At a Glance
- Tasks: Manage renewals and adjustments for SME and Mid-Market Commercial Insurance policies.
- Company: Join a leading independent Insurance Brokerage in the Midlands with a strong reputation.
- Benefits: Enjoy a competitive salary, hybrid working, and support for professional qualifications.
- Why this job: Great opportunity for growth in a friendly team focused on quality customer service.
- Qualifications: 2+ years in Commercial Insurance; Cert CII preferred.
- Other info: No new business required; focus on existing client relationships.
The predicted salary is between 28000 - 42000 £ per year.
I am pleased to be working with one of the most established, independent Insurance Brokerages in the midlands who are looking for an Insurance Account Broker to join their flagship Coventry branch. There is no new business required in this role and you would be responsible for handling the Renewals and mid-term adjustments for SME and Mid-Market Commercial Insurance policies. There is a huge opportunity for progression in this role and you will have the opportunity to grow, complete qualifications and progress within a friendly team.
INSURANCE ACCOUNT BROKER RESPONSIBILITIES:
- Take over an existing book of Commercial Insurance Business covering a range of Commercial policies from SME to Mid-market Commercial Combined.
- Provide a market leading broking service, focused on providing quality customer service and positive outcomes for their clients.
- Maintaining business relationships with clients.
- Trading with insurers to obtain best possible terms for our end customers.
- Scheduling and attending meetings.
- Researching insurance policies and products.
- Negotiating policy terms and costs with insurance providers.
- Dealing with problems constructively, looking to solve the root cause of day to day issues faced, engaging with the team leaders and management.
BENEFITS:
- Competitive salary up to £35,000 DOE
- CII Qualification support
- Hybrid Working - 2 days working from home each week
- 25 days Plus bank holidays
- Death in service
THE PERSON:
Minimum of 2 years working as an Account Broker, Account Handler, or Account Manager within the Commercial Insurance Industry. Cert CII preferred.
TO APPLY:
If you are an experienced Insurance Broker, Account Manager, or Account Handler with the required skills, please send your CV for immediate consideration. We are currently shortlisting for interviews.
Insurance Broker employer: Get Recruited
Contact Detail:
Get Recruited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Broker
✨Tip Number 1
Network with professionals in the insurance industry, especially those who work in commercial insurance. Attend local events or join online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Research the specific types of SME and Mid-Market Commercial Insurance policies that the brokerage handles. Familiarising yourself with their offerings will help you speak confidently about how you can contribute to their team.
✨Tip Number 3
Prepare to discuss your experience with renewals and mid-term adjustments during the interview. Highlight any successful negotiations you've had with insurers to demonstrate your ability to secure the best terms for clients.
✨Tip Number 4
Show enthusiasm for professional development by mentioning any relevant qualifications you are pursuing or plan to pursue, such as the Cert CII. This will indicate your commitment to growth within the company.
We think you need these skills to ace Insurance Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as an Account Broker, Account Handler, or Account Manager in the Commercial Insurance Industry. Emphasise your skills in handling renewals and mid-term adjustments, as well as your ability to maintain client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your understanding of the role. Mention specific experiences where you provided excellent customer service or successfully negotiated policy terms.
Highlight Relevant Qualifications: If you have the Cert CII qualification or are working towards it, make sure to mention this prominently in your application. This shows your commitment to professional development and aligns with the company's support for qualifications.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the insurance industry.
How to prepare for a job interview at Get Recruited
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of commercial insurance policies, especially those relevant to SME and mid-market clients. Being able to discuss specific products and their benefits will show your expertise and confidence.
✨Demonstrate Customer Service Skills
Since the role focuses on providing quality customer service, prepare examples of how you've successfully managed client relationships in the past. Highlight any instances where you resolved issues or improved client satisfaction.
✨Prepare for Negotiation Scenarios
As negotiating policy terms is a key part of the job, think about your negotiation strategies. Be ready to discuss how you would approach negotiations with insurers to secure the best terms for clients.
✨Show Enthusiasm for Progression
The company values growth and progression, so express your eagerness to develop your skills and qualifications. Share your career aspirations and how they align with the opportunities available within the organisation.