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For Companies At a Glance
- Tasks: Manage and grow a portfolio of commercial clients with tailored insurance solutions.
- Company: Join a growing brokerage that values innovation and client relationships.
- Benefits: Enjoy a competitive salary, hybrid working model, and career progression opportunities.
- Why this job: Be part of a dynamic team driving business growth and making a real impact.
- Qualifications: Experience in commercial insurance broking or account management is essential.
- Other info: Study support available for Cert CII qualification.
The predicted salary is between 36000 - 60000 £ per year.
All potential applicants are encouraged to scroll through and read the complete job description before applying.
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.
Commercial Account Executive employer: 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 company culture and values. Tailoring your conversation to align with our mission and demonstrating how you can contribute to our growth will make a strong impression during the interview process.
We think you need these skills to ace Commercial Account Executive
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Commercial Account Executive. Tailor your application to highlight relevant experience in managing commercial clients and providing insurance solutions.
Highlight Relevant Experience: In your CV and cover letter, emphasise your proven experience in commercial insurance broking or account management. Use specific examples to demonstrate your negotiation skills and relationship-building abilities.
Showcase Qualifications: Mention your Cert CII qualification or your progress towards it. If you have experience with Acturis and MS Office, be sure to include this as it is relevant to the role.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses the key responsibilities outlined in the job description. Explain how your skills and experiences align with the company's needs and express your enthusiasm for the position.
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 insurance solutions relevant to the role. Be prepared to discuss how you would manage and grow a portfolio, showcasing your knowledge of the industry.
✨Demonstrate Negotiation Skills
Since negotiation is key in this role, come ready with examples of past negotiations you've successfully handled. Highlight your approach to achieving competitive terms and how you ensure client satisfaction.
✨Showcase Relationship-Building Abilities
Prepare to discuss how you build and maintain strong relationships with clients and insurers. Share specific instances where your relationship management led to successful outcomes or business growth.
✨Familiarise Yourself with Compliance
Understanding FCA regulations is crucial for this position. Brush up on relevant compliance topics and be ready to explain how you ensure adherence to these regulations in your work.
