At a Glance
- Tasks: Drive business growth by developing and executing sales strategies for insurance investment solutions.
- Company: Join a leading insurance broker with a focus on innovation and client relationships.
- Benefits: Competitive salary, flexible working options, and opportunities for professional development.
- Why this job: Make a real impact in the insurance sector while building valuable relationships.
- Qualifications: Experience in sales and a strong understanding of the insurance industry.
- Other info: Dynamic role with opportunities to lead special projects and collaborate across teams.
The predicted salary is between 36000 - 60000 Β£ per year.
We are seeking a dynamic and commercially minded insurance investment specialist. This is a senior sales-focused position with some potential flexibility regarding the job title. Our clients' Insurance Solutions team has a mandate to grow both advisory and asset-based revenue with a goal to ensure that efforts in the insurance segment are well aligned to corporate and country strategies.
This necessitates a clearly articulated proposition, a focused solutions and product offering and dedicated sales activity alongside excellent client service and relationship management. From this they align resources and coordinate activities across the organisation to offer these clients a scalable investment capability with which they can manage their asset and liability mix, manufacture, integrate or distribute our clients' funds, and access products and solutions to help them grow their business and de-risk their legacy books.
The aim is to differentiate our client through a strategic and technical understanding of the environment their clients operate in and to support them through first-class relationship management, client service, strategic partnerships and innovation.
Play a pivotal role in growing business with UK insurance clients through the delivery of a market leading product, solutions and client service proposition. Lead and drive business development activity to position our client as the leading and preferred investment solutions provider for insurers in the UK and Bermuda.
- Working with Investment Solutions colleagues, develop and execute a commercial/sales strategy for acquiring and growing insurance assets under management.
- Align the insurance investment advisory proposition with strategies for growing revenue through retainer and high value assignments.
- Ensure best practice business development activities, including client identification, opportunity origination and solution design.
- Develop and maintain strong relationships with internal/external stakeholders including Insurance Solutions, Client Service, Product, Marketing, Investments, Operations, Compliance, Finance and Legal.
- Lead/support special projects/initiatives across the business; Provide input to team development & strategy.
- Stay up to date on insurance industry themes and maintain a deep understanding of insurance client needs and requirements.
- Demonstrable track record of raising assets and/or advisory revenue from UK insurers.
- Firm grasp of the underlying investment, operational and regulatory issues that determine insurers' investment and business decision-making.
- Commercial awareness and confidence to effectively orchestrate outcomes through other teams and specialist groups.
Sales Executive - Insurance Broker employer: The Actuary Group
Contact Detail:
The Actuary Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Sales Executive - Insurance Broker
β¨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know, the better your chances of landing that Sales Executive role.
β¨Tip Number 2
Show off your expertise! Prepare to discuss your knowledge of the insurance market and how you can drive revenue growth. Be ready to share examples of your past successes in client relationship management.
β¨Tip Number 3
Practice your pitch! Whether it's a casual chat or a formal interview, make sure you can clearly articulate how you can add value to the team. Tailor your message to highlight your understanding of their needs.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Sales Executive - Insurance Broker
Some tips for your application π«‘
Tailor Your CV: Make sure your CV speaks directly to the role of Sales Executive - Insurance Broker. Highlight your experience in sales, client relationship management, and any relevant insurance industry knowledge. 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 position. Share specific examples of how you've driven business development and built strong client relationships in the past. We love a good story!
Showcase Your Commercial Mindset: In your application, demonstrate your understanding of the insurance market and how you can contribute to our growth strategy. Weβre looking for someone who can think commercially and align with our goals, so donβt hold back on your insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. Itβs the best way for us to receive your application and ensures you donβt miss out on any important updates. Letβs get your journey started!
How to prepare for a job interview at The Actuary Group
β¨Know Your Insurance Stuff
Make sure you brush up on the latest trends and regulations in the insurance industry. Being able to discuss current themes and demonstrate your understanding of client needs will show that you're not just a sales person, but a knowledgeable partner.
β¨Showcase Your Relationship Management Skills
Prepare examples of how you've successfully built and maintained relationships with clients or stakeholders in the past. Highlighting your ability to connect with others will be crucial, as this role heavily relies on excellent client service and relationship management.
β¨Demonstrate Commercial Awareness
Be ready to discuss how you can align sales strategies with broader corporate goals. Think about how you can contribute to growing revenue through innovative solutions and partnerships, and be prepared to share specific ideas during the interview.
β¨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems or develop strategies for acquiring new clients. Practise articulating your thought process clearly, as this will showcase your strategic thinking and ability to drive business development.