At a Glance
- Tasks: Grow your own portfolio while managing an existing book of clients.
- Company: Dynamic commercial insurance firm in London with a supportive team.
- Benefits: Competitive salary plus bonuses and opportunities for professional growth.
- Other info: Autonomy to innovate and expand your client base with a solid foundation.
- Why this job: Take charge of your career and make a real impact in the insurance sector.
- Qualifications: Experience in commercial insurance and strong relationship-building skills.
The predicted salary is between 40000 - 50000 £ per year.
This role is built for a driven Commercial Account Executive who thrives on winning new business and growing a portfolio. You'll inherit an existing book from day one, but the real focus is on developing new client relationships, increasing GWP, and expanding the portfolio to £500,000 and beyond. You’ll be trusted to operate in the market, build your own pipeline, and convert opportunities while maintaining strong relationships with your existing clients.
What you’ll be doing:
- Taking ownership of an inherited book while prioritising new business growth
- Building and executing a clear plan to grow the portfolio to £500,000 GWP
- Actively prospecting, networking, and generating new commercial opportunities
- Converting leads into long‑term clients through strong relationship building
- Advising clients across commercial lines with a focus on property and real estate risks
- Leading insurer negotiations and placing cover for new and existing clients
- Identifying cross‑sell opportunities and expanding client accounts
- Keeping ahead of market trends, insurer appetite, and opportunities in the sector
- Maintaining accurate records on Acturis and ensuring compliance at all times
- Representing the business professionally in the market with clients and insurer partners
What we’re looking for:
- Proven success in new business development within commercial insurance
- Strong knowledge of property and real estate insurance risks
- Experience growing and developing a book of business
- Confident, self‑motivated, and comfortable working autonomously
- Strong insurer relationships and negotiation skills
- Cert CII qualified or working towards
- Good working knowledge of Acturis and Microsoft Office
- Clear understanding of FCA requirements and compliance standards
Why this role stands out:
You’ll have the autonomy to build something meaningful, with the backing of a supportive team and a live book that gives you a strong starting point while you focus on winning new business.
Commercial Insurance Executive: Grow Your Book to £500k GWP employer: LNJ Recruitment
Join a dynamic and supportive team in London where your entrepreneurial spirit can thrive as a Commercial Insurance Executive. With a competitive salary and bonus structure, you'll enjoy the autonomy to grow your portfolio while benefiting from an existing book of business. Our culture fosters professional development and strong client relationships, making it an ideal environment for ambitious individuals looking to make a significant impact in the commercial insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Executive: Grow Your Book to £500k GWP
✨Tip Number 1
Network like a pro! Attend industry events, join relevant groups on LinkedIn, and connect with people in the commercial insurance space. The more relationships you build, the easier it’ll be to find new opportunities and grow your book.
✨Tip Number 2
Don’t just wait for leads to come to you. Be proactive! Reach out to potential clients, follow up on leads, and always be on the lookout for new business. Remember, the goal is to expand that portfolio to £500k GWP!
✨Tip Number 3
Showcase your expertise! Share insights about property and real estate risks on social media or through blogs. This not only positions you as a knowledgeable professional but also attracts potential clients who need your services.
✨Tip Number 4
Apply through our website! We’re all about making connections and finding the right fit. By applying directly, you’ll get noticed and have a better chance of landing that role where you can really shine.
We think you need these skills to ace Commercial Insurance Executive: Grow Your Book to £500k GWP
Some tips for your application 🫡
Show Off Your Experience:Make sure to highlight your proven success in new business development within commercial insurance. We want to see how you've grown and developed a book of business, so don’t hold back on those achievements!
Tailor Your Application:Take the time to customise your application for this role. Mention your strong knowledge of property and real estate insurance risks, and how you plan to build and execute a clear plan to grow the portfolio to £500,000 GWP.
Be Confident and Authentic:Let your personality shine through! We’re looking for someone who is confident, self-motivated, and comfortable working autonomously. Show us who you are and why you’d be a great fit for our team.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at LNJ Recruitment
✨Know Your Numbers
Before the interview, make sure you’re familiar with key metrics related to commercial insurance, especially around GWP. Be ready to discuss how you've successfully grown a book in the past and what strategies you used to achieve those results.
✨Showcase Your Networking Skills
Since this role involves actively prospecting and building relationships, prepare examples of how you've successfully networked in the past. Think about specific instances where your networking led to new business opportunities or strengthened existing client relationships.
✨Demonstrate Market Knowledge
Stay updated on current trends in the property and real estate insurance market. During the interview, share insights on recent developments and how they could impact potential clients. This shows that you’re proactive and knowledgeable, which is crucial for this role.
✨Prepare for Negotiation Scenarios
Given the importance of insurer negotiations in this position, be prepared to discuss your negotiation style and tactics. Consider role-playing common scenarios with a friend beforehand to refine your approach and boost your confidence.
