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For Companies At a Glance
- Tasks: Generate revenue and manage commercial accounts while delivering top-notch service.
- Company: A growing, professional insurance brokerage with a supportive culture.
- Benefits: Salary from £30,000+, career growth, and ongoing training opportunities.
- Other info: Ideal for those seeking long-term career progression in a professional environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in commercial insurance and strong negotiation skills.
The predicted salary is between 30000 - 35000 £ 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
Account Executive employer: RecruitedUK
Contact Detail:
RecruitedUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. We all know that sometimes it’s not just what you know, but who you know that can land you that Account Executive role.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their values, recent news, and how they operate. We want you to walk in feeling confident and ready to show them why you’re the perfect fit for managing their commercial clients.
✨Tip Number 3
Practice your pitch! You’ll need to demonstrate your ability to generate new business and manage accounts effectively. We suggest role-playing with a friend or using our resources to refine your approach and make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Account Executive role. Highlight your experience in generating new business and managing client accounts, as these are key for us. Use specific examples that showcase your skills in negotiation and compliance.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Tell us why you're passionate about commercial insurance and how your previous roles have prepared you for this position. Be sure to mention any relevant achievements that demonstrate your ability to drive profitability.
Showcase Your Compliance Knowledge: Since compliance is crucial in our industry, make sure to highlight your understanding of FCA regulations in your application. We want to see that you can manage risks effectively while maintaining high standards of service.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at RecruitedUK
✨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. Be ready to discuss how you've ensured compliance in previous roles, as this is crucial for the position and will highlight your attention to detail.
✨Ask Smart 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 aligns with your career goals.