At a Glance
- Tasks: Build client relationships and drive new business in commercial insurance.
- Company: Dynamic insurance firm focused on client satisfaction and growth.
- Benefits: Competitive salary, career development, and a supportive team environment.
- Why this job: Join a vibrant team and make a real impact in the insurance industry.
- Qualifications: Experience in commercial insurance and strong client management skills.
- Other info: Opportunity for travel and networking across London and the Home Counties.
The predicted salary is between 36000 - 60000 £ per year.
My client are looking for an Account Executive to join their Commercial Insurance Team. This role is ideal for someone currently operating as a Senior Account Handler or Junior Account Executive who is ready to take the next step into a more client-facing, commercially driven position. You will inherit an established book of business (circa £100,000 GWP), which will give you the opportunity to focus on developing relationships, grow the book, and build new business with support from the wider team.
Predominantly SME commercial risks, including:
- Property owners
- Small to mid-sized manufacturing
- Motor trade
- Construction (general builders / smaller construction risks)
The role involves regular client visits across London and the Home Counties, so candidates must be comfortable travelling and engaging face-to-face with clients.
Key duties
You will work closely with clients to provide tailored advice, manage policy renewals, and navigate the complexities of the insurance market. This is a proactive, results-driven role that requires a mix of new business development, strong client service, and in-depth industry knowledge.
Client Relationship Management:
- Act as a strategic advisor to your clients, building deep, consultative relationships based on trust, expertise, and consistency.
- Anticipate client needs by maintaining a strong understanding of their business challenges and market landscape.
- Deliver a personalised experience, tailoring solutions and communications to fit client profiles, business types, and industry sectors.
- Champion client satisfaction, proactively resolving issues and continuously seeking ways to add value and improve retention.
New Business Development:
- Drive growth by identifying, pursuing, and converting new business opportunities across your network, referrals, and the wider market.
- Adopt a consultative approach to understand prospective clients needs, delivering bespoke insurance solutions that demonstrate value and build trust.
- Build a strong personal pipeline through proactive outreach, networking events, and by leveraging existing relationships to create warm leads.
- Collaborate with marketing and internal teams to support campaign activity, nurture prospects, and follow up on inbound enquiries.
Renewal and Policy Management:
- Lead the end-to-end renewal cycle, ensuring timely engagement, effective negotiation, and optimal policy outcomes for each client.
- Use insights and benchmarking data to justify terms and demonstrate value to clients during the renewal process.
- Support clients through changes in risk profile, reviewing their coverage as their businesses evolve or expand.
- Ensure retention through proactivity, clear communication, and by consistently exceeding expectations.
Key requirements
- Experience in commercial insurance (Account Handler, Junior AE, or Account Executive level)
- Good understanding of insurance products and markets
- Strong knowledge of insurance products, markets, and underwriting processes.
- Demonstrated ability to generate new business through networking, referrals, and proactive sales efforts.
- Experience in managing client portfolios, understanding their evolving needs, and ensuring long-term client retention.
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request.
Account Executive - Commercial Insurance employer: Massenhove Recruitment Ltd
Contact Detail:
Massenhove Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive - Commercial Insurance
✨Tip Number 1
Get to know the company inside out before your interview. Research their values, recent news, and their position in the market. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Practice your pitch! You’ll want to clearly articulate your experience and how it aligns with the role. Think about specific examples where you've successfully managed client relationships or driven new business – these stories will make you stand out.
✨Tip Number 3
Networking is key! Attend industry events or connect with professionals on LinkedIn. Building relationships can lead to referrals and insider information about job openings. Plus, it shows you're proactive and engaged in the industry.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest in the role and highlighting a key point from your conversation can keep you top of mind for the hiring team. And remember, apply through our website for the best chance!
We think you need these skills to ace Account Executive - Commercial Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Account Executive in Commercial Insurance. Highlight your experience with client relationships and new business development, as these are key for us.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your understanding of the insurance market and how you can add value to our team. Be personable and let your passion for the role come through.
Showcase Your Achievements: Don’t just list your responsibilities; highlight your achievements! Whether it’s growing a client portfolio or successfully managing renewals, we want to see how you've made an impact in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance products and the current market trends. Being able to discuss specific types of risks, like property owners or small to mid-sized manufacturing, will show that you're not just familiar with the basics but also understand the nuances of the industry.
✨Build Rapport
Since this role is all about client relationships, practice how you'll engage with potential clients. Think about how you can demonstrate your consultative approach and build trust. Maybe even role-play with a friend to get comfortable with discussing how you would tailor solutions to meet client needs.
✨Showcase Your Successes
Prepare to share examples of how you've successfully managed client portfolios or generated new business in the past. Use specific metrics or outcomes to illustrate your impact. This will help the interviewers see you as results-driven and capable of driving growth in their team.
✨Ask Insightful Questions
Come prepared with questions that show your interest in the company and the role. Ask about their approach to client satisfaction or how they support their Account Executives in developing new business. This not only demonstrates your enthusiasm but also helps you gauge if the company aligns with your career goals.