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- Tasks: Handle client accounts, prepare propositions, and negotiate with insurers.
- Company: Join a leading boutique insurance broker in the UK market.
- Benefits: Enjoy flexible working with 4 days in-office and 1 day remote.
- Why this job: Make a real impact in a collaborative team environment.
- Qualifications: Minimum 2 years of commercial broking experience required.
- Other info: Salary up to £50,000 with opportunities for growth.
The predicted salary is between 36000 - 60000 £ per year.
Social network you want to login/join with:
Commercial Insurance Broker, Greater London
Client:
MW Appointments
Location:
Greater London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
3ca6d65d0d1b
Job Views:
5
Posted:
03.03.2025
Expiry Date:
17.04.2025
Job Description:
Summary
An exciting opportunity to join a small, boutique insurance broker who are the UK market leaders in their niche area. As an Account Executive, you will have the opportunity to handle the placement and servicing of a designated portfolio of client accounts with an emphasis on outstanding service delivery.
This role will suit someone who enjoys working for a small business and collaborating closely with colleagues to achieve shared goals. The role can be moulded to appeal to applicants with a minimum of 2 year’s commercial broking experience all the way through to someone with 30+ years of market knowledge.
Account Executive / Broker Overview
- Prepare new business propositions, arrange renewals and organise mid-term adjustments.
- Analyse risk profiles and identify cover that is Fit for Purpose.
- Create client presentations and provide explanation of quotations.
- Prepare underwriter presentations.
- Lead negotiations with insurer markets and secure favourable terms.
- Provide guidance and advice to new and existing clients.
- Work with the accounting team to ensure premium collections.
- Ensure all internal systems are updated.
What you need to show
- Solid experience within UK commercial business insurance.
- Established relationships with insurers.
- Client service driven work ethos.
- Resourceful / Diligent / Adaptable.
What is on offer
- Permanent contract.
- Salary to £50,000.
- Flexible Working – 4 days in the Farringdon office and 1 day working from home.
- Join a business that has carved out a specialist niche in the UK insurance market and are recognised as the go-to broker in that industry sector.
- Be part of a team where your ideas and expertise will be recognised and you can make a positive impact.
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Commercial Insurance Broker, Greater London employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Broker, Greater London
✨Tip Number 1
Make sure to leverage your existing network within the UK commercial insurance sector. Reach out to former colleagues or industry contacts who might have insights into the boutique insurance broker landscape, as personal referrals can significantly boost your chances.
✨Tip Number 2
Familiarize yourself with the specific niche that this broker operates in. Research their recent projects and client success stories to demonstrate your understanding of their market position during any discussions or interviews.
✨Tip Number 3
Prepare to discuss your experience with client service delivery in detail. Highlight specific examples where you went above and beyond for clients, as this role emphasizes a client service-driven work ethos.
✨Tip Number 4
Showcase your negotiation skills by preparing examples of past negotiations with insurers. Be ready to explain how you secured favorable terms for clients, as this will be crucial for the Account Executive role.
We think you need these skills to ace Commercial Insurance Broker, Greater London
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Commercial Insurance Broker position. Understand the key responsibilities and required skills, such as client service orientation and experience in UK commercial business insurance.
Tailor Your CV: Customize your CV to highlight relevant experience in commercial broking. Emphasize any established relationships with insurers and your client service-driven work ethos. Make sure to include specific examples of your achievements in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your ability to contribute to a small, collaborative team. Mention your adaptability and resourcefulness, and how these traits will benefit the company.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the insurance sector.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Experience
Make sure to highlight your solid experience within UK commercial business insurance. Be prepared to discuss specific examples of how you've successfully managed client accounts and delivered outstanding service.
✨Demonstrate Client Service Ethos
Since the role emphasizes a client service-driven work ethos, be ready to share instances where you went above and beyond for clients. This will show that you align with the company's values.
✨Prepare for Negotiation Scenarios
Given the importance of leading negotiations with insurer markets, practice discussing how you would approach negotiations. Think about strategies you've used in the past to secure favorable terms.
✨Familiarize Yourself with Their Niche
Research the specific niche that this boutique insurance broker operates in. Understanding their market position and unique offerings will help you tailor your responses and demonstrate your genuine interest in the role.
