Insurance Account Executive

Insurance Account Executive

Chelmsford Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Generate leads, manage accounts, and oversee marketing campaigns in commercial insurance.
  • Company: Join a modern Essex-based insurance broker with extensive industry experience.
  • Benefits: Enjoy a competitive salary, annual bonuses, pension, and on-site parking.
  • Why this job: Be part of a dynamic team that values innovation and client relationships.
  • Qualifications: Experience in commercial insurance and strong sales skills are essential.
  • Other info: Work in a vibrant office environment with opportunities for networking.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

Time Appointments are currently working on behalf of a growing, modern, forward-thinking Essex based insurance broker with a wealth of experience in the commercial insurance market. If you are an experienced Account Executive within Commercial Insurance this could be the role for you!

Key Responsibilities:

  • Generating own leads, as well as converting existing warm leads
  • Developing the client base and attending networking meetings
  • Undertaking sales activities, ensuring delivery of sales and marketing targets
  • Identifying and delivering appropriate marketing campaigns
  • Managing accounts of new and existing customers
  • Overseeing renewal re-broking within the broking team and working with the broking team to review quotations and decision making on placing of the business
  • Overseeing report summaries for presenting to customers at renewal
  • Recording, processing, managing information, and providing support of existing customer policies
  • Invoicing and account collection
  • Maintaining and sharing knowledge of available insurance products and underwriter contacts

The successful candidate will have vast experience within Insurance, desirably within Commercial Insurance. You will also have a natural flare for sales, with the ability to negotiate, communicate and build rapport with clients.

Benefits:

  • Annual bonus structure
  • Modern office environment
  • Great salary
  • Company pension
  • On-site parking

Insurance Account Executive employer: TIME Appointments Ltd

Join a dynamic and innovative insurance broker in Essex, where your expertise as an Insurance Account Executive will be valued and rewarded. With a modern office environment, competitive salary, and an annual bonus structure, we foster a collaborative work culture that encourages professional growth and development. Enjoy the benefits of on-site parking and a supportive team dedicated to your success in the commercial insurance market.
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Contact Detail:

TIME Appointments Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Account Executive

✨Tip Number 1

Network actively within the insurance industry, especially focusing on commercial insurance. Attend local events and join relevant online forums to connect with potential clients and other professionals who can refer leads to you.

✨Tip Number 2

Familiarise yourself with the latest trends and products in commercial insurance. This knowledge will not only help you in conversations with clients but also demonstrate your expertise during interviews.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully generated leads and closed deals in your previous roles. Highlighting your sales achievements will show that you have the skills needed for this position.

✨Tip Number 4

Research the company thoroughly before your interview. Understand their values, services, and market position so you can tailor your conversation to align with their goals and demonstrate your genuine interest in joining their team.

We think you need these skills to ace Insurance Account Executive

Sales Skills
Lead Generation
Client Relationship Management
Networking Skills
Negotiation Skills
Communication Skills
Account Management
Market Research
Insurance Product Knowledge
Renewal Management
Data Management
Presentation Skills
Financial Acumen
Problem-Solving Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in commercial insurance and sales. Use specific examples of how you've generated leads and managed accounts to demonstrate your suitability for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your ability to build client relationships. Mention any relevant achievements and how they align with the responsibilities outlined in the job description.

Highlight Relevant Skills: In your application, emphasise skills such as negotiation, communication, and account management. These are crucial for the Insurance Account Executive role and should be evident in your written materials.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is vital in the insurance sector.

How to prepare for a job interview at TIME Appointments Ltd

✨Know Your Insurance Products

Make sure you have a solid understanding of the various insurance products available, especially in the commercial sector. This knowledge will help you answer questions confidently and demonstrate your expertise during the interview.

✨Prepare for Sales Scenarios

Be ready to discuss your previous sales experiences and how you've successfully generated leads or converted warm leads. Prepare specific examples that showcase your negotiation skills and ability to build rapport with clients.

✨Understand the Company Culture

Research the company’s values and culture. Being able to align your personal values with those of the company can set you apart from other candidates. Show enthusiasm for their modern and forward-thinking approach.

✨Ask Insightful Questions

Prepare thoughtful questions to ask at the end of the interview. Inquire about their marketing strategies, client management processes, or how they support their employees' professional development. This shows your genuine interest in the role and the company.

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