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- Tasks: Manage and develop commercial insurance client portfolios while providing expert advice.
- Company: Join a growing insurance company with a supportive, boutique culture.
- Benefits: Competitive salary, hybrid working, generous leave, and professional development support.
- Other info: Dynamic role with excellent career growth opportunities in a collaborative environment.
- Why this job: Work with high-profile clients and tackle complex insurance challenges.
- Qualifications: Experience in commercial insurance account management and strong sales skills.
The predicted salary is between 45000 - 60000 £ per year.
Are you passionate about sales/account management and building relationships? Our client is seeking to recruit an account executive to join their growing insurance company. The Account Executive will be responsible for managing and developing a portfolio of commercial insurance clients, providing expert advice and delivering tailored insurance solutions aligned to each client's needs. The role combines client relationship management, new business development, and strategic market placement, with responsibility for renewals, insurer negotiations, and overall client satisfaction.
Key Responsibilities
- Client Relationship & Portfolio Management
- Manage and develop a portfolio of commercial insurance clients
- Build and maintain strong, long-term client relationships
- Act as a trusted advisor, providing informed and professional risk advice
- Ensure insurance programmes remain aligned to client needs and objectives
- Business Development
- Identify and pursue new business opportunities within target markets
- Generate and manage new client relationships through networking and referrals
- Support the continued growth of the business through proactive client engagement
- Placing, Renewals & Insurer Negotiation
- Lead the renewal and placement of commercial insurance programmes
- Negotiate terms, conditions, and premiums with insurers and underwriters
- Place a range of commercial risks, including complex and specialist exposures
- Ensure competitive and appropriate cover solutions are secured
- Service & Delivery
- Deliver consistently high standards of customer service
- Work closely with internal support teams to ensure efficient policy administration
- Maintain accurate client records and ensure compliance with regulatory standards
Qualifications, Skills & Experience
- Essential
- Strong experience in commercial insurance account management
- Proven ability to build and manage client relationships
- Demonstrable sales capability, with experience identifying and converting new business opportunities
- Comprehensive understanding of UK commercial insurance principles and practices
- Proven experience placing:
- Commercial Combined
- Liability
- Complex Property
- Directors & Officers (D&O)
- Professional Indemnity
- Excellent communication, negotiation, and interpersonal skills
- Self-motivated, target-driven, and comfortable working in a hybrid environment
- Professional insurance qualifications (e.g. ACII)
Personal Attributes
- Commercially focused and results driven
- Client-centric with a consultative approach
- Confident, professional, and credible when dealing with senior stakeholders
- Organised, proactive, and able to manage competing priorities
- Comfortable operating in a specialist, growth-focused brokerage environment
Why Join
- Opportunity to work with high-profile and high-net-worth clients
- Exposure to complex and specialist property risks
- Supportive, boutique environment with strong market access
- Hybrid working and a culture focused on quality, relationships, and long-term growth
Salary & Benefits
- Competitive salary, commensurate with experience, qualifications, and portfolio size
- Commission package
- Hybrid working model, with 23 days per week in the Sawbridgeworth office
- 25 days annual leave plus bank holidays
- Nest pension scheme with employer contributions
- Professional development support, including continued qualification support
- Opportunity to work with high-profile clients and complex, non-standard risks
- Access to a broad insurer panel via Willis Towers Watson Networks
- Supportive boutique environment with strong career development potential
Commercial Insurance Account Executive employer: PERM RECRUITMENT LIMITED
Contact Detail:
PERM RECRUITMENT LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial 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, and don’t be shy about reaching out to potential clients or colleagues on LinkedIn. Building those relationships can open doors you didn’t even know existed.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential clients or during interviews, make sure to highlight your knowledge of commercial insurance principles. Share examples of how you've successfully managed client portfolios or negotiated terms in the past.
✨Tip Number 3
Be proactive! Don’t just wait for opportunities to come to you. Identify target markets and reach out to businesses that could benefit from your services. A little initiative can go a long way in landing that dream role as an Account Executive.
✨Tip Number 4
Apply through our website! We’ve got a range of exciting roles waiting for you, and applying directly can give you a better chance of standing out. Plus, it shows you’re genuinely interested in joining our team and contributing to our growth.
We think you need these skills to ace Commercial Insurance Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your commercial insurance account management experience and any relevant qualifications to show us you're the right fit.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about sales and building client relationships. Share specific examples of how you've successfully managed portfolios or developed new business opportunities in the past.
Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure your written application is clear and professional. Use concise language and avoid jargon to demonstrate your excellent communication skills right from the start.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. This way, we can easily track your application and get back to you quicker. Plus, it shows us you're keen on joining our team!
How to prepare for a job interview at PERM RECRUITMENT LIMITED
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance principles and practices. Be ready to discuss specific types of coverage like Commercial Combined, Liability, and D&O. This shows you're not just a sales person but a knowledgeable advisor.
✨Build Rapport
During the interview, focus on building a connection with your interviewer. Share experiences where you've successfully managed client relationships or developed new business. This will demonstrate your consultative approach and client-centric mindset.
✨Showcase Your Negotiation Skills
Prepare examples of how you've negotiated terms and conditions with insurers in the past. Highlight any successful outcomes that resulted from your efforts. This will illustrate your ability to secure competitive cover solutions for clients.
✨Ask Insightful Questions
Come prepared with questions that show your interest in the company and the role. Ask about their approach to client engagement or how they support professional development. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.