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For Companies At a Glance
- Tasks: Manage and grow a portfolio of existing clients while developing new leads.
- Company: Join a top-rated Commercial insurance broker in the Midlands with strong support.
- Benefits: Enjoy flexible working options and earn bonuses based on portfolio growth.
- Why this job: This role offers a chance to build relationships and make an impact in the insurance industry.
- Qualifications: 5+ years as a Commercial Account Executive or New Business Producer required.
- Other info: Strong starting salary based on experience, with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
We are partnered with an independent broker who boasts 25% growth in the past 12 months who are looking to expand further over the coming years and due to that looking to hire another Account Executive.
Responsibilities
- Develop and maintain strong relationships with clients and underwriters
- Develop new business
- Manage a portfolio of existing accounts
- Analyse client\’s insurance needs and provide appropriate solutions
- Negotiate terms and conditions with insurers on behalf of clients
- Stay updated on industry trends and changes in insurance policies
Qualifications
- Proven experience in insurance
- Strong communication and negotiation skills
- Ability to work independently and as part of a team
- Knowledge of various insurance products and services
Day-to-day
- Communicating with clients and underwriters
- Researching and analysing insurance options
- Preparing and presenting proposals to clients
- Attending industry events and networking opportunities
Benefits
- Competitive salary (up to £50,000) and benefits package
- Opportunities for career advancement and professional development
- Supportive and collaborative work environment
- Access to industry-leading resources and tools
If you are a professional with a passion for insurance and a desire to take on a new challenge, we encourage you to apply for this exciting opportunity.
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Commercial Account Executive employer: STRIDE RESOURCE MANAGEMENT LTD
Contact Detail:
STRIDE RESOURCE MANAGEMENT LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Account Executive
✨Tip Number 1
Network actively within the insurance industry, especially in the Midlands. Attend local events, seminars, and workshops to meet potential clients and other professionals who can refer you to opportunities.
✨Tip Number 2
Leverage social media platforms like LinkedIn to connect with decision-makers in businesses that align with your target market. Share relevant content and engage with their posts to build rapport and visibility.
✨Tip Number 3
Consider reaching out to former colleagues or clients to rekindle relationships. They may have leads or insights into potential opportunities that could help you grow your portfolio.
✨Tip Number 4
Stay updated on industry trends and changes in the insurance market. This knowledge will not only boost your confidence during discussions but also position you as a valuable resource for clients.
We think you need these skills to ace Commercial Account Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience as a Commercial Account Executive. Focus on your client service skills, portfolio management, and any achievements in growing client accounts.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific examples of how you've successfully managed client portfolios and generated new leads in the past.
Highlight Relevant Experience: In your application, emphasise your minimum of 5 years' experience in the field. Discuss your technical knowledge and ability to engage with commercial clients about their insurance needs.
Showcase Your Growth Mindset: Demonstrate your hunger and desire to succeed by including examples of how you've previously grown a client base or improved client relationships. This will resonate well with the company's expectations.
How to prepare for a job interview at STRIDE RESOURCE MANAGEMENT LTD
✨Showcase Your Client Service Experience
Make sure to highlight your previous client service roles and how they have prepared you for this position. Discuss specific examples where you've successfully managed client relationships and contributed to portfolio growth.
✨Demonstrate Your Industry Knowledge
Familiarise yourself with the latest trends in the commercial insurance market. Be ready to discuss how these trends could impact clients and how you can leverage them to grow the portfolio.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle client objections. Prepare scenarios from your past experiences where you successfully navigated challenges and turned them into opportunities.
✨Express Your Growth Mindset
Convey your enthusiasm for growing the client portfolio and your willingness to put in the hard work required. Share your strategies for developing a strong prospect network and how you plan to achieve your targets.