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For Companies At a Glance
- Tasks: Lead business growth by developing client connections and executing strategic plans.
- Company: Join a respected independent broker with over 50 years of experience in insurance.
- Benefits: Enjoy a competitive salary up to £100,000 and a unique benefits package.
- Why this job: Be part of a dynamic team that values innovation, diversity, and personal development.
- Qualifications: 5+ years in insurance, strong sales skills, and proficiency in MS Office required.
- Other info: Nashrock Recruitment promotes a diverse and inclusive workplace for all applicants.
The predicted salary is between 60000 - 84000 £ per year.
Residential Property Insurance - Large Blocks of Flats and Management Companies
Salary up to £100,000 + Unique Benefit Package
Location: London/Hybrid
The Company:
We are pleased to be working with a well-established, truly independent Broker, with over 50 years of experience. The company provides a market-leading, client-focused service, combining risk management and insurance expertise. As an independent broker, it offers trusted advice and a personalised approach. Investing in staff through training and development ensures high retention and strong client relationships, attracting some of the top talent to the industry.
This Role:
The company is seeking a dynamic New Business Development Executive to spearhead its London team. This role requires a highly driven professional with strong industry relationships to drive sales growth and develop new client connections. As a key player, you will identify opportunities, expand the company’s presence, and contribute to its continued success in the market.
Key Responsibilities:
- Develop and execute a strategic plan to drive new business growth and expand the company's presence in London.
- Leverage existing relationships and build new connections to generate sales opportunities and strengthen the client base.
- Identify and pursue potential clients, delivering tailored insurance solutions to meet their needs.
- Collaborate with internal teams to ensure a seamless client experience and effective risk management solutions.
- Maintain and nurture new business accounts, ensuring long-term client retention and satisfaction.
- Stay informed on market trends and competitor activity to capitalise on opportunities and enhance sales strategies.
About You:
- 5 years or more Insurance knowledge with strengths in Blocks of Flats Insurance including Property Owners & Directors and Office.
- Strong sales and client service skills, both face-to-face and via telephone.
- Proficient in MS Outlook, Word, and Excel; Actuaris would be an advantage but not essential.
- Highly organised, self-motivated, and able to thrive in a fast-paced environment.
- Target-driven with excellent time management and productivity skills.
- Confident negotiator with a focus on accuracy and attention to detail.
- Reliable, honest, and committed to delivering high-quality outcomes.
As you consider applying for this position through Nashrock Recruitment, we want to share with you our commitment to fostering a diverse, inclusive, and equitable workplace for both our team & our clients. At Nashrock Recruitment, we believe that diversity of thought, background, and experience drives innovation and success. We are dedicated to creating an environment where every individual feels valued, respected, and empowered to bring their authentic selves to work. We actively seek to attract, develop, and retain talent from all backgrounds and perspectives. We do not discriminate on the basis of race, ethnicity, gender, sexual orientation, disability, age, religion, or any other characteristic protected by applicable laws. By working with Nashrock Recruitment, you become part of a supportive and inclusive environment where diversity is not only embraced but celebrated. We are committed to providing equal opportunities for growth, advancement, and career development to all members of our team and applicants alike.
New Business Development Executive employer: Nashrock Recruitment
Contact Detail:
Nashrock Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land New Business Development Executive
✨Tip Number 1
Network actively within the property insurance sector, especially focusing on large blocks of flats. Attend industry events and join relevant online forums to connect with potential clients and other professionals who can refer you.
✨Tip Number 2
Research the company thoroughly before your interview. Understand their unique selling points and how they differentiate themselves in the market. This will help you tailor your approach and demonstrate your genuine interest in contributing to their success.
✨Tip Number 3
Prepare to discuss specific strategies you would implement to drive new business growth. Think about how you can leverage your existing relationships and what innovative approaches you could take to expand their client base.
✨Tip Number 4
Stay updated on current market trends and competitor activities in the residential property insurance space. Being knowledgeable about the latest developments will not only impress during interviews but also help you identify opportunities for the company.
We think you need these skills to ace New Business Development Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in insurance, particularly with Blocks of Flats Insurance. Emphasise your sales achievements and client relationship management skills to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for business development and your understanding of the insurance market. Mention specific examples of how you've successfully driven sales growth in previous roles.
Highlight Key Skills: In your application, clearly outline your strong sales and client service skills. Mention your proficiency in MS Office and any experience with Actuaris, as these are relevant to the role.
Showcase Industry Knowledge: Demonstrate your knowledge of current market trends and competitor activities in your application. This will show that you are proactive and well-informed, which is crucial for the New Business Development Executive role.
How to prepare for a job interview at Nashrock Recruitment
✨Know Your Industry
Make sure you have a solid understanding of the residential property insurance market, especially regarding blocks of flats. Familiarise yourself with current trends and challenges in the industry, as this will help you demonstrate your expertise during the interview.
✨Showcase Your Relationships
Since the role requires strong industry relationships, be prepared to discuss your existing connections and how you've leveraged them in past roles. Highlight specific examples where your networking skills led to successful business outcomes.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and client management skills. Prepare scenarios where you successfully identified opportunities or resolved client issues, showcasing your strategic thinking and client-focused approach.
✨Demonstrate Your Sales Acumen
Be ready to discuss your sales strategies and how you've achieved targets in previous roles. Use quantifiable results to illustrate your success, and explain how you plan to drive new business growth for the company.
