Commercial Account Executive
Commercial Account Executive

Commercial Account Executive

Leeds Full-Time 36000 - 60000 Β£ / year (est.) Home office (partial)
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ProFound

At a Glance

  • Tasks: Manage and grow a portfolio of commercial clients with tailored insurance solutions.
  • Company: Join a dynamic brokerage focused on business growth and client satisfaction.
  • Benefits: Enjoy a competitive salary, hybrid working model, and career progression opportunities.
  • Other info: Study support available for Cert CII qualification.
  • Why this job: Be part of a supportive culture that values negotiation skills and client relationships.
  • Qualifications: Experience in commercial insurance broking or account management is essential.

The predicted salary is between 36000 - 60000 Β£ per year.

Location: UK (Hybrid)

Job Type: Full-time

Salary: Competitive

About the Role

As a Commercial Account Executive, you will be responsible for managing and growing a portfolio of commercial clients, providing expert advice and tailored insurance solutions. You will play a key role in driving business growth, negotiating competitive terms, and ensuring clients receive the best coverage for their needs.

Key Responsibilities

  • Develop and maintain strong relationships with commercial clients and insurers.
  • Identify opportunities to expand business and enhance client portfolios.
  • Negotiate policy terms, pricing, and coverage to ensure competitive and profitable placements.
  • Handle renewals, mid-term adjustments (MTAs), and new business submissions.
  • Provide expert advice on risk management and insurance solutions.
  • Ensure compliance with FCA regulations and company policies.
  • Utilize industry platforms to manage documentation and client files efficiently.

Qualifications & Experience

  • Proven experience in commercial insurance broking or account management.
  • Strong negotiation and relationship-building skills.
  • Cert CII qualification or working towards it (study support available).
  • Experience handling mid-market to corporate risks.
  • Proficiency in Acturis and MS Office.
  • Ability to work independently and collaboratively in a hybrid environment.

Why Join Us?

  • Competitive salary and benefits package.
  • Hybrid working model (office and remote flexibility).
  • Career progression opportunities within a growing brokerage.
ProFound

Contact Detail:

ProFound Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Commercial Account Executive

✨Tip Number 1

Familiarise yourself with the latest trends in commercial insurance and risk management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the industry.

✨Tip Number 2

Network with professionals in the insurance sector, especially those who work in commercial account management. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed client relationships and negotiated terms in previous roles. Having concrete stories ready will showcase your experience and skills effectively.

✨Tip Number 4

Research StudySmarter's values and culture to align your responses during the interview. Showing that you understand and resonate with our mission can set you apart from other candidates.

We think you need these skills to ace Commercial Account Executive

Relationship Management
Negotiation Skills
Commercial Insurance Knowledge
Risk Management Expertise
FCA Compliance Knowledge
Portfolio Management
Client Advisory Skills
Mid-Market and Corporate Risk Handling
Proficiency in Acturis
MS Office Proficiency
Attention to Detail
Problem-Solving Skills
Communication Skills
Ability to Work Independently and Collaboratively

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance broking or account management. Emphasise your negotiation skills and any qualifications like Cert CII, as these are key for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific examples of how you've successfully managed client relationships and negotiated terms in the past.

Highlight Relevant Skills: In your application, focus on skills that align with the job description, such as risk management expertise and proficiency in tools like Acturis and MS Office. This will demonstrate your suitability for the position.

Show Enthusiasm for the Company: Research the company and express your enthusiasm for their hybrid working model and career progression opportunities. This shows that you are genuinely interested in being part of their team.

How to prepare for a job interview at ProFound

✨Know Your Portfolio

Before the interview, make sure you understand the types of commercial clients and risks you will be managing. Familiarise yourself with common insurance solutions and be ready to discuss how you would tailor these to meet client needs.

✨Demonstrate Negotiation Skills

Prepare examples of past negotiations where you successfully secured competitive terms for clients. Highlight your approach to balancing client needs with profitability, as this is crucial for the role.

✨Showcase Relationship-Building Abilities

Be ready to discuss how you've developed and maintained strong relationships in previous roles. Use specific examples to illustrate your ability to connect with clients and insurers alike.

✨Understand Compliance and Regulations

Familiarise yourself with FCA regulations and how they impact the insurance industry. Be prepared to discuss how you ensure compliance in your work, as this is a key responsibility of the role.

Commercial Account Executive
ProFound
Location: Leeds
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