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- Tasks: Drive growth by identifying new business opportunities and managing client relationships.
- Company: Join a dynamic insurance firm focused on commercial and property insurance solutions.
- Benefits: Enjoy competitive pay, professional development support, and a diverse workplace culture.
- Why this job: Be part of a team that values innovation and client success in a fast-paced industry.
- Qualifications: Experience in commercial insurance and a strong understanding of compliance regulations required.
- Other info: ACII qualification is preferred; training support available for the right candidate.
The predicted salary is between 43200 - 72000 £ per year.
Senior Account Executive Commercial & Property Insurance
Job Market Insurance
Senior Account Executive About the role
Working with a mix of SME & Corporate clients in General Commercial (Property, PI, Technology, Chartered Surveyors), Complex & High Value (HNW) insurance needs, the Senior Account Executive will be focussed on driving growth, generating and converting new business opportunities while retaining and developing existing clients.
Senior Account Executive Key duties
Sales & Business Development:
Proactively identify and pursue new business opportunities, leveraging networking, referrals, and market insights.
Develop strategic sales plans to target high-value clients with complex risk profiles.
Work closely with insurers to secure the most competitive and comprehensive terms for clients.
Achieve individual and team sales targets, driving growth within your portfolio.
Client Relationship Management:
Build and nurture long-term client relationships through regular contact and on-site visits.
Act as a trusted advisor, understanding clients\’ evolving business needs and tailoring insurance solutions accordingly.
Conduct regular policy reviews and renewal discussions to ensure ongoing coverage alignment with risk exposures.
Deliver an exceptional client experience by being responsive, knowledgeable, and proactive.
Risk Management:
Collaborate with internal teams and insurers to develop tailored solutions for clients with complex needs.
Stay updated on industry trends and emerging challenges, advising clients on potential risks and exposures.
Support clients in understanding their policy terms and conditions, ensuring clear communication of coverage.
Senior Account Executive Key requirements
Demonstrable experience as an Account Executive within the insurance industry, particularly in commercial insurance.
In-depth knowledge of insurance products, markets, and underwriting processes.
Proficient in using insurance platforms (Acturis) and client management systems to enhance operational efficiency.
Proven track record in generating new business and effectively managing client portfolios.
Strong understanding of compliance regulations, including FCA guidelines and Consumer Duty obligations.
ACII qualification or a willingness to work towards it, with business support.
For a confidential chat, and if you would like to see a full and detailed job spec, please contact Tony Martin on 0333 121 8000
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.
Senior Account Executive - Insurance in Worcester employer: Massenhove Recruitment Ltd
Contact Detail:
Massenhove Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Account Executive - Insurance in Worcester
✨Tip Number 1
Network actively within the insurance industry, especially with professionals who have experience in commercial and property insurance. Attend industry events, webinars, and local meetups to connect with potential clients and colleagues who can refer you to opportunities.
✨Tip Number 2
Stay updated on the latest trends and changes in the insurance market, particularly regarding commercial insurance products. This knowledge will not only help you in conversations with potential clients but also demonstrate your expertise and commitment to the field.
✨Tip Number 3
Consider joining professional associations related to insurance, such as the Chartered Insurance Institute (CII). Being part of these organisations can provide valuable resources, networking opportunities, and credibility that can enhance your profile as a Senior Account Executive.
✨Tip Number 4
Prepare for interviews by developing a solid understanding of the specific needs of SME and corporate clients in the insurance sector. Be ready to discuss how you can tailor solutions to meet their complex risk profiles and demonstrate your ability to drive growth and client satisfaction.
We think you need these skills to ace Senior Account Executive - Insurance in Worcester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in commercial insurance, particularly as an Account Executive. Emphasise your achievements in sales and client management, showcasing how you've driven growth and developed client relationships.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key duties mentioned in the job description. Explain how your background aligns with their needs, particularly in generating new business and managing complex client portfolios.
Showcase Relevant Skills: In your application, highlight your proficiency with insurance platforms like Acturis and your understanding of compliance regulations. Mention any relevant qualifications, such as ACII, or your willingness to pursue them.
Demonstrate Industry Knowledge: Convey your understanding of current industry trends and challenges in your application. This shows that you are proactive and knowledgeable, which is crucial for advising clients on their insurance needs.
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Know Your Insurance Products
Make sure you have a solid understanding of the various insurance products relevant to commercial and property insurance. Be prepared to discuss how these products can meet the needs of different clients, especially those with complex risk profiles.
✨Demonstrate Your Sales Acumen
Be ready to share specific examples of how you've successfully generated new business in the past. Highlight your strategies for identifying opportunities and converting leads into clients, as this role heavily focuses on sales and business development.
✨Showcase Client Relationship Skills
Prepare to discuss how you've built and maintained long-term relationships with clients. Emphasise your approach to understanding their evolving needs and how you tailor solutions to ensure their satisfaction and retention.
✨Stay Updated on Industry Trends
Research current trends and challenges in the insurance industry. Being knowledgeable about emerging risks and regulatory changes will demonstrate your commitment to the field and your ability to advise clients effectively.
