- Qualifications: 3+ years in insurance, strong customer service, and negotiation skills.
The predicted salary is between 30000 - 40000 £ per year.
We are currently looking for a Commercial Account Executive to join the exciting and progressive team in Cardiff. 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 3+ 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.
Locations
Commercial Account Executive in Newport, Wales employer: Brown & Brown UK
Join a dynamic and forward-thinking team in Cardiff as a Commercial Account Executive, where your contributions are valued and rewarded. With a strong focus on professional development, we offer fully funded qualifications and a supportive work culture that prioritises meritocracy and career progression. Enjoy a competitive salary, flexible benefits, and the opportunity to build meaningful relationships while making a significant impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Account Executive in Newport, Wales
✨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. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you land that interview, make sure you can confidently explain how your experience aligns with the role of a Commercial Account Executive. Highlight your negotiation skills and customer service experience to show you’re the perfect fit.
✨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. Plus, it’s a great chance to reiterate why you’re the best candidate for the job.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications this way!
We think you need these skills to ace Commercial Account Executive in Newport, Wales
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Account Executive role. Highlight your insurance experience, especially in broking or underwriting, and showcase any relevant skills that match the job description.
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 Cardiff. Mention your customer service skills and how you can contribute to expanding our client base.
Showcase Your Achievements:Don’t just list your responsibilities; highlight your achievements in previous roles. Whether it’s successfully managing renewals or bringing in new business, we want to see how you've made an impact!
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 from us!
How to prepare for a job interview at Brown & Brown UK
✨Know Your Insurance Stuff
Make sure you brush up on your insurance knowledge, especially around broking and underwriting. Be ready to discuss your experience with new business enquiries and renewals, as this will show you understand the role and can hit the ground running.
✨Showcase Your Negotiation Skills
Prepare examples of how you've successfully negotiated contracts or handled difficult client situations in the past. This is key for a Commercial Account Executive, so having specific stories ready will help you stand out.
✨Demonstrate Customer Service Excellence
Think about times when you've gone above and beyond for a client. Be ready to share these experiences, as effective customer service is crucial in this role. Highlight your ability to build strong relationships with clients and insurers alike.
✨Be Organised and Proactive
Since the role involves managing existing accounts and handling new enquiries, show that you can juggle multiple tasks efficiently. Discuss your planning and organisational skills, and maybe even share a system you use to keep everything on track.
