At a Glance
- Tasks: Drive new business growth and build lasting client relationships in the insurance sector.
- Company: Rapidly expanding insurance brokerage with a client-centric approach and innovative culture.
- Benefits: Competitive salary, market-leading commission, comprehensive benefits, and professional development support.
- Other info: Flexible working options and genuine career progression opportunities available.
- Why this job: Join a dynamic team and make a real impact in a thriving industry.
- Qualifications: Proven sales experience in B2B, strong insurance knowledge, and exceptional communication skills.
The predicted salary is between 40000 - 40000 £ per year.
Commercial Insurance New Business Development - Internal Sales
Location: Warwick
Salary: base to 40k per annum (DOE) + Bonus on Sales, flex Benefits, Warm Leads Provided
Are you a highly motivated and results-driven individual with a passion for forging new relationships? Do you possess a deep understanding of the insurance landscape and a proven track record in driving business growth? If so, we want to hear from you!
Our clients are a rapidly expanding and innovative insurance brokerage dedicated to delivering exceptional value and tailored solutions to their clients. They pride themselves on their client-centric approach, cutting-edge technology, and collaborative team environment. As they continue to expand their market presence, they are seeking a dynamic and proactive New Business Development Broker to join their thriving team.
The Opportunity
This is a pivotal role for an ambitious individual who thrives on identifying and converting new business opportunities. You will be instrumental in expanding our clients' book of business, forging strategic partnerships, and contributing directly to their continued success. You'll be given the autonomy to shape your approach, supported by a dedicated team and market-leading products/services.
Key Responsibilities
- Lead Generation & Prospecting: Proactively identify and qualify new business opportunities through various channels, including market research, networking, cold outreach, and leveraging industry connections. (Some leads are provided)
- Relationship Building: Develop and nurture strong, lasting relationships with prospective clients, key decision-makers (e.g., business owners, HR managers, fellow brokers, specific industry stakeholders), and introducers.
- Solution Presentation: Conduct compelling presentations and product demonstrations, clearly articulating the value proposition of our clients' insurance solutions and how they address client needs.
- Needs Analysis & Tailoring: Conduct in-depth needs analysis to understand client requirements and challenges, then expertly tailor insurance solutions to meet their specific objectives.
- Negotiation & Closing: Lead negotiations and effectively close new business deals, consistently achieving and exceeding ambitious sales targets.
- Pipeline Management: Maintain a robust sales pipeline using our clients' CRM system, ensuring accurate forecasting and detailed reporting of activities and progress.
- Market Intelligence: Stay abreast of industry trends, competitor activities, and regulatory changes (e.g., FCA guidelines) to identify new opportunities and inform strategic discussions.
- Collaboration: Work closely with internal teams, including Underwriting, Claims, Account Management, and Marketing, to ensure seamless client onboarding and ongoing satisfaction.
- Brand Ambassador: Represent the company at industry events, conferences, and networking functions, enhancing our reputation and expanding our professional network.
What We're Looking For
- Proven Sales Acumen: Demonstrable experience in B2B new business development, ideally within the insurance or financial services sector.
- Insurance Knowledge: A strong understanding of the general insurance market, SME and Commercial Insurance classes.
- Exceptional Communication: Outstanding verbal, written, and presentation skills, with the ability to articulate complex concepts clearly and persuasively to diverse audiences.
- Relationship Builder: A natural flair for building rapport, trust, and long-term relationships with clients and partners.
- Results-Oriented: A highly motivated and driven individual with a proven track record of consistently exceeding sales targets.
- Strategic Thinker: Ability to identify opportunities, develop strategic plans, and execute them effectively.
- Self-Starter: Proactive, self-disciplined, and capable of managing your own time and priorities effectively.
- Tech-Savvy: Proficient in CRM software and Microsoft Office Suite.
- Full UK Driving Licence: Essential for client visits and travel.
What our client can offer
- A competitive basic salary with a highly rewarding, market-leading commission structure.
- Comprehensive benefits package.
- Opportunities for continuous professional development and support for CII qualifications.
- A collaborative and supportive team environment with a strong company culture.
- Genuine opportunities for career progression within a growing organisation.
- Flexible working options considered for experienced candidates.
Commercial Insurance Broker in Warwick employer: Cameron James
Join a dynamic project-driven business as the Head of Finance, where you will lead a talented team and play a pivotal role in shaping financial strategies. Our supportive work culture fosters collaboration and innovation, offering ample opportunities for professional growth and development. Located in a vibrant area, we provide competitive salaries and a range of benefits that make us an exceptional employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Broker in Warwick
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Cameron James). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Cameron James. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Insurance Broker in Warwick
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Cameron James.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Cameron James. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Cameron James
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Cameron James to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Cameron James, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Cameron James's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
