At a Glance
- Tasks: Renew and expand client insurance policies while providing top-notch customer service.
- Company: Join a meritocratic culture at First Insurance, part of Brown & Brown UK.
- Benefits: Competitive salary, diverse team, and opportunities for personal growth.
- Why this job: Make a real difference by helping clients find the best insurance solutions.
- Qualifications: Experience in customer service and a passion for helping others.
- Other info: Dynamic role with a focus on teamwork and professional development.
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. First Insurance, a valued member of Brown & Brown UK, are looking to recruit an experienced Renewals Executive to join their team. The successful applicant will play a key role in supporting the growth of the Company, by proactively ensuring all renewals allocated are renewed in a correct and accurate manner. They will also be tasked with providing an excellent customer experience and specialist advice in line with Company values, and undertaking accurate administrative tasks.
Job Objective: The role of the renewal executive is to retain and expand the existing book of business and to advise on the most appropriate insurance to meet the client’s needs.
Specific Duties and Responsibilities:
- Responsible for renewing your own book of business each month (approx. 20+ clients, which are both client facing and telephone based).
- Accurately completes administrative tasks such as issue documents to the client, diary management, checking proposal documents, renewals re-broking, setting up policy records, creating client schedules, and handling insurer and client queries.
- Sell the benefits of renewal to clients.
- Achieve income targets whilst adhering to FCA compliance obligations.
- The achievement of retention targets alongside income targets.
- Provide quotes for existing clients generating new business e.g. excess layers, cross selling additional policies.
- Making contact with clients when their policy falls due for renewal, ensuring that any cover or policy changes are actioned along with the completion of a full market search to obtain the most competitive product.
- To administer the renewal from the initial review, through to market search, quotation, closing of sale, issuing of cover and follow up documentation requests.
- Negotiating insurance rates with clients and underwriters and to trade with insurers to maximise income potential.
- Manage incoming enquiries, for example mid-term adjustments, deal with the request or direct them to relevant departments.
- Deliver exceptional levels of customer service at all times.
- General administration work: Prioritise all client communication (via phone, email and in person) to ensure the customer receives a high level of customer service.
- To ensure accuracy, efficiency and professionalism when dealing with internal and external clients, including both colleagues and insurers.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Renewals Executive in Maidstone employer: Brown & Brown
Contact Detail:
Brown & Brown Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Renewals Executive in Maidstone
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for a Renewals Executive role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of insurance products and customer service best practices. We want you to shine when discussing how you can provide an excellent experience for clients and meet their needs.
✨Tip Number 3
Don’t forget to showcase your administrative skills! Be ready to talk about how you manage your workload, keep track of client communications, and ensure accuracy in all your tasks. This is key for a Renewals Executive!
✨Tip Number 4
Apply through our website! It’s the best way to get noticed and show us you’re serious about joining our team. Plus, it gives you a chance to highlight your skills and experience directly related to the role.
We think you need these skills to ace Renewals Executive in Maidstone
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Renewals Executive role. Highlight your customer service experience and any relevant insurance knowledge to show us you’re the right fit!
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 your previous experiences align with our company values. We love seeing genuine enthusiasm!
Showcase Your Achievements: When detailing your past roles, focus on specific achievements, especially those related to retention targets or customer satisfaction. Numbers speak volumes, so don’t shy away from sharing your successes!
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 proactive!
How to prepare for a job interview at Brown & Brown
✨Know Your Stuff
Make sure you understand the insurance industry and the specific role of a Renewals Executive. Brush up on key terms, processes, and the importance of customer service in renewals. This will help you answer questions confidently and show that you're genuinely interested in the position.
✨Showcase Your Customer Service Skills
Prepare examples from your past experiences where you've provided exceptional customer service. Think about how you handled difficult situations or went above and beyond for clients. This is crucial since the role heavily focuses on delivering an excellent customer experience.
✨Be Ready to Discuss Targets
Since achieving retention and income targets is a big part of the job, be prepared to discuss how you've met or exceeded targets in previous roles. Use specific numbers and outcomes to illustrate your success and demonstrate your ability to drive results.
✨Practice Your Negotiation Techniques
Negotiating rates with clients and underwriters is key in this role. Think of scenarios where you've successfully negotiated terms or prices before. Practising these conversations can help you feel more comfortable during the interview and show that you have the skills needed for the job.