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- Tasks: Build relationships and manage a pipeline of warm prospects in commercial insurance.
- Company: Join a leading specialist Insurance Broker within a national Business Services group.
- Benefits: Enjoy a competitive salary, hybrid work, car allowance, and a market-leading benefits package.
- Why this job: This role offers career growth, engaging tasks, and the chance to make a real impact.
- Qualifications: Previous commercial insurance experience and strong relationship-building skills are essential.
- Other info: Opportunity for professional development and progression in a supportive team environment.
The predicted salary is between 43200 - 72000 £ per year.
An established specialist Insurance Broker who are part of a larger national Business Services group are currently looking to add an experienced Sales Executive to their established new business team. They operate across a range of sectors including retail, hospitality, care, leisure, and healthcare. They seek a motivated professional with previous commercial insurance experience to support the needs of a diverse and interesting group of Commercial clients. There is a pipeline of warm prospects generated through the wider business.
Key responsibilities will include:
- Building relationships with clients, prospects and insurers
- Development and growth of an account of long-term clients
- Work through and manage a pipeline of assigned prospects and referrals
- Research & targeting of prospective new clients
- Prospecting warm leads.
- Work with prospects and clients to collect information in respect of new business enquiries, renewals and mid-term adjustments
- Preparation of market submissions to insurers and policy presentations to clients
- Negotiate policy terms, conditions, premium and income with both insurers and clients
- Assess and identify any areas of uninsured risks
- Ensure cover arranged always complies with the client’s demands and needs
Skills and experience:
- Previous experience gained within commercial insurance
- To have a well-founded understanding of the fundamentals of Insurance, its legal context and the operation of the Insurance marketplace
- Demonstrable success providing telephone-based advice in sales
- Ability to manage high volumes of enquiries
- To maintain consistent conversion rates in quoting and selling to new clients
- Project a professional and competent image, with an engaging and friendly manner, over the telephone and face to face
- Strong relationship building, influencing and team building skills
- Experience maintaining a client-led approach
Salary/Benefits Information:
- Salary to £60k
- Market leading benefits package
- Competitive Commission scheme
- Hybrid - 2 days/week in the office
- Car Allowance
- Excellent opportunity for career development and progression
Sales Executive - Commercial Insurance employer: Cavendish Maine Recruitment
Contact Detail:
Cavendish Maine Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sales Executive - Commercial Insurance
✨Tip Number 1
Familiarise yourself with the specific sectors the company operates in, such as retail and healthcare. This knowledge will help you tailor your conversations and demonstrate your understanding of their clients' needs during interviews.
✨Tip Number 2
Leverage your existing network to connect with professionals in the commercial insurance field. Engaging with industry contacts can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss your previous successes in sales, particularly in a telephone-based environment. Be ready to share specific examples of how you've managed high volumes of enquiries and maintained conversion rates.
✨Tip Number 4
Showcase your relationship-building skills by preparing questions that demonstrate your interest in client needs and how you can address them. This will highlight your client-led approach and your ability to engage effectively with prospects.
We think you need these skills to ace Sales Executive - Commercial Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your previous experience in commercial insurance. Focus on specific achievements and skills that align with the responsibilities mentioned in the job description, such as relationship building and managing a pipeline of prospects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and your understanding of the insurance marketplace. Mention how your background fits the needs of the company and express your enthusiasm for working with diverse clients.
Highlight Relevant Skills: In your application, emphasise skills like negotiation, client management, and your ability to provide telephone-based advice. These are crucial for the Sales Executive position and should be clearly articulated.
Follow Up: After submitting your application, consider sending a polite follow-up email if you haven't heard back within a week. This shows your continued interest in the position and can help keep your application top of mind.
How to prepare for a job interview at Cavendish Maine Recruitment
✨Know Your Insurance Basics
Make sure you have a solid understanding of commercial insurance fundamentals. Brush up on the legal context and how the insurance marketplace operates, as this knowledge will be crucial during your interview.
✨Demonstrate Relationship-Building Skills
Prepare examples of how you've successfully built relationships with clients and prospects in the past. Highlight your ability to engage with clients both over the phone and face-to-face, as this is key for the role.
✨Showcase Your Sales Success
Be ready to discuss your previous sales experience, particularly in providing telephone-based advice. Share specific metrics or achievements that demonstrate your success in converting leads into clients.
✨Research the Company and Its Clients
Familiarise yourself with the sectors the company operates in, such as retail and healthcare. Understanding their client base will help you tailor your responses and show that you're genuinely interested in the role.
