Commercial Insurance Broker - Account Director
Commercial Insurance Broker - Account Director

Commercial Insurance Broker - Account Director

Brentwood Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and expand a portfolio of high-value commercial insurance clients.
  • Company: Join an innovative, market-leading independent commercial insurance brokerage.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth and mentorship.
  • Why this job: Be part of a passionate team driving massive growth and making a real impact in the industry.
  • Qualifications: A-C in Maths and English; CCII/ACII qualification preferred; experience in commercial business management required.
  • Other info: Represent the company at industry events and engage with key stakeholders.

The predicted salary is between 48000 - 72000 £ per year.

Our client is an innovative and market leading Independent Commercial Insurance brokerage. They have a fantastic team of qualified and highly skilled professionals, who recognise that every business has its own unique requirements and challenges when it comes to sourcing and placing insurance arrangements. An incredibly passionate leadership team is driving massive growth both organically and through acquisition. This growth has led to an exciting opportunity for experienced commercial insurance brokers.

The Account Director is responsible for managing and expanding a portfolio of high-value commercial insurance clients, ensuring long-term retention. This senior role involves developing strategic relationships with corporate clients, insurers and MGAs to negotiate high value insurance packages. The Account Director will drive business growth by identifying new opportunities, overseeing large-scale renewals, and mentoring account executives to enhance service delivery and client satisfaction.

Key Responsibilities:
  • Strategic Client Management & Retention: Act as a trusted executive for high-value clients, managing insurance and risk management strategies. Lead policy negotiations, ensuring comprehensive coverage that meets the needs of clients. Oversee renewals, ensuring continuity of coverage while optimising pricing and policy terms. Provide guidance on policy structures, risk transfer mechanisms, and alternative risk financing options.
  • Business Development & Growth: Identify and pursue opportunities to expand the company’s high-value commercial client base. Develop and execute growth strategies targeting corporate clients in key industries such as real estate, construction, manufacturing, transport and financial services. Collaborate with senior leadership and marketing teams to position the company as a leading provider of commercial insurance solutions.
  • Leadership & Team Development: Provide mentorship and direction to account executives and junior team members, encouraging professional growth. Play a key role in shaping and executing the company’s commercial strategy, aligning with overall business objectives. Demonstrate a high-performance culture within the team, ensuring outstanding service delivery and client retention.
  • Stakeholder & Market Engagement: Build and maintain strong relationships with insurers, MGAs, and specialist underwriters to enhance market access and secure competitive terms for clients. Stay ahead of industry trends, regulatory changes, and emerging risks that may impact high-value clients. Represent the company at industry events, conferences, and exclusive networking forums to strengthen brand presence.
  • Performance & Compliance: Ensure all client interactions comply with Financial Conduct Authority (FCA) regulations and internal compliance policies. Maintain accurate records of client policies and renewals. Meet and exceed revenue, retention, and profitability targets while upholding service standards.
Qualifications & Skills:
  • Education & Experience: A-C in Mathematics and English. CCII/ACII qualification (or working towards) is highly desirable. Experience in managing and growing a book of commercial business is required.
  • Technical & Industry Knowledge: Deep understanding of a range of commercial insurance products. Strong knowledge of FCA regulations, compliance requirements, and industry best practices.
  • Leadership & Strategic Skills: Proven ability to develop and maintain strategic, high-value client relationships. Track record of driving business growth and profitability. Exceptional negotiation, communication, and presentation skills. Ability to lead and inspire a team, promoting a culture of excellence and continuous improvement.

Commercial Insurance Broker - Account Director employer: Psixty UK Ltd

Our client is an exceptional employer, offering a dynamic work environment where innovation and professional growth are at the forefront. With a passionate leadership team and a commitment to employee development, the role of Account Director not only allows for strategic influence over high-value clients but also provides opportunities for mentorship and collaboration within a highly skilled team. Located in a thriving market, employees benefit from a culture that values excellence, fosters strong relationships, and encourages participation in industry events, making it a truly rewarding place to advance your career in commercial insurance.
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Contact Detail:

Psixty UK Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Broker - Account Director

✨Tip Number 1

Network actively within the commercial insurance sector. Attend industry events, conferences, and seminars to meet potential clients and partners. Building relationships with key stakeholders can open doors to new opportunities and help you stand out as a candidate.

✨Tip Number 2

Stay updated on industry trends and regulatory changes that affect commercial insurance. This knowledge will not only enhance your conversations with potential employers but also demonstrate your commitment to the field and your ability to provide valuable insights.

✨Tip Number 3

Consider seeking mentorship from experienced professionals in the commercial insurance space. They can provide guidance on best practices, help you refine your negotiation skills, and offer advice on how to effectively manage high-value client relationships.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully managed and grown a portfolio of commercial clients in previous roles. Highlight your strategic approach to client management and any innovative solutions you've implemented to drive business growth.

We think you need these skills to ace Commercial Insurance Broker - Account Director

Client Relationship Management
Negotiation Skills
Strategic Thinking
Business Development
Insurance Product Knowledge
FCA Compliance Knowledge
Leadership and Mentoring
Market Analysis
Communication Skills
Presentation Skills
Problem-Solving Skills
Team Development
Networking Skills
Analytical Skills
Risk Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance, particularly in managing high-value clients. Use specific examples to demonstrate your success in client retention and business growth.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your qualifications, such as CCII/ACII, and how your experience aligns with their needs, especially in strategic client management and business development.

Highlight Leadership Experience: Since the role involves mentoring account executives, emphasise any previous leadership roles or experiences where you successfully guided a team. This will show your capability to inspire and develop others.

Showcase Industry Knowledge: Demonstrate your deep understanding of commercial insurance products and FCA regulations in your application. Mention any relevant trends or changes in the industry that could impact high-value clients, showcasing your proactive approach.

How to prepare for a job interview at Psixty UK Ltd

✨Showcase Your Industry Knowledge

Make sure to demonstrate your deep understanding of commercial insurance products and FCA regulations during the interview. Prepare specific examples of how you've successfully managed and grown a portfolio of clients in the past.

✨Highlight Your Negotiation Skills

Since the role involves leading policy negotiations, be ready to discuss your negotiation strategies and successes. Share instances where you secured competitive terms for clients and how that positively impacted their business.

✨Emphasise Relationship Building

The Account Director role requires strong relationships with clients and insurers. Be prepared to talk about how you've built and maintained these relationships in previous roles, and how you plan to do so in this position.

✨Demonstrate Leadership Qualities

As a senior role, showcasing your leadership skills is crucial. Discuss your experience in mentoring team members and how you've contributed to a high-performance culture in your previous positions.

Commercial Insurance Broker - Account Director
Psixty UK Ltd
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