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- Tasks: Convert commercial insurance leads and provide clear insurance advice to SME firms.
- Company: Join a rapidly scaling commercial insurance brokerage in Glasgow with a professional vibe.
- Benefits: Enjoy a hybrid work model, a competitive salary, and a 30% bonus on new business income.
- Why this job: Build your status as an Executive without the hassle of hunting for new business.
- Qualifications: Ideal for ambitious handlers or existing Executives seeking a fresh opportunity.
- Other info: Experience a supportive environment without the clunkiness of a global business.
The predicted salary is between 40000 - 60000 £ per year.
Development Executive required for this rapidly scaling commercial insurance brokerage in Glasgow.
In this newly created position, your core remit here is to convert commercial insurance leads generated via two key corporate partnerships and from a panel of professional practices.
You’ll be working with SME level firms with turnovers from £500k to around £15m across all main areas of the SME marketplace.
You’ll be providing clear insurance advice to these businesses across their main commercial insurance requirements including everything from property and liability through to cyber, financial lines and fleet.
From a support perspective, you’ll have all your handling, claims, admin and placement work managed for you leaving you to fully focus on the conversion if business from your corporate partnerships.
You’ll receive a bonus of 30% on all your new business income up and above the base salary of between £40,000 and £60,000.
You’ll be working on a hybrid basis splitting your time between the city centre office, out seeing clients and catching up with admin from home.
It’s a superb opportunity for you to build your status as an Executive in the Scottish market without any of the drawbacks in having to hunt for new business.
The vibe here is that of a professional independent business where you benefit from all the brilliant support you need to be successful, without the hierarchy or clunkiness of a global business.
This would be a great first Exec position if you are an ambitious handler or a great sideways move for an existing Executive looking to get back to independent broking.
Development Executive employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Executive
✨Tip Number 1
Familiarize yourself with the commercial insurance landscape in Scotland, especially focusing on SME needs. Understanding the specific challenges and requirements of businesses with turnovers between £500k and £15m will give you an edge in conversations.
✨Tip Number 2
Network with professionals in the insurance and SME sectors. Attend local industry events or join relevant online forums to connect with potential clients and partners, which can help you leverage the corporate partnerships mentioned in the job description.
✨Tip Number 3
Prepare to showcase your ability to provide clear and effective insurance advice. Think about how you can communicate complex insurance concepts simply and effectively, as this will be crucial in converting leads into business.
✨Tip Number 4
Highlight your experience with client management and relationship building. Since you'll be working closely with SMEs, demonstrating your ability to foster strong relationships will be key to your success in this role.
We think you need these skills to ace Development Executive
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Development Executive. Highlight your experience in converting leads and providing clear insurance advice, especially in the SME sector.
Tailor Your CV: Customize your CV to reflect your relevant experience in commercial insurance and your ability to work with SME level firms. Emphasize any previous roles where you've successfully converted leads or managed client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples of how your skills align with the job requirements, particularly your experience with corporate partnerships and insurance products.
Highlight Your Achievements: In both your CV and cover letter, include quantifiable achievements that demonstrate your success in sales or client management. This could be in terms of revenue generated, number of clients acquired, or successful projects completed.
How to prepare for a job interview at IDEX Consulting
✨Understand the Commercial Insurance Landscape
Make sure you have a solid grasp of the commercial insurance market, especially regarding SME needs. Familiarize yourself with key products like property, liability, cyber, and financial lines to demonstrate your expertise during the interview.
✨Highlight Your Relationship-Building Skills
Since this role involves converting leads from corporate partnerships, be prepared to discuss your experience in building and maintaining professional relationships. Share specific examples of how you've successfully engaged clients in the past.
✨Showcase Your Sales Acumen
Prepare to talk about your sales strategies and successes. Discuss how you approach lead conversion and what techniques you use to close deals, as this will be crucial for the role.
✨Emphasize Your Adaptability
Given the hybrid working model, it's important to convey your ability to work independently and manage your time effectively. Share experiences where you've successfully balanced client meetings, admin tasks, and remote work.
