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For Companies At a Glance
- Tasks: Provide top-notch service to clients and manage insurance enquiries with a focus on high-net-worth individuals.
- Company: Established organisation dedicated to supporting private property owners in the UK.
- Benefits: Competitive salary, performance bonuses, pension scheme, and comprehensive training for career growth.
- Other info: Enjoy regular social events and work in a supportive team environment.
- Why this job: Join a fast-growing business and make a real impact in the insurance industry.
- Qualifications: 2 years of experience in Household and Personal Lines; strong communication and negotiation skills.
The predicted salary is between 30000 - 34000 £ per year.
Location: Kent
Start: ASAP
Salary: £30,000 to £34,000 depending on experience
Working hours: 9:00 am to 5:00 pm (Monday to Friday)
About the Role
Our client is an established member-based organization offering advice and solutions to private listed property owners in the UK. They provide high-quality insurance service designed to support the needs of listed property owners. They are looking for highly motivated, experienced Insurance Brokers/Underwriters who want to develop their career within a fast-growing business. The ideal candidate must possess a positive attitude and self-discipline to deliver personal objectives while also demonstrating a team working attitude to meet overall business targets.
Responsibilities
- Providing an excellent level of service to clients on enquiries, new business quotations, MTA’s and renewals
- Building relationships with key clients and insurer partners
- Handling all enquiries in a professional manner and in line with service standards and regulatory requirements
- Recording all relevant information, correspondence and documentation on Acturis system and making effective use of the diary system
- Underwriting large household risks up to your individual underwriting authority
- Contributing to, and working with the wider team, in achieving the business plan including conversion, retention, revenue and loss ratio objectives
Requirements
- Good level of school or university education
- 2 years’ experience in Household and Personal Lines, ideally in Non-standard and HNW
- Experience of working with Acturis is desired but not essential
- Good level of technical insurance skills
- Ability to work under own initiative
- Excellent communication and client service skills
- Good negotiation and broking skills
- Ability to identify and respond appropriately to an individual client’s level of understanding
Benefits
- Team Performance Related Bonus scheme
- Pension Scheme
- Annual Salary Review
- On-site free parking, Train Station, 5-minute walk from the office
- Comprehensive training to support career development
- Funding for CII studies
- Regular staff social events
Employment type: Full-time
Job function: Sales and Customer Service
Industries: Insurance, Insurance Agencies and Brokerages, and Real Estate
Insurance Account Executive employer: MI Select
Contact Detail:
MI Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Account Executive
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, or even hit up LinkedIn. The more people you know, the better your chances of landing that Insurance Account Executive role.
✨Tip Number 2
Practice your pitch! You never know when you'll meet someone who can help you land a job. Have a quick, engaging summary of your experience and skills ready to go. Make it personal and show your passion for the insurance sector.
✨Tip Number 3
Follow up after interviews! A simple thank-you email can set you apart from other candidates. Remind them why you're the perfect fit for the role and express your enthusiasm for joining their team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows your interest and commitment to being part of our awesome team.
We think you need these skills to ace Insurance Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Insurance Account Handler role. Highlight your experience in Household and Personal Lines, and don’t forget to mention any relevant skills that match what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your passion for the insurance industry and how your background makes you a perfect fit for our team. Keep it professional but let your personality come through!
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just duties. Did you improve client retention or exceed sales targets? We love numbers and success stories, so make sure to include them!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at MI Select
✨Know Your Stuff
Make sure you brush up on your insurance knowledge, especially around household and personal lines. Familiarise yourself with the specific needs of high-net-worth clients and be ready to discuss how your experience aligns with their requirements.
✨Showcase Your Communication Skills
Since this role involves building relationships with clients and insurers, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex information in previous roles, as this will demonstrate your client service skills.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to negotiate or handle difficult situations with clients. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Demonstrate Team Spirit
This role requires a collaborative approach, so be prepared to discuss how you've worked within a team to achieve common goals. Highlight any experiences where you contributed to team success, showing that you can balance individual objectives with team targets.