Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to support client relationships and achieve business targets in a dynamic environment.
- Company: Lloyd & Whyte, part of Benefact Group, is a leading insurance provider with a charitable mission.
- Benefits: Enjoy 28 days leave, a bonus scheme, and support for your professional development.
- Why this job: Kickstart your insurance career with tailored training and a focus on personal growth in a supportive culture.
- Qualifications: Experience in the UK Insurance Industry and strong communication skills are essential.
- Other info: We value diversity and welcome applications from all backgrounds.
The predicted salary is between 24000 - 36000 £ per year.
Salary: Circa £30,000.00 (depending on experience) plus bonus package
Working hours: 35 hours per week
Duration: Permanent
Location: Somerset / Devon
About the role
Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Trainee Account Executive to join our Community Broking team, based in their Taunton office. This role will be part of a personalised development and training plan, with a view to progressing to Account Executive level within a 12-18 month period; the ideal next step for those wishing to progress within their insurance career. The core purpose of this role will be to help deliver existing and new business income targets, focusing on the provision of expert client advice, relationship building and sales as well as pipeline management supporting the business strategy. Joining our rapidly expanding and innovative Group presents a fantastic opportunity to develop your career and become an integral part of an inclusive, purpose-led organisation.
Key responsibilities
- Achieve individual and team targets as set and agreed
- Provision of existing business client service; dealing and assisting with client queries, mid-term adjustments, and renewals
- Supporting business managers with the identification of new prospects, decision-makers, and renewal dates, using own research, building prospect databases, and being proactive in support of new business strategy
- Handling and supporting with the potential reorganisation of new leads and client meetings
- Maintain a comprehensive diary system and activity log to manage day-to-day income generation
- Provide professional support and advice to customers through client review methods delivering high levels of service ensuring clients’ needs are met and expectations are exceeded
- Ongoing focus on relationship management with existing key clients through various channels
- Work closely with Insurance Consultants and Account Handlers to administer both new and existing policies
- Ensure there is focus on collection of client money within company guidelines
- Maintain and develop own technical competence in line with client review focus
- To be professional when representing Lloyd & Whyte CB at external events, e.g., relevant conferences/events and customer visits
- Support colleagues from all areas of the business as required
Knowledge, skills and experience
- Demonstrable experience within the UK Insurance Industry
- Previous experience within an Insurance Adviser/Consultant role
- Chartered Insurance Institute Certificate in Insurance (hold or working towards)
- Confident and capable in communicating, managing relationships, and building rapport with clients face to face to provide an excellent client experience
- Ability to provide holistic, advice-based reviews and recommendations to clients
- Tenacious, positive and proactive towards new challenges and opportunities
- Motivated & enthusiastic towards meeting and exceeding targets
- Resourceful, organised, and deadline-driven with good time management and self-motivation
What we offer
- 28 days annual leave plus bank holidays
- Your birthday off
- Group Personal Pension
- Bonus scheme
- A holiday buy scheme
- An array of health and wellbeing benefits, company cash plan, income protection, and life assurance
- Enhanced sick pay and parental leave
- Support and funding toward study and professional qualifications
- Paid time off for volunteering
Lloyd & Whyte offer a range of specialist insurance services to a variety of clients. Our specialisms range from niche scheme insurance for healthcare professionals to expert insurance for commercial motor vehicles and professional broker-to-broker insurance services. We also have a wide range of personal insurance services that cover homeowners from standard houses through to thatch & listed character properties and high-value homes.
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history, and the diversity of what we do, have enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs, and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
Trainee Account Executive employer: Lloyd & Whyte
Contact Detail:
Lloyd & Whyte Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trainee Account Executive
✨Tip Number 1
Familiarise yourself with the insurance industry, especially the specific areas that Lloyd & Whyte focuses on. Understanding niche schemes and the types of clients they serve will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, particularly those who have experience in account management or broking. Attend industry events or join relevant online forums to build connections that could provide insights or referrals.
✨Tip Number 3
Demonstrate your proactive approach by researching potential clients and their needs before your interview. This shows initiative and a genuine interest in the role, which can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you would manage client relationships effectively. Think of examples from your past experiences where you've successfully built rapport or resolved issues, as this is crucial for the Trainee Account Executive role.
We think you need these skills to ace Trainee Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the UK Insurance Industry. Emphasise any previous roles as an Insurance Adviser or Consultant, and showcase your skills in client relationship management and sales.
Craft a Compelling Cover Letter: Write a cover letter that reflects your enthusiasm for the Trainee Account Executive role. Mention your motivation to progress within the insurance sector and how your skills align with the responsibilities outlined in the job description.
Highlight Relevant Qualifications: If you hold or are working towards the Chartered Insurance Institute Certificate in Insurance, make sure to mention this prominently. This qualification is particularly relevant to the role and shows your commitment to professional development.
Showcase Your Soft Skills: In your application, highlight your communication skills, ability to build rapport with clients, and your proactive approach to challenges. These soft skills are crucial for success in the role and should be evident in your written application.
How to prepare for a job interview at Lloyd & Whyte
✨Research the Company
Before your interview, take some time to learn about Lloyd & Whyte and the Benefact Group. Understand their values, mission, and the services they offer. This will help you tailor your answers and show genuine interest in the role.
✨Prepare for Common Questions
Anticipate questions related to your experience in the UK insurance industry and your approach to client relationship management. Be ready to discuss how you've handled challenges in previous roles and how you can contribute to achieving business targets.
✨Showcase Your Communication Skills
As a Trainee Account Executive, strong communication is key. Practice articulating your thoughts clearly and confidently. Use examples from your past experiences to demonstrate your ability to build rapport with clients and provide excellent service.
✨Ask Insightful Questions
At the end of the interview, be prepared to ask thoughtful questions about the team dynamics, training opportunities, and the company's future goals. This shows your enthusiasm for the role and helps you assess if it's the right fit for you.
