At a Glance
- Tasks: Engage with clients to understand their needs and provide tailored insurance solutions.
- Company: Dynamic insurance firm focused on growth and client satisfaction.
- Benefits: Comprehensive training, competitive salary, and opportunities for career advancement.
- Other info: Fast-paced environment with plenty of opportunities to learn and grow.
- Why this job: Join a vibrant team and make a real difference in clients' lives.
- Qualifications: Previous insurance experience and strong communication skills required.
The predicted salary is between 30000 - 40000 £ per year.
You will be comfortable in your engagements with potential and existing clients to understand their requirements, providing options that support both retention of existing business and growth.
All product training will be provided – you will need to demonstrate the desire to succeed and the skill to communicate and organise your schedule.
Proactively generate new business enquiries using verbal and written communication, utilising direct channels, introducers, affiliates, and key brokers.
Convert warm leads and enquiries into sales to meet and exceed growth targets.
Identify opportunities to upsell and expand to the current offering to existing and potential clients.
Support existing clients with their insurance requirements, building trust and ensuring customer service remains paramount.
Provide dedicated support to our registered health insurance brokers and intermediaries, helping them generate and place suitable business.
Coordinate and manage appointments to negotiate and build relationships with new and existing partners.
Prepare quotations, renewal terms, and relevant policy documentation accurately and in a timely manner.
Represent the brand at conferences and high-profile networking events, both in-person and remotely, to expand market presence.
Ensure all workflow is processed into relevant systems, maintaining accurate client records and file management.
Stay abreast of industry changes, competitor products, and market trends, providing feedback to management.
Adhere strictly to Financial Conduct Authority (FCA) regulations and internal company policies.
Key Responsibilities
- Responding to and actioning requests accurately and within a given timeframe.
- Handling inbound and making outbound calls to prospective sales leads and existing customers, utilising telephone and media tools available.
- Understanding and following procedures in line with FCA regulations and guidelines in full.
- Undertaking training and ensuring product and market knowledge is current.
- Working as a member of a team and contributing to team meetings and performance.
- Understanding how the functions of the role interlink and benefit other roles within the company.
- Assist with various reporting tasks, administration and projects, maintaining confidentiality at all times.
Qualifications
- Essential: To apply you must have insurance experience.
We are now looking to recruit a driven individual who can work as a member of the team and contribute effectively in a professional manner across a busy area of business.
You will need excellent communication skills and be able to organise your work effectively, generating new opportunities for growth, converting warm leads from the Head Office and supporting key business relationships.
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Insurance Sales Executive in Peterborough employer: Commercial Ltd
Commercial Ltd is an excellent employer that prioritises the growth and well-being of its employees, offering flexible hours to accommodate a work-life balance. With competitive pay, additional holiday benefits, and a strong commitment to professional development, you will thrive in a supportive environment dedicated to empowering students with disabilities in Reading. Join us to make a meaningful impact while advancing your career in a dynamic and inclusive workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Sales Executive in Peterborough
✨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 Commercial Ltd). 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 Commercial Ltd. 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 Insurance Sales Executive in Peterborough
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 Commercial Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Commercial Ltd. 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 Commercial Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Commercial Ltd 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 Commercial Ltd, 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 Commercial Ltd'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.
