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- Tasks: Generate new business and manage client relationships in a dynamic insurance environment.
- Company: Established commercial insurance provider with a supportive team culture.
- Benefits: Competitive salary, commission structure, and 25 days annual leave plus bank holidays.
- Why this job: Kickstart your career in insurance with full training and real impact on business growth.
- Qualifications: Experience in insurance or sales, strong communication skills, and target-driven mindset.
- Other info: Join a motivated team with excellent career progression opportunities.
The predicted salary is between 24000 - 42000 £ per year.
Lutterworth based, 5 days in the office.
Permanent, Monday to Friday, 35hrs (9.00 - 17.00).
£28,000 - £35,000+ pa (depending on experience) + Commission.
Our client, a well-established commercial insurance provider based in Lutterworth, is seeking a Commercial Insurance Account Executive to join their New Business team. This is an excellent opportunity for a driven individual to generate new business income and manage prospects, with full training provided for those with transferable insurance experience.
The key responsibilities of a Commercial Insurance Account Executive (New Business):
- Generate new business through outbound calls and proactive prospecting.
- Manage and maximise opportunities from the company database.
- Conduct fact-finding to identify client requirements and provide suitable quotations.
- Obtain and present quotations, advising on the most appropriate cover and pricing.
- Liaise with clients, insurers and underwriters via phone and email.
- Maintain accurate client records, including risk awareness and objectives.
- Issue documentation and confirm cover in line with company procedures.
- Work towards achieving new business income targets and KPIs.
The minimum requirements for the Commercial Insurance Account Executive (New Business) role:
- Previous experience within insurance (commercial preferred, but other lines considered).
- Strong communication skills and confidence speaking with clients.
- Ability to work in a target-driven environment.
- Highly organised with strong attention to detail.
- Understanding of insurance principles and compliance requirements.
- Proficiency using CRM systems and internal processes.
- Advanced knowledge of Material Damage (including Business Interruption), Employers Liability and Public/Products Liability.
The ideal candidate for the Commercial Insurance Account Executive (New Business) role:
- Experience in a new business or sales-focused insurance role.
- Knowledge across additional commercial lines such as Professional Indemnity, D&O, Cyber or Contract Works.
- Confident in generating leads and converting opportunities.
- Proactive, motivated and commercially minded.
Commercial Insurance Account Executive benefits:
- Commission structure.
- 25 days annual leave plus bank holidays (increasing with service).
- Company benefits package following successful probation.
The Caraires Consultancy operates with integrity by treating our clients, applicants and suppliers in a fair and honest manner as we want to be treated.
Interested? Please apply below or reach us for an informal chat. If you have sent us a copy of your CV and not had a reply within 5 working days, we would kindly ask you to assume your application on this occasion has been unsuccessful.
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Job Types: Full-time, Permanent.
Work Location: In person.
New Business Account Executive in Leicester employer: The Caraires Consultancy
Contact Detail:
The Caraires Consultancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land New Business Account Executive in Leicester
✨Tip Number 1
Get to know the company inside out! Research their values, culture, and recent news. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Practice your pitch! You’ll want to be able to confidently explain how your experience aligns with the role of a New Business Account Executive. Keep it concise and focus on your achievements in generating new business.
✨Tip Number 3
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. Building connections can give you insider info and might even lead to a referral!
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace New Business Account Executive in Leicester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the New Business Account Executive role. Highlight your relevant experience in insurance and any sales achievements. 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 passionate about this role and how your skills align with what we're looking for. Keep it engaging and personal – we love a bit of personality!
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from showing off your confidence in your writing. We’re keen to see how you interact!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at The Caraires Consultancy
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of commercial insurance principles, especially around Material Damage and Liability. Being able to discuss these topics confidently will show that you're serious about the role and understand what’s at stake.
✨Practice Your Pitch
Since this role involves generating new business, practice how you would pitch your services to potential clients. Role-play with a friend or family member to get comfortable with your delivery and to refine your approach.
✨Be Data Savvy
Familiarise yourself with CRM systems and how they work. If you can demonstrate your ability to manage client records and track opportunities effectively, it’ll give you an edge over other candidates.
✨Show Your Proactivity
Prepare examples of how you've successfully generated leads or converted opportunities in the past. Highlighting your proactive nature will resonate well with the interviewers, as they’re looking for someone who can hit the ground running.