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: Embrace a diverse workplace with opportunities for personal and professional growth.
- Why this job: Join a progressive team and build a rewarding career in insurance sales.
- Qualifications: 2 years of insurance experience and strong customer service skills.
The predicted salary is between 30000 - 40000 £ per year.
Location: Cardiff
Salary: Negotiable + Benefits + Bonus
Overview
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.
Responsibilities
- 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.
Commercial Account Executive in Cardiff employer: Brown & Brown
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 encourages growth and merit-based progression. Enjoy competitive benefits, including a negotiable salary, flexible perks, and an annual share save scheme, all while working in a diverse environment that champions inclusivity.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Account Executive in Cardiff
✨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 in making you memorable. Use this opportunity to reiterate your enthusiasm for the role and remind them why you’re the best choice for their team.
✨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 shows you’re genuinely interested in being part of our team!
We think you need these skills to ace Commercial Account Executive in Cardiff
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial 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 our needs. Keep it concise but engaging – we love a good story!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Whether it’s hitting sales targets or improving client satisfaction, we want to know how you've made a difference 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
✨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 your role.
✨Showcase Your Experience
Prepare to discuss your previous experience in insurance, particularly any roles involving broking or underwriting. Be ready to share specific examples of how you've successfully handled new business enquiries or renewals, and how you've built relationships with clients and insurers.
✨Demonstrate Your Negotiation Skills
Since negotiation is key in this role, think of a few scenarios where you've had to negotiate terms or prices. Practice articulating these experiences clearly, highlighting your approach and the outcomes. This will show your potential employer that you can effectively advocate for clients while also meeting company targets.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company’s goals, team dynamics, and expectations for the Commercial Account Executive role. This not only shows your interest but also helps you gauge if the company is the right fit for you. Plus, it demonstrates your proactive attitude!
