At a Glance
- Tasks: Build your own pipeline and manage the full sales cycle for trade credit insurance.
- Company: Join a respected insurance broking group with a focus on complex risks.
- Benefits: Enjoy 25 days' holiday, private medical cover, and a supportive culture.
- Other info: Opportunities for career growth in a passionate, specialist team.
- Why this job: Make an impact by winning new clients and expanding your portfolio in a flexible role.
- Qualifications: Proven track record in new business development and strong interpersonal skills.
The predicted salary is between 41850 - 51150 £ per year.
Insure Recruitment is partnering with a highly regarded specialist insurance broking group, known for handling complex and high-stakes risks that others tend to avoid. Due to continued growth, their Trade Credit team is looking for a commercially driven Business Development Executive to win new clients and expand their portfolio. This is a nationwide role with genuine flexibility on location for the right person, and a chance to join a passionate, specialist team that values strong market relationships.
Open to candidates from outside insurance. Our client welcomes applications from proven new business professionals already in the insurance market, as well as sales-focused people from trade credit or closely related areas such as finance, banking, credit risk or wider commercial sales.
What you'll be doing:
- Building your own pipeline of trade credit insurance opportunities
- Managing the full sales cycle, from first conversation through to onboarding
- Getting to know clients' industries and risks so solutions are properly tailored
- Presenting the business's proposition and negotiating with insurers
- Keeping up with market trends and spotting new opportunities for growth
What you'll bring:
- A proven track record in new business development (essential)
- If you're new to trade credit, a real commitment to learning a new line of business
- Strong interpersonal, negotiation and presentation skills
- Ambition, drive and the flexibility to hit targets
- A customer-focused, strategic mindset
- A willingness to share knowledge and support the wider team
- An understanding of FCA regulation and compliance
What's on offer:
- 25 days' holiday plus an extra half-day off in your birthday month
- Company pension scheme
- Private medical cover
- Life insurance, income protection and sick pay
- Charity and volunteering days
- A supportive, inclusive culture with clear room to develop your career
Business Development Executive employer: Insure Recruitment
Join a thriving insurance business in Taunton, where your career as an Insurance Advisor can flourish with comprehensive training and industry-recognised qualifications. Our supportive, people-first culture prioritises your growth, offering clear progression opportunities and a range of benefits including life assurance, income protection, and lifestyle discounts. Experience a dynamic work environment that values exceptional customer service and fosters lasting relationships, making every day rewarding and unique.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Insure Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Insure Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Business Development Executive
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Insure Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Insure Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Insure Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Insure Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Insure Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Insure Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.