At a Glance
- Tasks: Generate and win new business while building strong client relationships.
- Company: Established independent insurance broker with a supportive team culture.
- Benefits: Competitive salary, commission, and tailored benefits package.
- Other info: Clear route for career progression in a dynamic environment.
- Why this job: Kickstart your career in insurance with growth opportunities and training support.
- Qualifications: Experience in any insurance area; attitude and potential matter most.
The predicted salary is between 29700 - 36300 £ per year.
A well established independent insurance broker is looking for an Account Executive to join its Hemel Hempstead office. This is a great move for someone with insurance experience who wants a career built around winning new business and growing their own client portfolio.
You don't need to have come from a broking background. The client is open to people from any area of insurance (underwriting, claims, administration, account handling or elsewhere) as long as you have a genuine drive to learn, develop and succeed in a client facing role.
The role
- Generate and win new business, developing your own pipeline of clients.
- Build strong relationships with prospective and existing clients, understanding their needs and arranging the right cover.
- Manage the new business process from first enquiry through to placement.
- Work with insurers to negotiate terms and secure competitive quotes.
- Present options clearly to clients and support them through the buying process.
- Work with colleagues to deliver an excellent service and support renewals and retention.
- Keep accurate records and meet regulatory and compliance requirements.
About you
- Experience working in insurance, in any area.
- Your background is less important than your attitude and potential.
- An understanding of how to manage and progress new business opportunities.
- A motivated, ambitious approach and a real willingness to learn and develop.
- Strong communication and relationship building skills.
- Commercially minded, organised and comfortable working to targets.
- CII qualifications are a bonus but not essential, and support to study is available.
What's on offer
- A competitive salary, tailored to your experience.
- Commission, so your results are rewarded.
- A competitive benefits package.
- Training and career development within a growing business.
- A supportive team and a clear route to progress.
Interested?
If you'd like to know more, or you'd like a confidential conversation about the role, please get in touch or apply with your CV.
Account Executive employer: IPS Group
Join a dynamic and supportive team at our well-established insurance brokerage, where your expertise as an Account Executive/Account Director will be valued and nurtured. We offer a collaborative work culture that prioritises professional development, providing you with opportunities to enhance your skills and advance your career in the thriving commercial insurance sector. Located in a vibrant area, our company also promotes a healthy work-life balance, ensuring that you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Account 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 IPS Group). 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 IPS Group. 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 Account 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 IPS Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IPS Group. 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 IPS Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IPS Group 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 IPS Group, 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 IPS Group'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.
