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- Tasks: Advise and place commercial insurance for diverse SME clients while building lasting relationships.
- Company: Established brokerage with a strong reputation and supportive team culture.
- Benefits: Competitive salary, commission structure, and opportunities for career growth.
- Other info: Dynamic role with a focus on compliance and professional development.
- Why this job: Join a respected brokerage and make a real impact in the SME insurance sector.
- Qualifications: Experience in sales and a passion for delivering high-quality client advice.
The predicted salary is between 35000 - 40000 £ per year.
Salary: £35,000 - £40,000 basic (DOE) with a 15% Commission
Our well-established broker, part of a wider group, is looking to appoint a desk-based SME Insurance Account Executive to join its growing broking arm. This role will focus on advising and placing commercial insurance risks for a broad SME client base, working within a professional, compliant, and sales-driven environment.
You will be dealing with a varied book of SME clients including tradesmen, hotels, retail, and hospitality businesses, providing tailored insurance solutions and building long-term client relationships. If you enjoy selling, developing business, and delivering high-quality advice within a regulated environment, this is a strong opportunity to grow your career with a respected brokerage.
The role will involve managing and developing a portfolio of SME commercial clients, providing advice across core commercial insurance products and proactively prospecting, quoting, and converting new business opportunities. You will identify cross-sell and upsell opportunities within the existing client base, negotiate terms with insurers to achieve competitive outcomes, and ensure all activity is carried out in line with FCA and compliance standards, while consistently delivering a professional, consultative sales experience.
SME Insurance Account Executive employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SME Insurance Account Executive
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Practice your pitch! You’ll want to be able to clearly articulate your experience and how it relates to the SME Insurance Account Executive role. Role-play with friends or family to get comfortable talking about your skills and achievements.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Plus, it’s a great chance to reiterate why you’re the perfect fit!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, applying directly can sometimes give you an edge over other candidates. So, what are you waiting for? Get applying!
We think you need these skills to ace SME Insurance Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the SME Insurance Account Executive role. Highlight your sales experience and any relevant insurance knowledge to show us you’re the right fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about insurance and how you can contribute to our team. Be specific about your achievements and how they relate to the job.
Showcase Your Client Relationship Skills: Since this role involves building long-term relationships with clients, make sure to include examples of how you've successfully managed client accounts in the past. We want to see your consultative approach in action!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at IPS Group
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of commercial insurance products. Understand the specific needs of SME clients, like tradesmen and hospitality businesses, so you can speak confidently about how you can provide tailored solutions.
✨Showcase Your Sales Skills
Prepare to discuss your previous sales experiences and how you've successfully developed client relationships. Be ready with examples of how you've identified cross-sell and upsell opportunities in the past, as this will demonstrate your ability to grow a portfolio.
✨Understand Compliance Standards
Familiarise yourself with FCA regulations and compliance standards relevant to the insurance industry. Being able to articulate how you ensure compliance while delivering a consultative sales experience will set you apart from other candidates.
✨Ask Insightful Questions
Prepare thoughtful questions about the brokerage's approach to client management and their expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.