At a Glance
- Tasks: Generate new business and build client relationships in commercial insurance.
- Company: Friendly and growing commercial insurance brokerage with a supportive culture.
- Benefits: Competitive salary, commission structure, and opportunities for career advancement.
- Other info: Great potential for growth into sales management roles.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 5+ years in commercial insurance with strong relationship-building skills.
The predicted salary is between 100000 - 100000 £ per year.
We are seeking an ambitious and proactive New Business Account Executive to join this friendly Insurance Brokers, a growing commercial insurance brokerage. This is a newly created position offering significant scope for career development into sales management and leadership.
The successful candidate will be a self-motivated "hunter-gatherer" capable of generating new business independently. You will build your own book of accounts from scratch, develop client relationships, and establish yourself as a trusted advisor in the commercial insurance market.
Key Responsibilities
- Generate new business opportunities independently through relationship-building, networking, and proactive market engagement
- Build and grow your own client portfolio, targeting commercial business owners, property investors, and corporate entities
- Develop your expertise in property-related commercial insurance, including residential property owners, commercial blocks, and individual portfolios
- Demonstrate ability to specialise in niche markets (e.g. fleet, engineering, construction, trades, contractors, manufacturing) where applicable
Account Management & Service
- Manage the complete sales cycle from initial client contact through to placement and ongoing relationship management
- Provide professional insurance advice and risk assessment to clients
- Prepare quotations, policies, and supporting documentation to broker standard
Growth & Development
- Develop an initial book of approximately £100,000 in new business income within the first year
- Demonstrate substantial growth in Year 2 and beyond
- Progress toward a sales management or sales director role, building and leading a team
- Work toward generating approximately £300,000 of annual income or book value as a long-term objective
Person SpecificationEssential Requirements
- Proven track record of building a client book from scratch in commercial insurance (minimum 5 years experience)
- Strong background in property-related commercial insurance (residential property owners, commercial blocks, portfolios)
- Experience in related commercial sectors such as construction, trades, contractors, or manufacturing
- Proactive, self-motivated, and commercially minded approach to sales
- Strong communication and relationship-building skills
- Own transport or practical commuting arrangement to Little Burstead
Desirable Requirements
- Demonstrated leadership potential with aspiration to build and manage a team
- Experience in a specialist insurance niche with a clear plan for market development
- Established network within the commercial insurance market
Employment Details
- Hours: 5 days per week, office-based
- Salary: £50,000 – £100,000 per annum
- Commission: Minimum 10–15% on new business
New Business Account Manager - Insurance 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 New Business Account Manager - Insurance
✨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 New Business Account Manager - Insurance
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.
