At a Glance
- Tasks: Manage and develop commercial insurance client portfolios while providing tailored solutions.
- Company: Dynamic insurance company with a supportive, boutique culture.
- Benefits: Competitive salary, hybrid working, 25 days leave, and professional development support.
- Other info: Great career growth potential 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
- 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
- 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
- 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 in Sawbridgeworth 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 in Sawbridgeworth
✨Tip Number 1
Network like a pro! Attend industry events, join online forums, and connect with professionals on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Be proactive in your job search. Don’t just wait for roles to pop up; reach out to companies you admire directly. Express your interest and see if they have any upcoming openings. We love seeing initiative!
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Tailor your responses to show how your experience aligns with their needs. Remember, it’s all about demonstrating your value to them!
✨Tip Number 4
Apply through our website for the best chance at landing that role! We’re always on the lookout for passionate individuals who fit our culture and values. Don’t miss out on the opportunity!
We think you need these skills to ace Commercial Insurance Account Executive in Sawbridgeworth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Commercial Insurance Account Executive. Highlight your experience in managing client relationships and any relevant sales achievements. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your passion for commercial insurance and your ability to build strong client relationships. Let us know why you're the perfect fit for this role and how you can contribute to our growth.
Showcase Relevant Experience: When detailing your work history, focus on your experience with commercial insurance, especially in areas like renewals and insurer negotiations. We love seeing specific examples of how you've successfully managed portfolios or developed new business opportunities.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
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 or Professional Indemnity, and how they apply to different client needs.
✨Showcase Your Relationship Skills
Prepare examples that highlight your ability to build and maintain strong client relationships. Think about times when you've acted as a trusted advisor or successfully managed a portfolio of clients, and be ready to share those stories.
✨Demonstrate Your Sales Savvy
Be prepared to talk about your experience in identifying and converting new business opportunities. Have a few success stories up your sleeve that showcase your sales capabilities and how you've contributed to business growth.
✨Practice Negotiation Scenarios
Since negotiation is key in this role, consider practising some common negotiation scenarios. Think about how you would approach discussions with insurers and underwriters to secure the best terms for your clients.