At a Glance
- Tasks: Sell and renew insurance contracts while managing client relationships.
- Company: Dynamic company with a meritocratic culture that values self-starters.
- Benefits: Negotiable salary, 25 days holiday, pension, and professional development support.
- Other info: Opportunity for growth and access to flexible benefits.
- Why this job: Join a progressive team and build a long-term career in insurance.
- Qualifications: 2 years of insurance experience and strong customer service skills.
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 Insurance Account Executive to join the exciting and progressive team in Halesowen. 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 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 employer: Brown & Brown
Contact Detail:
Brown & Brown Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Commercial Account Executive role.
✨Tip Number 2
Practice your pitch! You’ll want to be able to sell yourself just as well as you sell insurance. Prepare a short, snappy introduction about who you are and what you bring to the table. This will come in handy during interviews or networking chats.
✨Tip Number 3
Research the company! Before any interview, make sure you know what makes this company tick. Understand their culture, values, and recent news. This will help you tailor your answers and show them you’re genuinely interested in being part of their team.
✨Tip Number 4
Apply through our website! We love seeing applications directly from our site. It shows initiative and gives you a better chance of standing out. Plus, you can easily keep track of your application status!
We think you need these skills to ace Commercial Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Account Executive role. Highlight your relevant experience in insurance, customer service, and any negotiation skills you have. 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 company culture. Remember, we love self-starters who are committed to doing what's best for customers.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've successfully managed insurance enquiries or built relationships with clients. This will help us see your potential impact on our team.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive 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 commercial policies. Understand the key products and services the company offers, as well as any recent industry trends. This will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Customer Service Skills
Since this role involves a lot of client interaction, be prepared to discuss your previous experiences in customer service. Think of specific examples where you went above and beyond for a client or successfully resolved a challenging situation. This will demonstrate your commitment to providing quality advice and service.
✨Prepare Questions
Interviews are a two-way street, so come armed with thoughtful questions about the company culture, team dynamics, and growth opportunities. This not only shows your interest but also helps you assess if the company is the right fit for you.
✨Practice Your Negotiation Skills
As a Commercial Account Executive, negotiation is key. Prepare for potential role-play scenarios where you might need to negotiate terms or prices. Practising these skills can help you feel more comfortable and confident during the interview.