Commercial Account Executive

Commercial Account Executive

Bath Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Commercial Account Executive, managing diverse insurance needs for businesses.
  • Company: We're a leading broking firm based in Bath, known for our stability and growth opportunities.
  • Benefits: Enjoy a negotiable salary, bonus structure, and a range of perks like pension and holiday discounts.
  • Why this job: This role offers a chance to develop your skills in a supportive environment while making a real impact.
  • Qualifications: You should have commercial insurance knowledge and excellent communication skills.
  • Other info: This is a long-term opportunity with training and development support to help you grow.

The predicted salary is between 36000 - 60000 £ per year.

We are currently looking for a Commercial Account Executive to join the successful and experienced regional team based out of the new offices in Bath. The Commercial Account Executive is central to the regional operations and will deal with a variety of classes of insurance for various business types and sizes. Access to various, sometimes unique market wordings and online underwriting systems will give you a strong position in finding the most appropriate insurances to suit clients' demands and needs. This is a long term and progressive opportunity with a stable and key broking location. You will need commercial insurance knowledge either from a specific sector or generic cross class.

The day to day:

  • Meet and deliver against your agreed Renewal Retention and/or New Business targets, contributing towards overall budget objectives & KPI’s.
  • Complete all roles and tasks as required, ensuring you adhere to procedures and policies at all times.
  • Creating a customer-led culture where sales and customer standards, discipline, activities, and best practice are delivered.
  • Client visits, presentations to insurers, obtaining and submitting best in market quotations for new business or renewals.
  • Debt Management - ensure all monies are collected and allocated appropriately and keep line manager informed of any current, potential or perceived problems with bad debt.
  • Manage and prioritise your diaries/tasks, these are to be kept up to date.
  • Complete any training that is deemed necessary for your role and complete the actions set in line with your plan.
  • Ensure all training is completed to deadline set for you and your team. Log all training and development on your Continuous Professional Development Plan (CPD).

What’s on offer:

  • Negotiable basic salary.
  • Bonus Structure.
  • Wide range of additional addon benefits and discounts (Pension, Holiday etc).

Your experience:

  • Good knowledge of broking commercial insurance risks across various business lines.
  • Experience of commerce and industry and familiarity with markets and economic trends.
  • Ability to develop and maintain business contacts and goodwill.
  • Excellent interpersonal, written and verbal communication skills.
  • Ability to prepare and present reports.
  • Pro-active and self-motivated.
  • Strong planning and organisation skills to meet deadlines.
  • Attention to detail.
  • Co-operative and supportive team player.

Commercial Account Executive employer: Heat Recruitment Ltd

Join a dynamic and supportive team in Bath, where your role as a Commercial Account Executive will be pivotal to our regional success. We offer a competitive salary, a robust bonus structure, and a range of benefits designed to enhance your work-life balance and professional growth. With access to unique market opportunities and a culture that prioritises client satisfaction and teamwork, you'll find a rewarding environment that fosters both personal and career development.
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Contact Detail:

Heat Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Account Executive

✨Tip Number 1

Familiarise yourself with the local insurance market in Bath. Understanding the specific needs and trends of businesses in the area can give you an edge during interviews and client interactions.

✨Tip Number 2

Network with professionals in the commercial insurance sector. Attend industry events or join relevant online forums to build connections that could lead to referrals or insights about the role.

✨Tip Number 3

Brush up on your presentation skills. As the role involves client visits and presentations to insurers, being able to communicate effectively and confidently will set you apart from other candidates.

✨Tip Number 4

Stay updated on the latest trends in commercial insurance. Being knowledgeable about current market conditions and economic factors will demonstrate your commitment and expertise during discussions with potential employers.

We think you need these skills to ace Commercial Account Executive

Commercial Insurance Knowledge
Client Relationship Management
Sales and Negotiation Skills
Interpersonal Skills
Written and Verbal Communication Skills
Presentation Skills
Debt Management
Time Management
Organisational Skills
Attention to Detail
Proactive Approach
Team Collaboration
Market Awareness
Continuous Professional Development (CPD) Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance and showcases your knowledge of broking risks. Use specific examples that demonstrate your ability to meet targets and manage client relationships.

Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of the role and the company. Mention your experience with various business lines and how you can contribute to creating a customer-led culture.

Highlight Key Skills: In your application, emphasise your interpersonal, communication, and organisational skills. Provide examples of how you've successfully managed tasks and maintained business contacts in previous roles.

Show Enthusiasm for Continuous Learning: Mention your commitment to professional development and any relevant training you've completed. This shows that you're proactive and willing to grow within the role, aligning with the company's expectations.

How to prepare for a job interview at Heat Recruitment Ltd

✨Showcase Your Insurance Knowledge

Make sure to brush up on your commercial insurance knowledge before the interview. Be prepared to discuss specific sectors you are familiar with and how they relate to the role. This will demonstrate your expertise and understanding of the industry.

✨Prepare for Client Interaction Scenarios

Since the role involves client visits and presentations, think of examples from your past experiences where you've successfully managed client relationships. Be ready to discuss how you handle objections and ensure customer satisfaction.

✨Demonstrate Your Organisational Skills

The job requires strong planning and organisation skills. During the interview, share how you manage your tasks and priorities effectively. You could mention tools or methods you use to keep your diary up to date and meet deadlines.

✨Highlight Your Team Player Attitude

As a Commercial Account Executive, being a co-operative and supportive team player is crucial. Prepare examples that showcase your ability to work well within a team, support colleagues, and contribute to a positive work environment.

Commercial Account Executive
Heat Recruitment Ltd
H
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