At a Glance
- Tasks: Drive sales growth in the Property and Casualty insurance sector with innovative strategies.
- Company: Join INSTANDA, a pioneering Insurtech revolutionising the insurance industry.
- Benefits: Competitive salary, commissions, flexible working, and generous holiday allowance.
- Other info: Enjoy a hybrid work environment and opportunities for professional development.
- Why this job: Be part of a dynamic team transforming insurance technology and making a real impact.
- Qualifications: 5+ years in insurance sales with a proven track record of success.
The predicted salary is between 50000 - 65000 € per year.
We're pushing the boundaries of Insurance Technology. INSTANDA is the world's first no code platform for Insurance. A pioneering Insurtech, we're revolutionising the insurance industry by offering insurers a versatile tool to create, manage, and distribute digital insurance products. Our innovative technology empowers insurance carriers to adapt swiftly to market demands and navigate the evolving landscape. Our Technology is consistently recognised as the best policy administration platform for innovative insurers, winning awards in both the UK and US. INSTANDA has grown significantly in recent years and we are now a team of 200+ employees globally, with partnerships that operate worldwide. We're continuing to grow our business and our Sales team is at the forefront of our growth plans.
The Role: We are looking for an experienced Sales Executive, with proven Insurance sales experience to come and join our team. You will spearhead our expansion efforts in UK & EMEA, and will be instrumental in delivering INSTANDA's revenue growth within the Property & Casualty market. You will leverage your experience of solution based selling to drive growth, and have accountability for building strategic partnerships. Using your industry experience you will define and deliver the revenue strategy and help build brand awareness with presence at key conferences and events. You'll have access to a proven and effective playbook, and extensive evidence of success across our existing portfolio of clients to support winning new clients. In addition, you will have a strong support team comprised of highly experienced sales and marketing professionals, to aid the sales process. This role is UK based, primarily remote working with some travel required to our London Office.
What you will do:
- Revenue Strategy: Develop a comprehensive sales execution plan that aligns market segments, sales resources, marketing approaches and channels to the revenue financial plan. Deliver a route to target GTM plan that comprises all the tools at your disposal, including campaigns, events, partnerships and alliances etc. Collaborate with the commercial team, finance, product management, and marketing on messaging, pricing strategies, and business models to achieve revenue goals. Proactively review sales performance vs sales plan, creating a detailed plan to manage revenue that is at risk.
- Leadership: Identify and resolve issues across marketing/sales and account management function. Ensure collaboration with the broader GTM team to ensure the most effective approach to building your business.
- Pipeline Management: Develop a clear sales pipeline (route to target) that includes the methodology to move opportunities from leads to close. This includes following the Instanda sales stages, % probability of close by stage, criteria for stage advancement, involvement of key sales resources in each stage, and accurate opportunity forecasting. Develop and execute the sales process, ensuring deals have clear pursuit strategies, stakeholder plans, appropriate internal resources to win, and professional sales presentations/proposals. Lead contract negotiation sessions with the client and key internal stakeholders. Be accountable for building a pipeline that ensures consistent and reliable forecast and wins.
- Partner sales management: Identify additional sales related partner channels to expand the opportunity network; technology partners, influencers, potential resellers. Ensure partners are motivated to recommend INSTANDA; provide executive sponsorship to partner sales resources. Adhere to INSTANDA's information security policies, guidelines and best practices to protect our company and our clients. Contribute to a culture of security awareness within the company.
What we're looking for:
- 5+ years, sales experience within the Property and Casualty (P&C) insurance sector.
- Proven track record of winning new business and growing revenue through mid-tier/enterprise sales deals.
- Experience of structuring, negotiating, and executing deals that have driven a material, financial and strategic impact for current or past organisations.
- Ability to think strategically and thoughtfully, to ensure INSTANDA is pursuing the right opportunities that will yield the most impact - financially and strategically.
- Deep knowledge of the Insurance sector, spanning P&C including MGAs.
- Executive presence and communication, with the ability to influence.
- Excellent communication and interpersonal skills and an articulate presenter of solutions.
- Strong business and commercial acumen, with a bias towards execution.
- Strong analytical, problem-solving, and decision-making skills with the ability to leverage data/insights to drive action and results.
- Highly entrepreneurial, with an 'owners' mindset.
- Inspirational leadership style and hands-on approach.
- SaaS and Policy Administration experience would be advantageous.
- Think outside of the box, drive innovation in your approach and be part of a business that is changing how insurers can deliver differentiation and value.
Benefits:
- Competitive salary
- Competitive commission scheme is in operation for all sales roles
- 28 days holiday allowance, in addition to public holidays. For every year of service you complete, we'll give you an additional days holiday (max. 5 days)
- One Dynamic Day per month on top of your holiday allowance to spend time doing the things you want to do or simply catching up with life admin.
- Freedom Pass work up to 4 weeks of the year from anywhere.
- FlexiBank you decide when to use your public holiday allocation.
- Hybrid Working approach varying with the nature of your role.
- Life cover; income protection and participation in the company pension scheme
- £100 per month to put towards wellness activities.
- Annual learning & development allowance of £1,250
- Free access to LinkedIn learning and Microsoft ESI learning platform.
Sales Executive, Property and Casualty in London employer: Instanda
INSTANDA is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the rapidly evolving Insurtech landscape. With a strong focus on employee growth, we provide extensive learning opportunities, competitive benefits, and a flexible working environment that empowers our team to thrive both professionally and personally. Join us in revolutionising the insurance industry while enjoying the perks of a supportive and forward-thinking workplace based in the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Sales Executive, Property and Casualty in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. The more people you know, the better your chances of landing that Sales Executive gig.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, share your insights about the Property and Casualty market. It’ll show them you’re not just another candidate, but someone who knows their stuff.
✨Tip Number 3
Prepare for those interviews! Research INSTANDA and come armed with questions that show you’re genuinely interested in how they’re revolutionising the insurance industry. It’s all about making a great impression!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our innovative team at INSTANDA.
We think you need these skills to ace Sales Executive, Property and Casualty in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Sales Executive role. Highlight your experience in the Property and Casualty insurance sector and any relevant achievements that showcase your sales prowess. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about Insurtech and how your skills align with our mission at INSTANDA. Be sure to mention specific experiences that demonstrate your solution-based selling approach.
Showcase Your Achievements:When detailing your past roles, focus on quantifiable achievements. Did you exceed sales targets? Build strategic partnerships? We love numbers, so let us know how you made an impact in your previous positions!
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 on joining our innovative team at INSTANDA!
How to prepare for a job interview at Instanda
✨Know Your Stuff
Make sure you brush up on your knowledge of the Property and Casualty insurance sector. Understand the latest trends, challenges, and opportunities in the market. This will not only help you answer questions confidently but also show that you're genuinely interested in the role and the industry.
✨Showcase Your Sales Success
Prepare specific examples of your past sales achievements, especially those that demonstrate your ability to win new business and grow revenue. Use the STAR method (Situation, Task, Action, Result) to structure your responses, making it easy for the interviewer to see your impact.
✨Understand INSTANDA's Value Proposition
Familiarise yourself with INSTANDA's no-code platform and how it revolutionises the insurance industry. Be ready to discuss how you can leverage this technology to drive sales and build strategic partnerships. Showing that you understand their unique selling points will set you apart.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's growth plans, team dynamics, and how success is measured in the Sales Executive role. This not only shows your enthusiasm but also helps you gauge if the company culture aligns with your values and work style.