At a Glance
- Tasks: Manage commercial accounts, handle renewals, and negotiate with insurers.
- Company: Join a highly respected broker known for its substantial growth and client focus.
- Benefits: Enjoy competitive perks and opportunities for professional development.
- Why this job: Be part of a dynamic team that values your input and fosters growth.
- Qualifications: Experience in commercial account handling is preferred; knowledge of SME to mid-market clients is a plus.
- Other info: This role offers exposure to diverse classes of commercial business.
The predicted salary is between 36000 - 60000 £ per year.
Job description
A highly respected broker are looking to appoint an experienced Commercial Account Handler to join their team.
The Role
Due to substantial growth this well respected broker are looking to recruit a Commercial Account Handler to service a portfolio of commercial business.
You will be handling all aspects of the accounts through renewals, adjustments, queries and any other issues that may arise. In addition to this, you will be actively involved in the broking of new business to market – liaising with insurers and negotiating the best possible terms.
You will be responsible for dealing with a wide range of classes of commercial business including Property, Liability, Combined, Package, Fleet and Trade amongst others. These clients will generally be larger SME to Mid-market clients, so exposure to these risks would be an advantage.
Commercial Account Handler employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Handler
✨Tip Number 1
Familiarise yourself with the specific types of commercial insurance products mentioned in the job description, such as Property, Liability, and Fleet. Understanding these areas will help you speak confidently about your experience and how it relates to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work with brokers or in commercial account handling. Attend industry events or join relevant online forums to make connections that could lead to valuable insights or referrals.
✨Tip Number 3
Research the broker's reputation and recent developments in their business. Being knowledgeable about their growth and market position will allow you to tailor your conversations and demonstrate your genuine interest in joining their team.
✨Tip Number 4
Prepare to discuss your negotiation skills and any successful outcomes you've achieved in previous roles. Since the position involves liaising with insurers and negotiating terms, showcasing your ability to secure favourable deals will set you apart from other candidates.
We think you need these skills to ace Commercial Account Handler
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Commercial Account Handler. Familiarise yourself with terms like renewals, adjustments, and broking new business to market.
Tailor Your CV: Highlight your relevant experience in handling commercial accounts, especially with SME to Mid-market clients. Include specific examples of how you've managed renewals, negotiations, and queries in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the insurance industry and your ability to negotiate terms with insurers. Mention any specific classes of commercial business you have experience with, such as Property or Liability.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial in the role of a Commercial Account Handler.
How to prepare for a job interview at IDEX Consulting
✨Know Your Commercial Insurance Basics
Make sure you have a solid understanding of the different classes of commercial insurance, such as Property, Liability, and Fleet. Being able to discuss these topics confidently will show your expertise and readiness for the role.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like dealing with a difficult client or negotiating terms with insurers. Think of examples from your past experience that demonstrate your problem-solving skills and ability to manage accounts effectively.
✨Research the Broker
Familiarise yourself with the broker's reputation, values, and recent news. This knowledge will help you tailor your answers and show genuine interest in the company, which can set you apart from other candidates.
✨Showcase Your Communication Skills
As a Commercial Account Handler, you'll need to liaise with clients and insurers regularly. Be prepared to demonstrate your communication skills during the interview, whether through clear answers or by asking insightful questions about the role and the company.