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- Tasks: Generate and secure new commercial business opportunities in the insurance sector.
- Company: Leading insurance business with a focus on growth and innovation.
- Benefits: Comprehensive training, 25 days holiday, free parking, and a supportive environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Proven track record in commercial insurance sales and strong negotiation skills.
- Other info: Opportunity for career development and support towards professional qualifications.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a leading Insurance Business offering a wide range of products and services, is looking for an experienced Commercial New Business Executive to join their team. As Commercial New Business Executive, you will be responsible for generating and securing new Commercial business opportunities and play a key role in delivering the company's sales strategy and driving growth.
The ideal candidate will have experience in a New Business role, with a proven track record of converting new business, handling renewals, and building long-standing relationships within the Insurance industry.
What you will do as New Business Executive:
- Deliver personal sales targets by identifying, prospecting, and securing new Commercial clients
- Drive growth in key commercial sectors including Motor Trade, Manufacturing Building and Allied Trades, Property Owners, Retail, Wholesalers, and Fleet
- Develop and execute sales strategies using market research, sector knowledge, and competitor insights to identify and convert opportunities
- Build and maintain strong, long-term client relationships, delivering tailored insurance solutions
- Identify opportunities to introduce and refer the business's wider proposition, including Financial Services, Risk Management Services, and Health & Safety Consultancy
- Maintain up-to-date knowledge of insurance products, regulatory changes, market trends, and sales techniques
What they need a New Business Executive to have:
- Proven track record of successful Commercial insurance sales
- Experience managing high value cases
- Strong interpersonal and negotiation skills
- Ability to consistently deliver against targets
What they offer:
- Comprehensive training and development, including technical knowledge and sales skills
- Support towards CII qualifications
- A supportive and friendly working environment
- 25 days' holiday plus bank holidays
- Free parking
- Company pension scheme
If you think you have the relevant skills and experience required to be a great match for this role, send your CV through today or contact the office to discuss in more detail.
Locations
Commercial New Business Account Executive in Colchester, Essex employer: Employment Specialists Ltd
Contact Detail:
Employment Specialists Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial New Business Account Executive in Colchester, Essex
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can lead to opportunities that aren’t even advertised!
✨Tip Number 2
Research is key! Before any interview, dive deep into the company’s background, their products, and recent news. This will not only help you tailor your pitch but also show them you’re genuinely interested in what they do.
✨Tip Number 3
Practice your pitch! You need to be able to sell yourself just like you would sell their insurance products. Prepare a short, engaging summary of your experience and achievements that highlights how you can drive growth for them.
✨Tip Number 4
Don’t forget to follow up! After interviews or networking events, drop a quick thank-you email. It keeps you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great way to reinforce those connections!
We think you need these skills to ace Commercial New Business Account Executive in Colchester, Essex
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial New Business Executive role. Highlight your experience in generating new business and building client relationships, as these are key for us. Use specific examples that showcase your success in the insurance industry.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your proven track record in commercial sales and how you can drive growth in key sectors. Keep it engaging and personal!
Showcase Your Skills: Don’t forget to highlight your strong interpersonal and negotiation skills in your application. We want to see how you’ve successfully managed high-value cases and consistently delivered against targets. Be specific about your achievements!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Employment Specialists Ltd
✨Know Your Stuff
Make sure you brush up on the latest trends in the insurance industry, especially around commercial products. Familiarise yourself with the company's offerings and how they stack up against competitors. This will show that you're not just interested in the role but also invested in the industry.
✨Showcase Your Success
Prepare to discuss specific examples of your past successes in generating new business. Use the STAR method (Situation, Task, Action, Result) to structure your answers. Highlight how you’ve met or exceeded sales targets and built long-term client relationships.
✨Ask Smart Questions
Come prepared with insightful questions about the company’s sales strategy and growth plans. This demonstrates your interest in the role and helps you gauge if the company aligns with your career goals. Think about asking how they measure success for a New Business Executive.
✨Be Personable
Since strong interpersonal skills are key for this role, make sure to showcase your personality during the interview. Build rapport with your interviewers by being friendly and engaging. Remember, they’re looking for someone who can connect with clients as well as colleagues.
