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- Tasks: Drive new business and manage relationships with retail brokers in the London Market.
- Company: Established wholesale insurance broker with a strong presence in the London Market.
- Benefits: Competitive salary, comprehensive benefits, and career progression opportunities.
- Why this job: Join a dynamic team and make an impact in the insurance industry.
- Qualifications: Cert CII required; Dip CII or ACII preferred, with three years' experience in P&C insurance.
- Other info: Strong focus on professional development and staying updated with market trends.
The predicted salary is between 36000 - 60000 £ per year.
An established wholesale insurance broker operating in the London Market is seeking an experienced Account Executive to join its Property & Casualty (Wholesale) team. This is an exciting opportunity to work with a dynamic business that values expertise, client relationships, and growth.
In this role as an Account Executive within the Property and Casualty team, you will be responsible for driving profitable new business and delivering high-quality placement outcomes for UK Property & Casualty risks. You will engage with retail brokers to generate enquiries, qualify and collect risk information, present competitive terms, and close sales. You will also negotiate coverage, wording, and pricing with insurers, manage renewals, and proactively grow your portfolio through new business opportunities. A key part of your role will be maintaining strong relationships with retail brokers and ensuring that risks are placed effectively in the London Market. You will manage your pipeline to achieve portfolio retention and growth while staying up to date with market trends and product knowledge. Compliance with FCA requirements and internal policies will also be essential.
To succeed in this role, you will need to hold a Cert CII qualification, with Dip CII or ACII being desirable. You should have a minimum of three years’ experience in UK Property & Casualty insurance and demonstrate strong sales and negotiation skills. You will need technical knowledge of P&C classes and experience with London Market placement. Excellent organisational and communication skills, combined with commercial acumen, will be key to your success.
You will join a respected broker with a strong presence in the London Market. The company offers a competitive salary, a comprehensive benefits package, and opportunities for professional development and career progression.
Wholesale Commercial Account Executive in London employer: hays-gcj-v4-pd-online
Contact Detail:
hays-gcj-v4-pd-online Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wholesale Commercial Account Executive in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they operate in the London Market. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! You need to be able to sell yourself just like you would sell an insurance policy. Highlight your experience, skills, and what makes you a great fit for the Account Executive role. Confidence is key!
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar. Plus, it’s a great chance to reiterate why you’re the perfect fit.
We think you need these skills to ace Wholesale Commercial Account Executive in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Wholesale Commercial Account Executive role. Highlight your experience in UK Property & Casualty insurance and any relevant qualifications like Cert CII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your sales and negotiation skills, as they’re key for us.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to drive profitable new business. We love numbers, so if you can quantify your success, do it! It helps us see the impact you've made in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at hays-gcj-v4-pd-online
✨Know Your Stuff
Make sure you brush up on your knowledge of UK Property & Casualty insurance. Understand the key classes and recent market trends, as this will show your expertise and readiness to engage with retail brokers.
✨Showcase Your Sales Skills
Prepare examples of your past successes in sales and negotiation. Be ready to discuss how you've driven new business and managed renewals, as this is crucial for the role.
✨Build Rapport
Since maintaining strong relationships with retail brokers is key, practice how you'll establish rapport during the interview. Think about how you can demonstrate your communication skills and ability to connect with clients.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to risk placement and their expectations for the Account Executive role. This shows your genuine interest and helps you assess if the company is the right fit for you.
