Account Executive

Account Executive

Gloucester Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As an Account Executive, you'll manage client relationships and drive sales through effective communication.
  • Company: Join Lloyd & Whyte, part of Benefact Group, a charity-owned financial services leader.
  • Benefits: Enjoy 28 days annual leave, your birthday off, health benefits, and support for professional qualifications.
  • Why this job: Be part of a top-rated company focused on community impact and personal growth in a collaborative culture.
  • Qualifications: You need a Chartered Insurance Institute Certificate and experience in the UK commercial insurance industry.
  • Other info: We value diversity and welcome applications from all backgrounds; support is available throughout the recruitment process.

The predicted salary is between 28800 - 48000 £ per year.

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Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Account Executive to join our Community Broking team in our Gloucester office.

As an Account Executive, you will deliver sales income targets through effective sales and relationship management techniques. Conducting effective client review meetings with existing and new clients to maximise business opportunities supporting the business strategy.

Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK\’s top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group—where all profits go to charity and good causes.

What you\’ll be doing

  • Provide professional support and advice to clients by delivering exceptional levels of service, providing holistic insurance reviews whilst maximising appropriate cross selling opportunities, to ultimately exceed client expectations and ensure individual needs are met.
  • Identification of new prospects, decision makers and tender dates, using own research being proactive to outbound call and run individual national and regional campaigns.
  • Where appropriate, provide a comprehensive search of the market to ensure a competitive products are offered in accordance with the clients’ needs
  • Ongoing focus on relationship management with existing key clients through client review meetings and other forms of communication.
  • Work with underwriters to administer new business policies within company guidelines.

What you\’ll need to have

  • Chartered Insurance Institute Certificate in Insurance.
  • Proven experience in and expert knowledge of the UK commercial insurance industry.
  • Confident ability to communicate, manage relationships and build rapport with clients face to face to provide an excellent client experience.
  • Ability to work in a regulated, compliant and client focused environment.
  • Resourceful, organised and deadline driven with good time management and self-motivation.

What makes you stand out

  • Chartered Insurance Institute Diploma in Insurance (or willing to work towards).

What we offer

  • 28days annual leave plus bank holidays
  • Your birthday off
  • An array of health and wellbeing benefits, company cash plan, income protection and life assurance
  • Enhanced sick pay and parental leave
  • Support and funding toward study and professional qualifications
  • Paid time off for volunteering

Hear from the hiring manager

“Lloyd & Whyte Community broking is focused on bringing insurance back to the community! Focusing on delivering excellent client service and solving client’s cover and claims issues. A team in Gloucester is a sign of our ambitions to grow our business in the town where our parent company are based, the Benefact Group\”

– Paul Short, Managing Director of Community Broking Division & Membership Plans

Lloyd & Whyte offer a range of specialist insurance services to a variety of clients. Our specialisms range from niche scheme insurance for Healthcare professionals to expert insurance for commercial motor vehicles and professional broker-to-broker insurance services. We also have a wide range of personal insurance services that cover homeowners from standard houses through to thatch & listed character properties and high value homes. The Lloyd & Whyte Group is split into five different client divisions which include multiple companies and brands.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating aninclusive culture and building an environment where each and every one of usfeels valued and respected. We are a community made up of people with arange of different backgrounds, abilities, perspectives, beliefs and interestsand we value the strength this brings to us as a Group. We welcome applicationsfrom everyone.

If you need any additional support during therecruitment process, then please let us know.

*Directory of Social Change’s UK Guides to Company Giving 2017-26

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Account Executive employer: Ecclesiastical Insurance Group

Lloyd & Whyte, part of the Benefact Group, is an exceptional employer located in Gloucester, offering a collaborative and inclusive work culture that prioritises employee growth and development. With a commitment to making a positive impact through charitable giving, employees enjoy generous benefits including 28 days of annual leave, professional development support, and a focus on wellbeing, all while working in a company ranked among the UK's top 50 Best Large Companies to Work For in 2024.
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Contact Detail:

Ecclesiastical Insurance Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Account Executive

✨Tip Number 1

Familiarise yourself with the specific insurance products and services offered by Lloyd & Whyte. Understanding their unique offerings will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Lloyd & Whyte on platforms like LinkedIn. This can provide you with insider insights about the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 3

Prepare to discuss your experience in relationship management and sales strategies. Be ready to share specific examples of how you've successfully built client relationships and exceeded sales targets in previous roles.

✨Tip Number 4

Research the charitable initiatives of Benefact Group. Being knowledgeable about their commitment to giving back can help you align your personal values with the company's mission, making you a more attractive candidate.

We think you need these skills to ace Account Executive

Sales Techniques
Relationship Management
Client Communication
Market Research
Cross-Selling Skills
Time Management
Organisational Skills
Insurance Industry Knowledge
Regulatory Compliance
Proactive Outreach
Client Review Meetings
Problem-Solving Skills
Self-Motivation
Team Collaboration

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of an Account Executive at Lloyd & Whyte. Tailor your application to highlight relevant experience in sales and relationship management.

Highlight Relevant Experience: In your CV and cover letter, emphasise your proven experience in the UK commercial insurance industry. Use specific examples to demonstrate how you've successfully managed client relationships and exceeded sales targets.

Showcase Your Skills: Clearly outline your communication skills and ability to work in a regulated environment. Mention any relevant qualifications, such as the Chartered Insurance Institute Certificate, and express your willingness to pursue further qualifications.

Personalise Your Application: Make your application stand out by personalising it. Reference the company’s commitment to community and charity, and explain why you want to be part of a team that focuses on delivering excellent client service.

How to prepare for a job interview at Ecclesiastical Insurance Group

✨Know Your Insurance Stuff

Make sure you brush up on your knowledge of the UK commercial insurance industry. Be prepared to discuss specific products and how they meet client needs, as this will show your expertise and confidence in the field.

✨Showcase Your Relationship Management Skills

Since the role involves a lot of client interaction, be ready to share examples of how you've successfully built and maintained relationships in previous roles. Highlight your communication skills and ability to exceed client expectations.

✨Demonstrate Proactivity

The job requires identifying new prospects and being proactive in outreach. Prepare to discuss how you've taken initiative in past roles, whether through outbound calls or running campaigns, to drive sales and engagement.

✨Align with Their Values

Lloyd & Whyte emphasises community and charity. Familiarise yourself with their mission and values, and be ready to explain how your personal values align with theirs. This will help you stand out as a candidate who fits their culture.

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