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- Tasks: Drive growth by developing new commercial insurance business and building strong client relationships.
- Company: Reputable independent insurance brokerage with a supportive, family-feel culture.
- Benefits: Flexible hybrid working, competitive rewards, and ongoing professional development.
- Why this job: Make a tangible impact in a dynamic team while advancing your career in insurance.
- Qualifications: Proven experience in commercial insurance and strong relationship-building skills.
- Other info: Join a motivated team with access to the latest market opportunities.
The predicted salary is between 40000 - 50000 £ per year.
Our client, a well-regarded independent insurance brokerage based in London, is seeking an experienced Account Executive to join their dynamic team. In this pivotal role, you will be responsible for spearheading the development of new commercial insurance business and actively driving growth within the organisation.
Your primary focus will be building strong, lasting relationships with clients, prospects, and introducers through face-to-face meetings, telephone, and virtual communication platforms like Teams. You will manage the full sales cycle, from initial engagement to closure, while identifying cross-selling opportunities within existing client portfolios.
The role offers flexibility through hybrid working arrangements and requires a proactive, confident approach to sourcing new business across various trades such as Construction, Property Owners, Hospitality, Retail, Leisure, and Manufacturing. You will handle a range of insurance classes including Property, Employers' and Public Liability, Commercial Combined, PI, D&O, Fleet, and Cyber, targeting clients with GWP in the £10-50k range, with occasional larger accounts.
Whether you prefer a pure sales focus or a client retention and servicing role, this position provides scope for both paths, with opportunities to place risk directly into the market and manage client accounts comprehensively.
- Proven experience as an Account Executive within the commercial insurance sector.
- Strong relationship-building skills with clients, prospects, and introducers.
- Excellent communication skills, comfortable with face-to-face, telephone, and virtual meetings.
- Ability to manage the full sales process from prospecting to closing new business.
- Experience working across diverse trades and sectors, including Construction, Property, Hospitality, and more.
- Knowledge of a wide range of insurance classes and complexities.
- Comfortable working independently with a proactive approach to sales and marketing activities.
- Ability to target clients within GWP ranges of £10k-£50k, with flexibility to handle larger accounts.
This is an excellent opportunity to join a reputable, family-feel brokerage that values and supports its staff. You will be part of a motivated team of ambitious professionals, with access to the Bravo Network and the latest market opportunities via Acturis. The role offers competitive rewards, ongoing professional development, and a collaborative environment committed to your success and career growth.
If you're looking to make a tangible impact within a flexible and supportive workplace, this position is ideal for a motivated Account Executive ready to take the next step in their career.
Account Executive in City of London employer: Phoenix Gray
Contact Detail:
Phoenix Gray Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive in City of London
✨Tip Number 1
Network like a pro! Attend industry events, join online forums, and connect with people on LinkedIn. Building relationships is key in the insurance world, so don’t be shy about reaching out to potential clients or colleagues.
✨Tip Number 2
Practice your pitch! Whether it’s face-to-face or virtual, being able to clearly communicate your value proposition is crucial. Role-play with a friend or record yourself to refine your delivery and boost your confidence.
✨Tip Number 3
Follow up, follow up, follow up! After meetings or calls, send a quick thank you email and recap what you discussed. This shows you’re proactive and keeps you top of mind for potential clients.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Account Executive in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Account Executive role. Highlight your experience in commercial insurance and any relevant sectors like Construction or Hospitality. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your relationship-building skills and proactive approach.
Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure your written application reflects your excellent communication skills. Keep it clear, concise, and professional – we love a well-structured application!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Phoenix Gray
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of various insurance classes, especially those mentioned in the job description like Property, Employers' Liability, and Cyber. Being able to discuss these confidently will show that you're not just a sales person, but someone who understands the complexities of the industry.
✨Build Rapport with Your Interviewers
Since relationship-building is key for this role, practice how you can establish rapport during the interview. Use their names, ask about their experiences, and share relevant anecdotes that highlight your relationship-building skills. This will demonstrate that you can connect with clients just as easily.
✨Prepare for the Full Sales Cycle
Be ready to discuss your experience managing the full sales process from prospecting to closing. Prepare specific examples of how you've successfully navigated this cycle in the past, particularly in commercial insurance. This will help illustrate your proactive approach and ability to drive growth.
✨Show Your Flexibility and Proactivity
Highlight your ability to work independently and adapt to different situations, especially in a hybrid working environment. Share examples of how you've sourced new business across various trades and sectors, showcasing your proactive mindset and versatility in handling diverse client needs.