At a Glance
- Tasks: Grow client accounts and manage insurance policies with precision.
- Company: Join Thomas, Carroll, a leading name in the insurance industry.
- Benefits: Enjoy flexible working options and a supportive team culture.
- Other info: Opportunity to work on exciting projects and develop your skills.
- Why this job: Make an impact by helping clients navigate their insurance needs.
- Qualifications: 3+ years in commercial insurance; Cert CII preferred.
The predicted salary is between 36000 - 60000 £ per year.
- Development and growth of an account of clients to predetermined targets
- Interaction with prospects and clients to collect and collate information in respect of new business enquiries, renewals and mid-term adjustments
- Preparation of presentations and submissions to insurers and suppliers
- Overseeing the broking of risks to insurers and suppliers
- Negotiate policy terms, conditions, premium and income
- Review market results, analyse information gathered and undertake sufficient research, to make suitable insurer and product recommendations and demonstrate competency by explaining the extent of cover
- Production and presentation of new business quotation and renewal terms
- Conduct periodic reviews with clients to review their needs
- Attendance at insurer survey, meetings with loss adjuster or other service providers to manage the client account
- Provide advice to clients and prospects on an ongoing basis in respect of current insurance policies and additional insurance products for consideration
- Arrange cover to comply with the client instructions
- Process new business, renewal and mid-term adjustments efficiently, effectively and in accordance with FCA and Thomas, Carroll procedures
- Check all documentation for accuracy before issuing to clients or appropriate parties
- Review management information and reports as necessary, ensuring that the appropriate action is taken
- Debt management work to ensure premiums and fees are collected and allocated appropriately and keep line manager informed of any current, potential or perceived problems with bad debts
- Assist the Finance Team with any accounting queries, the allocation of cash received and settlement of accounts
- Maintain accurate client and prospect records
- Build good working relationships with insurers, clients and prospects
- Advise line manager of any current, potential or perceived problems with insurer markets or service providers
- Assist colleagues in the completion of their duties
- Direct leads to other companies within the Thomas, Carroll Group
- Undertake and participate in work related projects as requested
Desirable Experience:
- 3+ years experience in insurance
- CII Certificate in Insurance
SME Account Executive in Caerphilly employer: Thomas Carroll
At Thomas Carroll, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our SME Account Executive role provides not only competitive benefits but also ample opportunities for professional growth and development within the insurance sector. Located in a vibrant area, our team enjoys a supportive environment where every employee is valued, and their contributions are recognised, making it a truly rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land SME Account Executive in Caerphilly
✨Tip Number 1
Network with professionals in the insurance industry, especially those who have experience as Account Executives. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Familiarise yourself with the specific products and services offered by StudySmarter. Understanding our offerings will help you tailor your conversations with clients and demonstrate your knowledge during interviews.
✨Tip Number 3
Prepare for role-play scenarios that may come up during the interview process. Practising how to handle client interactions, negotiations, and presentations can give you a significant edge.
✨Tip Number 4
Stay updated on market trends and regulatory changes in the insurance sector. Being knowledgeable about current events will show your commitment to the industry and your ability to provide informed advice to clients.
We think you need these skills to ace SME Account Executive in Caerphilly
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in commercial insurance, especially any roles where you've developed and grown client accounts. Use specific examples to demonstrate your skills in negotiation and client management.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the SME Account Executive role. Mention how your background aligns with the responsibilities listed, such as preparing presentations and managing client accounts. Be sure to include your Cert CII qualification status.
Showcase Your Achievements:When detailing your work experience, focus on quantifiable achievements. For instance, mention how you successfully negotiated policy terms or improved client satisfaction rates. This will help demonstrate your competency and effectiveness in the role.
Proofread Your Application:Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that all information is accurate and that your application reflects professionalism, as attention to detail is crucial in this industry.
How to prepare for a job interview at Thomas Carroll
✨Know Your Insurance Basics
Make sure you brush up on your commercial insurance knowledge. Understand the key terms, policies, and market trends that are relevant to the role. This will help you demonstrate your expertise and confidence during the interview.
✨Prepare for Client Scenarios
Think about potential client scenarios you might encounter in the role. Be ready to discuss how you would handle new business enquiries, renewals, and mid-term adjustments. This shows your problem-solving skills and ability to manage client relationships effectively.
✨Showcase Your Negotiation Skills
Since negotiating policy terms and conditions is a big part of the job, prepare examples of past negotiations you've successfully handled. Highlight your approach and the outcomes to illustrate your capability in this area.
✨Demonstrate Relationship Building
Building good working relationships with clients and insurers is crucial. Be prepared to share examples of how you've developed strong professional relationships in the past and how you plan to do the same in this role.
