At a Glance
- Tasks: Support new business placement and manage renewals for commercial insurance policies.
- Company: Join a growing brokerage with a focus on professional development.
- Benefits: Competitive salary, career progression opportunities, and supportive team environment.
- Other info: Opportunity to train and support junior staff in a dynamic team.
- Why this job: Develop your career towards an Account Executive role while making a real impact.
- Qualifications: 5 years of commercial insurance experience and strong communication skills.
Commercial Insurance Broker
Role Overview
We are seeking an experienced Commercial Account Handler to join our Insurance Brokers. This is a newly created position offering the opportunity to develop your career toward an Account Executive role within a growing brokerage.
Key Responsibilities
New Business & Placement
- Support the placement of new commercial risks with underwriters and broking partners
- Prepare quotation requests and supporting documentation
- Liaise with clients and underwriters to secure terms and arrange placement
- Maintain accurate records and documentation
Renewals & Servicing
- Manage the renewal of commercial policies across a broad range of risks
- Process mid-term adjustments and policy variations
- Handle client queries and claims support
- Ensure timely renewals and compliance with policy documentation
Team & Supervision
- Provide oversight and support to three junior account staff members
- Act as support to the Commercial Manager on key accounts and initiatives
- Assist with training, quality control, and process improvement
Professional Development
- Contribute to the growth and efficiency of the commercial team
- Develop expertise in a broad range of commercial insurance risks
- Progress toward an Account Executive role as experience and opportunity allow
Person Specification
Essential Requirements
- Minimum 5 years of broad commercial insurance experience
- Proven experience in renewals, mid-term adjustments, new business, and risk placement
- Sound knowledge of commercial insurance products and markets
- Property insurance experience, or broad commercial combined risks background
- Strong administrative and organisational skills
- Professional client-facing manner and communication skills
- Ability to work as part of a team and support junior staff
- Own transport or practical commuting arrangement to Billericay
Desirable Requirements
- Experience in an independent brokerage environment
- Experience with commercial combined risks
- Aspiration to progress toward an Account Executive or Account Manager role
- Familiarity with broking software and systems
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Commercial Insurance Broker employer: OneWay Recruit
Join a well-established GP practice in Birmingham that values its employees and fosters a supportive work culture. With flexible working hours and opportunities for professional growth, this role as a Medical Secretary offers a chance to make a meaningful impact on patient care while being part of a dedicated team. Enjoy the benefits of working in a modern environment that prioritises confidentiality and data security, ensuring you can thrive in your administrative role.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Broker
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like OneWay Recruit). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like OneWay Recruit. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Insurance Broker
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at OneWay Recruit.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at OneWay Recruit. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at OneWay Recruit
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at OneWay Recruit to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at OneWay Recruit, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding OneWay Recruit's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
