At a Glance
- Tasks: Manage existing clients and develop new business in a dynamic insurance environment.
- Company: Join a respected insurance company known for innovation and stability.
- Benefits: Enjoy hybrid working, a competitive salary, car allowance, bonuses, and private medical insurance.
- Other info: Be part of a supportive team with opportunities for mentoring and professional development.
- Why this job: This role offers career growth, client relationship building, and a chance to make an impact.
- Qualifications: Experience in mid-corporate insurance and relevant industry qualifications are essential.
The predicted salary is between 55000 - 85000 £ per year.
Commercial Account Executive
Watford
£60k-95k Basic - Plus Car Allowance and Excellent Bonus & Benefits
We are currently recruiting on behalf of a highly respected, reputable and forward thinking Insurance company. They are looking for a talented and experienced Corporate/Commercial Executive, for an exciting new opportunity that offers hybrid working and a highly stable and lucrative long term career platform, which includes uncapped bonus earnings and future share options.
The company is looking for a self-motivated, pro-active and highly driven Account Executive with proven Corporate/Commercial Insurance experience and strong technical knowledge of Mid-Corporate/Commercial Insurance risks.
The successful applicant will be taking over an existing book of business. Therefore you must have a natural talent for developing and maintaining client relationships and continuing the new business growth through consistent quality work standards. This is an exciting opportunity that offers stability and excellent ongoing career development opportunity.
You will be a team player with outstanding communication skills and be able to provide advice and support to commercial and corporate clients on all levels. In return you can expect a generous basic salary, strong bonus earnings, and excellent company benefits, including car allowance, pension and private medical insurance.
Responsibilities:
- Accountability for and existing book of clients, targeting new business and client marketing, lead development and coordinating support team to deliver business growth.
- Articulating the sales plans effectively and mentor, support and manage new business pipelines with staff and team members.
- Actively building relationships with a broad mix of Corporate and Commercial clients and managing cross selling opportunities.
- Managing the sales process, monitoring and understanding the leads pipeline with individual client needs and providing best solutions.
- Contributing to the teams sales strategy.
- Accountability for adherences to business processes, systems and procedures.
- Responsible for compliance with regulatory requirements and business procedures.
Key Skills and Qualifications:
- Mid-Corporate / Commercial Insurance risks experience and knowledge.
- Insurance industry qualifications (Cert CII, Diploma CII or ACII).
- Excellent communication, presentation and client relationship management skills.
- Strong technical commercial insurance knowledge.
- Outstanding negotiation skills with ability to influence decisions based on facts and best advice.
- A team player, approachable with positive interpersonal skills.
- Strong business acumen with analytical and problem solving skills.
- Proven background in Business Development.
- Strong technical insurance knowledge.
- PC literate with ability to learn new systems and use insurance industry IT software efficiently.
- Good understanding of compliance and FCA regulation.
Commercial Account Executive in Watford employer: DreamSearch Ltd
DreamSearch Ltd is an exceptional employer located in Watford, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, the company provides extensive training and development opportunities, alongside the enticing prospect of uncapped bonuses for high performers. Join a team that values your expertise in commercial insurance while enjoying the flexibility of hybrid working arrangements.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Account Executive in Watford
✨Tip Number 1
Network with professionals in the insurance industry, especially those who have experience in corporate and commercial sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Research the company thoroughly to understand their values, culture, and recent developments. This knowledge will help you tailor your conversations and demonstrate your genuine interest during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed client relationships and driven business growth in your previous roles. Use metrics to highlight your achievements and show your impact.
✨Tip Number 4
Familiarise yourself with the regulatory requirements and compliance standards relevant to the role. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to best practices.
We think you need these skills to ace Commercial Account Executive in Watford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in Corporate/Commercial Insurance. Emphasise your achievements in business development and client relationship management, as these are key for the role.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for the insurance industry and your understanding of Mid-Corporate/Commercial Insurance risks. Mention specific examples of how you've successfully managed client relationships and driven new business growth.
Highlight Relevant Qualifications:Clearly list your insurance industry qualifications such as Cert CII, Diploma CII, or ACII in your application. This will demonstrate your commitment to professional development and your technical knowledge.
Showcase Communication Skills:In both your CV and cover letter, provide examples of your outstanding communication and negotiation skills. Highlight situations where you influenced decisions or provided valuable advice to clients, as this is crucial for the role.
How to prepare for a job interview at DreamSearch Ltd
✨Showcase Your Technical Knowledge
Make sure to highlight your understanding of Mid-Corporate and Commercial Insurance risks during the interview. Be prepared to discuss specific examples from your past experience that demonstrate your technical expertise and how it can benefit the company.
✨Demonstrate Relationship-Building Skills
Since the role involves managing an existing book of clients, it's crucial to showcase your ability to develop and maintain client relationships. Share stories that illustrate your success in building rapport and trust with clients, as well as how you've contributed to business growth.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving and negotiation skills. Prepare for scenario-based questions where you might need to explain how you would handle specific client situations or challenges in the sales process. This will show your analytical thinking and ability to provide tailored solutions.
✨Understand the Company's Culture and Values
Research the company's culture and values before the interview. Being able to articulate how your personal values align with theirs can set you apart. It shows that you're not just looking for a job, but that you're genuinely interested in being part of their team and contributing to their long-term success.
