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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 progression, and ongoing training opportunities.
- 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.
- Other info: Ideal for those looking to grow in a professional environment.
The predicted salary is between 30000 - 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
- 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
- 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
- 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 in Shrewsbury employer: RecruitedUK
Contact Detail:
RecruitedUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive in Shrewsbury
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers, whether it’s at a networking event or an interview, be ready to discuss your experience in generating new business and managing accounts. Use specific examples to highlight your achievements.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Account Executive position.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you a leg up. Plus, it’s super easy to keep track of your applications and stay updated on new roles that pop up.
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 generating new business and managing accounts, as well as your knowledge of commercial insurance products. We want to see how you can bring value to our team!
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 examples of how you've successfully managed client relationships or driven profitability in previous positions. Let us know what makes you tick!
Showcase Your Compliance Knowledge: Since compliance is key in this role, make sure to highlight your understanding of FCA regulations and how you've adhered to them in past roles. We appreciate candidates who take compliance seriously and can demonstrate their commitment to it.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen to join our team!
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. Familiarise yourself with the key responsibilities listed in the job description, as this will help you demonstrate your understanding of the role and how you can contribute to the company's success.
✨Showcase Your Success
Prepare specific examples of how you've successfully generated new business or managed accounts in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to see your impact and achievements.
✨Ask Smart Questions
Come prepared with insightful questions about the company’s growth strategies, client management processes, and compliance practices. This shows that you're genuinely interested in the role and helps you assess if the company is the right fit for you.
✨Demonstrate Your Organisational Skills
Since the role requires strong attention to detail and organisation, be ready to discuss how you manage your time and keep track of multiple accounts. You might even want to share tools or methods you use to stay organised, which can impress the interviewers.