At a Glance
- Tasks: Drive revenue growth by securing new business and building strong client relationships.
- Company: Dynamic insurance company with a focus on innovation and collaboration.
- Benefits: 26 days holiday, career progression, CII qualifications, and 24-hour wellbeing support.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
- Why this job: Join a vibrant team and make a real impact in the insurance industry.
- Qualifications: Strong communication skills and a passion for business development.
The predicted salary is between 36000 - 44000 £ per year.
Please Note: This role will be split between our London and Petersfield offices.
The purpose of the Development Executive role is to drive revenue growth by identifying and securing new business opportunities, building strong relationships with prospective clients, and nurturing those relationships from initial engagement through to successful sale closure. The Development Executive will be responsible for representing the business externally, attending networking events and maintaining client engagement throughout the sales cycle. A strong understanding of how to attract new and retain existing clients is essential, with a focus on boosting sales and profitability. By staying abreast of the latest industry developments, the role will play a key part in identifying emerging opportunities and shaping the organisation’s approach to business development in a competitive market as well as converting internal and external referrals to PC & PL.
What will you be doing?
- Develop and maintain a robust pipeline of new business opportunities by collaborating with internal teams to re-engage lapsed and cancelled clients and leveraging commercial referrals and execute targeted sales campaigns.
- Work closely with commercial and PC & PL to encourage and convert new client referrals, fostering a collaborative approach to business development.
- Maximise conversion of prospective clients by engaging with the PC & PL insurer panel to understand market appetite, sector focus, and align opportunities with insurer capabilities.
- Act as the first point of contact for new clients, managing the administration of their insurance requirements accurately and efficiently to support a seamless end-to-end new business process.
- Ensure all new client communications are completed in line with local procedures, performance standards, and operating frameworks. Accurately record client data across relevant systems in accordance with operational strategy and compliance requirements.
- Collaborate within PC & PL teams to identify and address barriers to new business growth, share knowledge and best practices, raise concerns, and propose solutions that support divisional performance.
- Adhere to all Group policies and procedures related to conflict of interest, Treating Customers Fairly (TCF), and regulatory compliance (FCA). Ensure all company standards and controls are followed to maintain a compliant and customer-focused approach.
Benefits
- Holiday entitlement of 26 days plus bank holidays.
- Opportunity to progress your career across the entire Group.
- Gain CII or ACII qualifications to boost your knowledge and career prospects.
- Pension scheme for when you feel it’s time to retire.
- 24-hour support for physical and mental wellbeing.
- 1 days paid volunteering day to give back to our communities.
- The Spotlight Awards, where we shine a light on the brightest talent across our group.
Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.
Development Executive - Personal Lines in London employer: Stanhope Cooper
Stanhope Cooper is an excellent employer, offering a supportive and inclusive work environment in Petersfield where you can thrive as an Insurance Account Handler. With a focus on employee well-being, generous benefits including 26 days of holiday, and clear pathways for career progression, you'll find meaningful opportunities to grow while being part of a dedicated team that values diversity and high customer service standards.
StudySmarter Expert Advice🤫
We think this is how you could land Development Executive - Personal Lines in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Stanhope Cooper. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Development Executive - Personal Lines in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Stanhope Cooper.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Stanhope Cooper's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Stanhope Cooper
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Stanhope Cooper.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Stanhope Cooper will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Stanhope Cooper employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
