At a Glance
- Tasks: Drive sales growth in the Property & Casualty market and build strategic partnerships.
- Company: Join a pioneering Insurtech revolutionising the insurance industry with innovative technology.
- Benefits: Competitive salary, commission scheme, flexible working, and wellness support.
- Other info: Enjoy hybrid working, generous holiday allowance, and continuous learning opportunities.
- Why this job: Be part of a dynamic team changing how insurers deliver value and differentiation.
- Qualifications: 5+ years in Property & Casualty insurance sales with a proven track record.
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 employer: Instanda
At INSTANDA, we pride ourselves on being a forward-thinking employer that champions innovation and employee growth. Our dynamic work culture fosters collaboration and creativity, allowing Sales Executives to thrive in a supportive environment while driving significant revenue growth in the Property and Casualty market. With competitive benefits, including a generous holiday allowance, wellness support, and a commitment to professional development, we empower our team to excel and make a meaningful impact in the insurance technology landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Sales Executive, Property and Casualty
✨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 on the Property and Casualty market. They’ll love your knowledge and it’ll set you apart from the crowd.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out to companies you admire, like INSTANDA, and express your interest in joining their team. You never know what opportunities might arise!
✨Tip Number 4
Prepare for interviews by practising your pitch. Highlight your sales achievements and how you can drive revenue growth. Remember, confidence is key, so own your experience and show them why you’re the perfect fit!
We think you need these skills to ace Sales Executive, Property and Casualty
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 ability to drive revenue growth.
Showcase Your Strategic Thinking:In your application, don’t just list your past roles; explain how you've developed and executed successful sales strategies. We love candidates who can think outside the box and have a clear vision for driving business growth.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about 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 related to mid-tier or enterprise deals. Be ready to discuss how you've structured and negotiated deals that made a significant impact. Use metrics to back up your claims – numbers speak volumes!
✨Understand INSTANDA's Value Proposition
Familiarise yourself with INSTANDA’s no-code platform and how it revolutionises the insurance industry. Be prepared to discuss how you can leverage this technology to drive growth and build strategic partnerships. Showing that you understand their unique selling points will set you apart.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your strategic thinking and interest in the company’s future. Inquire about their revenue strategy, upcoming projects, or how they measure success in the sales team. This shows that you’re not just looking for a job, but are genuinely invested in contributing to their growth.