Commercial Account Executive (Marine Insurance) in Cardiff

Commercial Account Executive (Marine Insurance) in Cardiff

Cardiff Full-Time 50000 - 70000 £ / year (est.) Home office (partial)
IDEX Consulting

At a Glance

  • Tasks: Manage a £200k - £250k revenue book in marine insurance and develop client relationships.
  • Company: Established independent Chartered Insurance Broker with a strong reputation.
  • Benefits: Salary of £50k - £70k, bonuses, training, and private healthcare.
  • Other info: Supportive environment with excellent career progression and a commitment to diversity and inclusion.
  • Why this job: Specialise in marine insurance while enjoying coastal drives and client interactions.
  • Qualifications: Experience as a Commercial Account Executive with a focus on commercial combined/package insurance.

The predicted salary is between 50000 - 70000 £ per year.

Not only is there a £200k - £250k revenue book to inherit here, this is a rare opportunity for a Commercial Account Executive who would like to specialize in the interesting world of marine insurance. As you can probably guess, a lot of these clients are along the coasts of the UK, meaning you'll have some amazing drives to look forward to! You'll service clients including vessel owners and operators, marinas, boat builders, boatyards, terminals and sailing clubs amongst others!

Typical marine covers including Hull and Machinery, P&I, Marine Liability and Marine Trade. This is ideal if you're particularly strong in the commercial combined/package class of business, have an interest in boats and all things marine, plus are a serviced orientated Commercial Account Executive with a track record of developing £25k - £30k of new business per year.

Our client is a well-established, independent Chartered Insurance Broker with a strong reputation across the commercial insurance market. With more than 50 years' experience and offices across the South West and London, they are recognised for delivering specialist, relationship-led advice to a diverse client base. The business has developed a particularly strong reputation within niche and specialist sectors including marine, property, education, technology and private client insurance, combining technical expertise with a genuinely client-focused approach.

As an independent broker, they pride themselves on providing tailored solutions rather than a transactional service, with long-standing client relationships and excellent staff retention underpinning their continued growth.

What's on offer?

  • A salary in the £50k - £70k range is on offer including bonus structure to incentive retention, growth and new business.
  • The business offers a highly supportive and collaborative environment with a strong commitment to employee development, professional qualifications and long-term career progression.
  • Employees benefit from structured training, specialist technical support, wellbeing initiatives and access to private healthcare/wellbeing schemes, alongside the opportunity to work within an award-winning independent brokerage with excellent staff retention and a modern, people-focused culture.

A bit about you:

  • You bring a track record being a Commercial Account Executive at an Insurance Broker.
  • You'll ideally have dealt with the odd marine client, but as long as you have a strong commercial combined/package insurance background with an interest in specializing in marine, you will be considered.
  • You pride yourself on your retention rate and typically renew 95% or more of your clients year on year.
  • Whilst there is a good sized, existing book to inherit, you will be expected to grow your account organically and will need to show a track record of developing at least £25k - £30k of new business per year.
  • You can be based anywhere across the country, but there is preference to hire someone in the South West, Wales, South East or Midlands.

This is one of a kind opportunity which does not come up often. If you're intrigued to have a conversation, please express initial interest.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

Commercial Account Executive (Marine Insurance) in Cardiff employer: IDEX Consulting

Join a well-established, independent Chartered Insurance Broker with over 50 years of experience, renowned for its specialist, relationship-led approach in marine insurance. Enjoy a supportive and collaborative work environment that prioritises employee development, offering structured training, professional qualifications, and access to private healthcare. With a strong commitment to diversity and inclusion, this company fosters a modern culture where your contributions are valued, making it an excellent place for meaningful career growth.

IDEX Consulting

Contact Details:

IDEX Consulting Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Commercial Account Executive (Marine Insurance) in Cardiff

Network Like a Pro

Get out there and connect with people in the marine insurance world! Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential clients or colleagues on LinkedIn. We all know that who you know can sometimes matter just as much as what you know!

Show Off Your Passion

When you’re chatting with potential employers or clients, let your enthusiasm for marine insurance shine through! Share stories about your experiences and interests in the marine sector. We want to see that you’re not just in it for the job, but because you genuinely love the field.

Tailor Your Approach

Every client is different, so make sure you tailor your pitch to their specific needs. Do your homework on their business and think about how your skills can help them. We believe that a personalised approach can really set you apart from the competition!

Apply Through Our Website

If you’re keen on this role, don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re always looking for passionate individuals who want to grow with us in the exciting world of marine insurance.

We think you need these skills to ace Commercial Account Executive (Marine Insurance) in Cardiff

Marine Insurance Knowledge
Commercial Combined/Package Insurance Expertise
Client Relationship Management
Business Development
Retention Strategies
Sales Skills
Communication Skills

Some tips for your application 🫡

Show Your Passion for Marine Insurance:When writing your application, let your enthusiasm for marine insurance shine through! Mention any relevant experiences or interests you have in the marine world, whether it's sailing, boating, or working with marine clients. We love to see candidates who are genuinely excited about the industry.

Highlight Your Track Record:Make sure to showcase your achievements as a Commercial Account Executive. Talk about your success in developing new business and retaining clients. If you've consistently hit those £25k - £30k targets, we want to hear about it! Numbers speak volumes, so don’t be shy.

Tailor Your Application:Don’t just send a generic application! Take the time to tailor your CV and cover letter to this specific role. Mention how your skills align with the job description and why you’re a perfect fit for our team. We appreciate when candidates take the extra step to connect their experience with what we’re looking for.

Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you get the attention you deserve. Plus, it’s super easy to do! Just follow the prompts and let us know why you’d be a great addition to our team.

How to prepare for a job interview at IDEX Consulting

Know Your Marine Insurance Basics

Before the interview, brush up on key marine insurance concepts like Hull and Machinery, P&I, and Marine Liability. Being able to discuss these topics confidently will show your genuine interest in the field and help you stand out.

Showcase Your Client Retention Skills

Prepare specific examples of how you've maintained high client retention rates in your previous roles. Highlighting your success in renewing 95% or more of your clients will demonstrate your value as a Commercial Account Executive.

Demonstrate Your Business Development Track Record

Be ready to discuss how you've developed new business in the past, particularly focusing on achieving £25k - £30k of new business per year. This will illustrate your ability to grow the existing book and align with the company's expectations.

Express Your Passion for Marine and Client Relationships

Share your enthusiasm for marine activities and how it connects to your professional life. Emphasising your commitment to building long-term relationships with clients will resonate well with the company's culture and values.