At a Glance
- Tasks: Join our team to drive new business in commercial insurance and build lasting client relationships.
- Company: Dynamic insurance company in Orpington with a focus on innovation and client service.
- Benefits: Negotiable salary, bonus structure, and a range of additional perks.
- Other info: Collaborative environment with opportunities for personal and professional growth.
- Why this job: Make an impact in the insurance industry while working with top professionals.
- Qualifications: Experience in commercial insurance and a knack for generating new business.
The predicted salary is between 30000 - 40000 £ per year.
Location – Orpington
Salary – Negotiable + Bonus + Benefits
Overview
We are looking for an experienced commercial insurance new business executive to join the welcoming and forward thinking team in Orpington. We offer high quality, specialist products to Personal and Commercial clients throughout the UK. We continue to maintain industry leading new business and renewal retention rates by focusing on the precise needs of our customers.
The position will suit someone with a Broker / Insurer background, wide range of Commercial product knowledge and a proven track record of achieving targets and developing new client prospects. The company prides itself on having a market leading client service model and a long list of insurers and products it can access. The office team consists of some of the best insurance minds and personalities in the area.
The day to day:
- Working in the Commercial New Business team handling all types of commercial business, liaising with insurers and clients.
- Following up warm leads generated through our outbound team and responding to new, inbound enquiries.
- Converting new business enquiries in line with or in excess of company targets.
- Checking and comparing cover and having a good understanding of policy conditions and warranties.
- Working closely with our marketing department to convert opportunities.
- Following up on leads and identifying client needs.
- Proactivity, building pipelines and researching trade sectors.
- Building rapport and maintaining long-lasting client relationships.
- Creating and developing market/insurer relationships.
- Building internal inter-departmental relationships to promote collaboration.
- Highlighting client exposures and upselling products.
- Incoming and outbound call handling.
- Data input (knowledge of Open GI would be preferable).
- Managing personal workflow effectively and efficiently; raising any issues in a timely manner to the manager.
- Meeting with clients and hosting a client meeting (preferable).
- Sharing ideas or suggestions for business improvement with management.
- Assisting colleagues with workflow issues.
What’s on offer:
- Negotiable basic salary
- Bonus Structure
- Wide range of additional addon benefits and discounts (Pension, Holiday etc)
Your Experience:
- Commercial insurance new business experience of SME Package, Commercial Combined, Combined Liability, CAR, Property Owners.
- New business enquiries/generation.
- Good understanding of insurance products and options.
- Acturis insurance broking software knowledge is an advantage.
- Possession of a full driving licence.
Commercial New Business Executive in Orpington employer: Brown & Brown UK
Join our dynamic team in Orpington as a Commercial New Business Executive, where we prioritise a supportive work culture and offer competitive salaries alongside a robust bonus structure. Our commitment to employee growth is evident through ongoing training and development opportunities, ensuring you thrive in your career while working with some of the best minds in the insurance industry. With a focus on collaboration and innovation, we provide a unique environment that fosters long-lasting client relationships and professional success.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial New Business Executive in Orpington
✨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 Commercial New Business Executive in Orpington
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.
