Insurance Sales Manager

Insurance Sales Manager

Taunton Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead and grow sales through broker channels while managing key accounts.
  • Company: Join a prestigious Blue-Chip Organisation in the insurance industry.
  • Benefits: Enjoy competitive compensation and opportunities for professional growth.
  • Why this job: Make an impact by building long-term relationships and driving account profitability.
  • Qualifications: Experience in the South West broker market and a strong sales background required.
  • Other info: Ideal for those looking to work with commercial clients at a larger scale.

The predicted salary is between 43200 - 72000 £ per year.

A Blue-Chip Organisation that works within the insurance industry is looking to appoint a Sales Manager to develop and maintain sales through broker channels. This is an excellent opportunity for a BDM / Sales Manager wanting to deal with more commercial clients at a larger scale. About the Role: The Broker Relationship/Sales Manager will focus on account profitability as well as GWP and will take a strategic view of all channels rather than a one-dimensional sales approach. This role will be predominantly about managing and maximising accounts rather than generating new channels. Some Key Responsibilities : Strive to achieve and exceed monthly volume and case count goals while upholding the minimum requirements for fieldwork. To create and carry out a business plan to achieve the assigned portfolio\’s growth, and profitability. Maintain long-term relationships and retention with brokers by using your expertise and the tools available. Required Skills: A thorough knowledge of the South West broker market is essential for this position; ideally with a previous focus on Personal Lines or Commercial Insurance products. You should be a strategic account manager with a solid sales background in a broker-facing role. Experience within a similar role in either insurance or financial services/banking. Location:

Insurance Sales Manager employer: IPS Group Careers

Join a prestigious Blue-Chip Organisation in the insurance industry, where you will thrive in a dynamic work culture that values strategic thinking and relationship building. With a focus on employee growth, we offer comprehensive training and development opportunities to enhance your skills and advance your career. Located in the South West, our team enjoys a collaborative environment that fosters innovation and rewards success, making it an ideal place for driven professionals looking to make a meaningful impact.
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Contact Detail:

IPS Group Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Sales Manager

Tip Number 1

Familiarize yourself with the South West broker market. Understanding the key players and trends will give you an edge in discussions and help you build rapport with potential brokers.

Tip Number 2

Network within the insurance industry, especially with professionals who have experience in broker-facing roles. Attend industry events or join relevant online forums to connect with others and gain insights.

Tip Number 3

Prepare to discuss your strategic approach to account management. Be ready to share examples of how you've successfully managed accounts in the past and how you plan to apply those strategies in this role.

Tip Number 4

Showcase your understanding of both Personal Lines and Commercial Insurance products. Being knowledgeable about these areas will demonstrate your expertise and ability to manage diverse accounts effectively.

We think you need these skills to ace Insurance Sales Manager

Broker Relationship Management
Strategic Account Management
Sales Strategy Development
Commercial Insurance Knowledge
Personal Lines Insurance Expertise
Market Analysis
Account Profitability Optimization
Business Planning
Client Retention Strategies
Sales Performance Metrics
Communication Skills
Negotiation Skills
Networking Abilities
Problem-Solving Skills
Financial Services Knowledge

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and required skills. Tailor your application to highlight your experience in managing broker relationships and your knowledge of the South West broker market.

Highlight Relevant Experience: In your CV and cover letter, emphasize your previous roles in sales management, particularly those that involved working with brokers or in the insurance industry. Use specific examples to demonstrate your strategic account management skills.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your passion for the insurance industry and your understanding of the commercial client landscape. Mention how you plan to achieve the assigned portfolio's growth and profitability.

Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.

How to prepare for a job interview at IPS Group Careers

Know Your Market

Make sure to research the South West broker market thoroughly. Understand the key players, trends, and challenges in the industry. This knowledge will help you demonstrate your expertise and show that you're well-prepared for the role.

Highlight Your Strategic Approach

Be ready to discuss your experience with strategic account management. Share specific examples of how you've developed and maintained profitable relationships with brokers, focusing on long-term growth rather than just short-term sales.

Prepare a Business Plan

Since the role involves creating and executing a business plan, come prepared with a high-level outline of how you would approach this task. Discuss your strategies for achieving growth and profitability within the assigned portfolio.

Showcase Your Sales Achievements

Be prepared to talk about your past sales achievements, especially in broker-facing roles. Use metrics and specific examples to illustrate how you've met or exceeded goals, as this will demonstrate your capability to succeed in this position.

Insurance Sales Manager
IPS Group Careers
I
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