At a Glance
- Tasks: Make outbound sales calls and find new business opportunities using our CRM database.
- Company: Join a dynamic insurance firm based in Leicester with a supportive team.
- Benefits: Earn a competitive salary plus commission, with 25 days holiday and bank holidays.
- Other info: Office-based role with a Monday to Friday schedule and great career growth potential.
- Why this job: Kickstart your career in insurance and make a real impact on businesses.
- Qualifications: Experience in commercial insurance and strong communication skills are essential.
Salary: circa £30,000 per year + commission bonus
25 days + Bank Holidays increasing with length of service
Hours: Monday to Friday, 9:00 AM - 5:00 PM
Location: Office-based (5 days a week)
Job Purpose
We are looking for an experienced insurance professional who can hit the ground running with one of our clients based in Leicester. Your main goal will be to use their existing database to find new leads, make outbound sales calls, and bring in new business income.
- Make Sales Calls: Proactively call potential business clients from their CRM database to find new opportunities.
- Handle Enquiries: Respond to phone calls and emails from clients and brokers in a friendly, helpful way.
- Find the Right Cover: Chat with clients to understand their business risks and find the best policies to protect them.
- Get & Present Quotes: Work with insurance underwriters to get competitive pricing and explain the options clearly to the client.
- Close the Deal: Send out the paperwork and terms of business once a client verbally agrees to a quote.
- Keep Clean Records: Keep our computer system updated with accurate client notes.
Experience Needed & What is Required for Each Area
Because you need to start making an impact straight away, you must have a strong background in commercial insurance and be confident handling the following products:
- Property Insurance: Protecting the physical buildings, tools, and stock that a business owns from damage like fire, theft, or flood. You must know how to assess a business's physical assets to get accurate property quotes from underwriters.
- Business Interruption Insurance: Covering a business's lost income and ongoing bills if they are forced to temporarily close down due to a disaster like a fire. You need to be comfortable discussing 'worst-case timelines' with clients.
- Liabilities (Employers & Public Liability): Protecting a business from the massive costs of being sued if an employee gets hurt at work or if a member of the public gets hurt/has their property damaged. You must understand how to quote these essential covers based on the business's trade, number of staff, and their annual turnover.
- Commercial Specialist Policies (PI, D&O, Cyber & Contractors): Standard business protections including advice-based mistakes, lawsuits against company directors, hacking/scams, and construction site risks. You should have a solid working knowledge of these policies.
- Systems & Rules: Using insurance database software daily and keeping everything legal and compliant. You must be used to logging accurate client notes and following standard Financial Conduct Authority (FCA) data protection rules when selling.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
New Business Sales Executive in Lutterworth employer: Hays Business Support
Join a dynamic team in Leicester as a New Business Sales Executive, where your expertise in commercial insurance will be valued and rewarded. With a competitive salary, generous holiday allowance, and a supportive work culture that prioritises employee growth, you'll have the opportunity to thrive in a role that directly impacts our clients' success. Our office-based environment fosters collaboration and innovation, making it an ideal place for professionals looking to make a meaningful contribution while advancing their careers.
StudySmarter Expert Advice🤫
We think this is how you could land New Business Sales Executive in Lutterworth
✨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 Hays Business Support). 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 Hays Business Support. 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 New Business Sales Executive in Lutterworth
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 Hays Business Support.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hays Business Support. 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 Hays Business Support
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hays Business Support 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 Hays Business Support, 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 Hays Business Support'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.
