At a Glance
- Tasks: Be the go-to person for new and existing insurance clients, managing a diverse portfolio.
- Company: Join a dynamic team in Glasgow, specializing in commercial insurance solutions.
- Benefits: Enjoy a competitive salary with hybrid work options and opportunities for professional growth.
- Why this job: Make an impact by providing tailored insurance solutions while building valuable client relationships.
- Qualifications: Proven experience in winning and retaining commercial insurance business is essential.
- Other info: Attend networking events and seminars to expand your industry knowledge and connections.
The predicted salary is between 43200 - 72000 £ per year.
Job title: Commerical Account Executive Salary:£competitive Location:Glasgow/Hybrid Purpose of the role: Act as first point of contact for new and existing insurance clients within the SME, mid and largecommercial insurancebrokingmarketplace.Provide tailored insurancesto clients. Key responsibilities: Develop, winandmanage a portfolio of commercial insurance clients. Provide a broking service to clients in line with commercial insurance productneedsincluding EL, PL, motor, motor fleet, property, commercial combined, etc. Buildand tailorbe-spokeinsuranceprogrammes. Provide anethical, professional and cost-effective broking service. Adhere to company and FCA regulations and guidelines. Identify new business and cross-sell opportunities. Attend seminars and networking events. Prepare market presentationsand submissions. KeepActurisrecords up to date. Adhered to company and FCA regulations and guidelines. Experience: Track record ofwinning and retainingnew and existing commercial insurance business risks. Comprehensive knowledge of commercial insurance products including motor, property, EL, PL, commercial combined, business interruption, etc. Ability …
Commercial Account Executive employer: Lawes Consulting Group
Contact Detail:
Lawes Consulting Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive
✨Tip Number 1
Familiarize yourself with the latest trends in the commercial insurance market. Understanding the current landscape will help you engage more effectively with potential clients and demonstrate your expertise during networking events.
✨Tip Number 2
Network actively within the industry. Attend seminars and local events related to commercial insurance to meet potential clients and industry peers. Building relationships can lead to valuable referrals and insights.
✨Tip Number 3
Prepare to discuss specific case studies or examples of how you've successfully managed commercial insurance portfolios in the past. This will showcase your experience and ability to provide tailored solutions to clients.
✨Tip Number 4
Stay updated on FCA regulations and guidelines. Being knowledgeable about compliance will not only enhance your credibility but also ensure that you can provide ethical and professional services to your clients.
We think you need these skills to ace Commercial Account Executive
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Commercial Account Executive position. Understand the key responsibilities and required experience, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your track record in winning and retaining commercial insurance business. Provide specific examples of how you've developed and managed client portfolios in the past.
Showcase Your Knowledge: Demonstrate your comprehensive knowledge of commercial insurance products. Mention specific products like EL, PL, motor, and property insurance, and how you have successfully worked with them in previous roles.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the company's values and how you can contribute to their success. Mention your ability to provide ethical and cost-effective broking services, as well as your experience with networking and attending industry events.
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Insurance Products
Make sure you have a solid understanding of the various commercial insurance products mentioned in the job description, such as EL, PL, and motor insurance. Being able to discuss these confidently will show your expertise and readiness for the role.
✨Demonstrate Your Sales Skills
Prepare examples from your past experiences where you've successfully won and retained clients. Highlight specific strategies you used to identify new business opportunities and how you managed client relationships.
✨Understand Regulatory Compliance
Familiarize yourself with the FCA regulations and guidelines relevant to the insurance industry. Be ready to discuss how you ensure compliance in your work and why it’s important for maintaining ethical standards.
✨Engage in Networking Strategies
Since attending seminars and networking events is part of the role, think about how you can leverage your networking skills. Share any relevant experiences where you built valuable connections that led to business opportunities.