At a Glance
- Tasks: Drive new business in commercial insurance through proactive sales and relationship building.
- Company: Established commercial insurance company with a focus on growth and innovation.
- Benefits: Competitive salary, commission structure, 25 days leave, and a supportive benefits package.
- Other info: Office-based role with a vibrant culture and opportunities for career advancement.
- Why this job: Join a dynamic team and make an impact by winning new business every day.
- Qualifications: Minimum 2 years in commercial insurance with a strong sales track record.
The predicted salary is between 35000 - 45000 £ per year.
£35,000 - £45,000 basic depending on experience + commission OTE £70,000
Lutterworth
Office-based | Monday to Friday | 9.00am - 5.00pm | Permanent
Our client, an established commercial insurance company based in Lutterworth is look for a proactive, resilient sales person to take on the role of a New Business Account Executive.
This is a pure new business sales role for an experienced commercial insurance professional who thrives on outbound prospecting, making calls, opening doors and converting opportunities into revenue.
You must have at least 2 years experience working within commercial insurance and be genuinely driven by sales. This is not a role for someone looking to service an existing book of clients your focus will be
100% on winning new business .
The Role
Generate new commercial insurance opportunities through high-volume outbound calling and proactive prospecting.
Contact identified leads and prospects to secure quotation opportunities.
Build relationships with business owners and decision-makers.
Conduct detailed fact-finds and work with the in-house underwriting team to develop appropriate terms.
Present quotations, explain cover, handle objections and negotiate to secure the sale.
Proactively follow up opportunities and maintain momentum through to conversion.
Identify cross-selling opportunities where appropriate.
Consistently achieve activity, conversion and income targets.
Accurately record all sales activity and interactions within Acturis.
Handover converted business to the relevant administration team for ongoing servicing.
What Were Looking For
Minimum 2 years commercial insurance experience.
A proven track record in sales and new business development .
A high-energy, target-driven and commercially hungry approach.
Comfortable making a high volume of outbound calls every day.
Resilient, persistent and motivated by rejection rather than discouraged by it.
Confident handling objections, negotiating and asking for the sale.
Excellent communication and relationship-building skills.
Strong organisation, follow-up and pipeline management.
Benefits include:
Commission structure
25 days annual leave plus bank holidays (increasing with service)
Company benefits package following successful probation
Interested?
Please apply below.
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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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.
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New Business Account Executive in London employer: The Caraires Consultancy
Join a vibrant school community in Rugby as a Part Time School Administrator, where your contributions will directly impact the educational experience of students. We offer a supportive work culture that values teamwork and communication, alongside opportunities for professional growth within the education sector. Enjoy a flexible term-time schedule that allows for a healthy work-life balance while making a meaningful difference in the lives of young learners.
StudySmarter Expert Advice🤫
We think this is how you could land New Business Account Executive in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Caraires Consultancy). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Caraires Consultancy. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace New Business Account Executive in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Caraires Consultancy.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Caraires Consultancy. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Caraires Consultancy
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Caraires Consultancy to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Caraires Consultancy, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Caraires Consultancy's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
