At a Glance
- Tasks: Understand business insurance needs and design tailored solutions.
- Company: Join a fast-growing, supportive insurance broker in Newport.
- Benefits: Negotiable salary, monthly bonuses, pension, and discounts.
- Other info: Dynamic role with opportunities for long-term growth and client relationships.
- Why this job: Make a real impact by helping businesses protect their assets.
- Qualifications: Experience in commercial insurance broking and new business development.
The predicted salary is between 30000 - 40000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
We are currently looking for a Commercial Development/Account Executive to join the established and welcoming broking team in Newport. Newport is one of Brown & Brown’s fastest growing retail insurance brokers locations with a strong record of providing support and success for all that join them.
In short 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 wide range of market leading wholesale and inhouse underwriters to competitively place various types of 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, based out of the Newport 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 & retain existing commercial book.
- Typical classes of insurance broking cover Liabilities, PI Combined, Commercial Combined, Property Owners, Cyber Liability, D&O, Fleets, Motor Trade, plus others.
- Creating a customer-led culture where sales and customer standards, discipline, activities and best practice are delivered.
- Ensure you are meeting FCA regulatory requirements.
- Able to build long standing relationships with insurers and clients.
- Seeking best policy for the customer whilst protecting the insurer.
- Prioritise time and attention on high value activities.
- Select the best course of action based on the available information.
What’s On Offer
- Negotiable salary package.
- Achievable performance related bonus paid monthly.
- Additional benefits (e.g. Pension, Death in Service, Discounts, Holiday).
Your Experience
- Relevant commercial insurance broking industry experience.
- Desire to win new business, handle renewals and MTA’s for a range of insurance risks.
- Knowledge of company industry types and operating conditions.
- Ability to develop and maintain client relationships.
- Excellent interpersonal, written and verbal communication skills.
- Confident in creating compelling market insurance presentations.
- Pro-active and self-motivated.
- Planning and organisation skills to meet deadlines.
- Attention to detail.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Commercial Insurance Growth Executive in Newport employer: Brown & Brown UK
At Brown & Brown, we pride ourselves on fostering a meritocratic culture that empowers self-starters and prioritises customer satisfaction. Located in the vibrant city of Newport, our team enjoys a supportive environment with access to market-leading resources, competitive commission structures, and ample opportunities for professional growth within one of our fastest-growing retail insurance broker locations. Join us to build lasting client relationships while benefiting from a comprehensive benefits package and a commitment to diversity and inclusion.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Growth Executive in Newport
✨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 Insurance Growth Executive role.
✨Tip Number 2
Practice your pitch! Be ready to explain how your experience in commercial insurance broking can help potential employers. Tailor your message to highlight your skills in new business development and client relationship management.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can set you apart from other candidates. Remind them why you're the perfect fit for their team and express your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and experience. Plus, it shows you’re genuinely interested in joining our awesome team.
We think you need these skills to ace Commercial Insurance Growth Executive in Newport
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Insurance Growth Executive role. Highlight your relevant experience in commercial insurance broking and new business development. We want to see how your skills align with what we’re looking for!
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 you can contribute to our customer-led culture. We love seeing enthusiasm and a personal touch!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Whether it’s hitting sales targets or building strong 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 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 Stuff
Make sure you brush up on your commercial insurance knowledge. Understand the different types of policies, like Cyber Liability and D&O, and be ready to discuss how they apply to various businesses. This will show that you're not just interested in the role but also knowledgeable about the industry.
✨Showcase Your Sales Skills
Prepare to talk about your experience in new business development and how you've successfully retained clients in the past. Use specific examples to illustrate your ability to drive sales and service excellence. This is key for a role focused on growing a book of business.
✨Build Rapport
During the interview, focus on building a connection with your interviewer. Ask questions about their experiences and the company culture. This will demonstrate your interpersonal skills and your ability to create long-standing relationships, which is crucial in this role.
✨Be Proactive and Organised
Highlight your planning and organisation skills by discussing how you prioritise tasks and manage your time effectively. Share examples of how you've handled multiple responsibilities while meeting deadlines, as this will resonate well with the company's emphasis on high-value activities.
