Senior Commercial Renewals Account Executive
Senior Commercial Renewals Account Executive

Senior Commercial Renewals Account Executive

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage client renewals, negotiate deals, and ensure compliance in a dynamic insurance environment.
  • Company: Join Brown & Brown, a leader in specialist insurance with a focus on client satisfaction.
  • Benefits: Negotiable salary, comprehensive benefits, performance bonuses, and professional qualifications.
  • Why this job: Be part of a supportive team and grow your career in a stable, 'forever company'.
  • Qualifications: Minimum 3 years in Commercial Insurance broking with strong negotiation and communication skills.
  • Other info: Enjoy a 9am to 5pm schedule, Monday to Friday, with opportunities for career progression.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

Position – Senior Commercial Renewals Account Executive

Location – Orpington Kent

Salary – Negotiable plus benefits

Overview

We are currently looking for a Senior Commercial Renewals Account Executive to join our professional and welcoming team in Orpington.

Brown & Brown in Orpington offer high quality, specialist insurance products to Personal and Commercial clients throughout the UK. We have sustained one of the highest customer satisfaction and retention rates within the industry by focusing on the precise needs of our clients.

The position of Commercial Renewals Account Executive will suit someone with a Broker / Insurer background with a wide range of Commercial product knowledge and experience and a proven track record of achieving targets and managing existing book of clients.

Working alongside like minded and experienced insurance brokers this is a long term opportunity with a ‘forever company’ that will provide career progression and security.

Day to day

  • Converting renewal business in line with or in excess of company targets
  • Preparing market presentations for renewal reports Liaising with insurers and clients pre and post sale of renewals
  • Checking covers, warranties, endorsements to ensure that they are correct and in line with quotations provided
  • Mid term adjustments
  • Incoming and outbound call handling
  • Corresponding and communicating with clients and insurance companies
  • Cross selling other products
  • Maintaining day to day compliance procedures for FCA regulation Effectively managing individual diary
  • Managing personal work workflow effectively and efficiently
  • Maintaining a complete and comprehensive training record Sharing ideas or suggestions for business improvement with management
  • Advising manager of any backlog in work in a timely manner
  • Advising manager of any debt recovery problems or contentious issues in a timely manner

What’s on offer

  • Negotiable Salary
  • Comprehensive benefits package (pension etc)
  • Performance Bonus
  • Professional Qualifications such as CII
  • 9am to 5pm Mon-Friday

Your Experience

  • Minimum 3 years Commercial Insurance broking experience is essential
  • Strong negotiation skills
  • Effective communication, both written and verbal
  • Ability to work alone and as part of a team
  • High attention to detail
  • Form and develop strong insurer and client relationships
  • Time management and organisational skills
  • Customer service

Senior Commercial Renewals Account Executive employer: Brown & Brown UK

Brown & Brown in Orpington is an exceptional employer, offering a supportive and professional work environment where employees can thrive. With a strong focus on career progression, comprehensive benefits, and a commitment to high customer satisfaction, this role as a Senior Commercial Renewals Account Executive provides the opportunity to work alongside experienced insurance brokers while contributing to a company known for its stability and growth.
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Contact Detail:

Brown & Brown UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Commercial Renewals Account Executive

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who might know about openings at Brown & Brown. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of commercial insurance products. We want you to showcase your expertise and how it aligns with the needs of the role. Practice common interview questions and think about how your experience fits the job description.

✨Tip Number 3

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the position and keeps you fresh in their minds.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Brown & Brown.

We think you need these skills to ace Senior Commercial Renewals Account Executive

Commercial Insurance Knowledge
Broker/Insurer Background
Target Achievement
Market Presentation Preparation
Client Liaison
Cover and Warranty Checking
Call Handling
Cross-Selling
FCA Compliance
Diary Management
Workflow Management
Business Improvement Suggestions
Negotiation Skills
Effective Communication
Customer Service

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Commercial Renewals Account Executive role. Highlight your relevant experience in commercial insurance broking and any specific achievements that showcase your negotiation skills and customer service prowess.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for our team. Mention your background, your passion for the industry, and how you can contribute to maintaining our high customer satisfaction rates.

Showcase Your Communication Skills: Since effective communication is key in this role, make sure your written application reflects your ability to convey information clearly and professionally. Avoid jargon and keep it straightforward – we want to see your personality shine through!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!

How to prepare for a job interview at Brown & Brown UK

✨Know Your Insurance Stuff

Make sure you brush up on your commercial insurance knowledge before the interview. Familiarise yourself with the latest trends, products, and regulations in the industry. This will not only show your expertise but also demonstrate your commitment to staying informed.

✨Showcase Your Success Stories

Prepare specific examples of how you've achieved targets and managed client relationships in your previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you illustrate your skills and experience effectively.

✨Practice Your Communication Skills

Since effective communication is key in this role, practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend or using online resources to refine your verbal and written communication skills.

✨Ask Insightful Questions

Prepare thoughtful questions to ask the interviewer about the company culture, team dynamics, and growth opportunities. This shows your genuine interest in the position and helps you assess if the company is the right fit for you.

Senior Commercial Renewals Account Executive
Brown & Brown UK

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