At a Glance
- Tasks: Engage with businesses to design tailored insurance solutions and drive new business development.
- Company: Join a fast-growing, supportive insurance broker in Halesowen with a meritocratic culture.
- Benefits: Negotiable salary, bonus, 25 days holiday, pension, and professional development support.
- Other info: Enjoy a dynamic work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact by helping businesses protect their assets while growing your career.
- Qualifications: Experience in commercial insurance broking and a passion for winning new business.
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 Executive to join the established and welcoming broking team in Halesowen. The Halesowen office is one of the fastest growing retail insurance broker 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. 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 basic salary, bonus plus 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:
- 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.
- Co-operative and supportive team player.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Commercial Development Executive employer: Brown & Brown
As a Commercial Development Executive at our Halesowen office, you will thrive in a dynamic and supportive environment that champions meritocracy and rewards initiative. With access to leading insurance products, comprehensive professional development opportunities, and a generous commission structure, you will be well-equipped to build lasting client relationships while contributing to the success of one of the fastest-growing retail insurance broker locations. Our inclusive culture prioritises customer satisfaction and employee growth, making it an excellent place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Development 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 connections you make, the better your chances of landing that Commercial Development Executive role.
✨Tip Number 2
Practice your pitch! You need to be able to sell yourself just like you would sell an insurance policy. Prepare a short, snappy introduction about who you are and what you bring to the table. Make it memorable!
✨Tip Number 3
Research the company! Understand their culture, values, and the specific insurance products they offer. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.
✨Tip Number 4
Apply through our website! We want to see your application come through directly. It shows initiative and gives us a chance to see your enthusiasm for the role. Plus, it’s the best way to stay updated on your application status!
We think you need these skills to ace Commercial Development Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your commercial insurance broking experience and any new business development successes to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our customer-led culture. Be genuine and let your personality come through.
Showcase Your Communication Skills:Since excellent written communication is key for this role, ensure your application is clear, concise, and free of errors. We want to see that you can create compelling presentations and communicate effectively with clients.
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 you’re proactive – just what we like to see!
How to prepare for a job interview at Brown & Brown
✨Know Your Insurance Stuff
Make sure you brush up on your commercial insurance knowledge before the interview. Understand the different types of coverages like Liabilities, Cyber Liability, and D&O. Being able to discuss these confidently will show that you're serious about the role and can hit the ground running.
✨Show Off Your Sales Skills
Prepare to talk about your experience in new business development and how you've successfully retained clients in the past. Have specific examples ready that highlight your ability to drive sales and service excellence. This is key for a Commercial Development Executive!
✨Build Rapport with Interviewers
Remember, this role is all about relationships! Practice building rapport during the interview by being personable and engaging. Ask questions about their team culture and how they support each other in achieving targets. This shows you're a team player who values collaboration.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills and decision-making abilities. Think about how you would approach various client situations or challenges in the insurance market. This will demonstrate your proactive mindset and ability to prioritise effectively.
