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For Companies At a Glance
- Tasks: Generate revenue and manage commercial accounts while delivering top-notch service.
- Company: Join a growing, professional insurance brokerage with a supportive culture.
- Benefits: Salary starting from £30,000+, career progression, and ongoing training.
- Why this job: Make an impact in a dynamic role with opportunities for growth and development.
- Qualifications: Experience in commercial insurance and strong negotiation skills required.
- Other info: Work in a fast-paced environment with a focus on compliance and client satisfaction.
The predicted salary is between 24000 - 42000 £ per year.
An exciting opportunity has arisen for an experienced Commercial Account Executive/Account Handler to join a growing, professional insurance brokerage. The purpose of this role is to generate revenue, drive profitability, and deliver a high-quality, compliant service to commercial clients. You will manage existing accounts, develop new business opportunities, and provide full support to the Managing Director and wider team.
Key Responsibilities
- New Business & Growth
- Proactively generate and convert new commercial business opportunities
- Identify cross-selling and referral opportunities
- Prospect new clients through marketing campaigns and promotional activity
- Account Management
- Manage a portfolio of commercial clients, including new business, renewals, and mid-term adjustments
- Assess risks and negotiate with insurers to secure appropriate cover
- Present recommendations to clients and ensure cover is placed on risk
- Handle claims efficiently and liaise with insurers and underwriters
- Monitor renewal lists and maintain accurate reporting data
- Compliance & Administration
- Ensure all activities comply with FCA regulations and company procedures
- Maintain accurate client records, files, and documentation
- Manage complaints in line with regulatory requirements
- Maintain diary systems and ensure timely follow-up of all client communications
- Performance & Development
- Achieve agreed KPIs, including new business, renewals, cross-selling, and profitability
- Maintain high levels of customer service and professional standards
- Participate in ongoing training in line with the company’s Training & Competence programme
The Ideal Candidate
- Previous experience in a Commercial Account Executive or Account Handler role
- Strong knowledge of commercial insurance products and risk assessment
- Proven ability to generate new business and manage renewals
- Excellent negotiation and client relationship skills
- Strong understanding of FCA compliance and regulatory requirements
- Highly organised with strong attention to detail
- Ability to work to targets and deadlines
What’s on Offer
- Salary from £30,000+ (depending on experience)
- Opportunity to grow within a professional and supportive environment
- Long-term career progression
If interested, please apply by sending us your most updated CV.
Account Executive in Shrewsbury employer: Recruited UK
Contact Detail:
Recruited UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive in Shrewsbury
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for an Account Executive role. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Get social! Use platforms like LinkedIn to showcase your expertise in commercial insurance. Share relevant articles, engage with industry discussions, and connect with potential employers. It’s all about making yourself visible!
✨Tip Number 3
Prepare for interviews by brushing up on your negotiation skills and understanding of FCA compliance. Be ready to discuss how you've successfully managed accounts and generated new business in the past. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! We love seeing candidates who take the initiative. Plus, it gives you a better chance to stand out from the crowd and show us why you’re the perfect fit for the role.
We think you need these skills to ace Account Executive in Shrewsbury
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 achievements that showcase your ability to generate new business and manage accounts effectively.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific skills like negotiation and client relationship management, and how they align with what we’re looking for.
Showcase Your Compliance Knowledge: Since compliance is key in this role, don’t forget to mention your understanding of FCA regulations. We want to see that you can navigate the regulatory landscape while providing top-notch service to our clients.
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!
How to prepare for a job interview at Recruited UK
✨Know Your Stuff
Make sure you brush up on your knowledge of commercial insurance products and risk assessment. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential asset to the team.
✨Showcase Your Successes
Prepare specific examples of how you've successfully generated new business or managed accounts in the past. Use metrics where possible to demonstrate your achievements, as this will help paint a clear picture of your capabilities.
✨Understand Compliance Inside Out
Familiarise yourself with FCA regulations and compliance requirements. Being able to discuss how you ensure compliance in your previous roles will highlight your professionalism and attention to detail.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s growth strategies and client management processes. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.