At a Glance
- Tasks: Generate and secure new commercial business opportunities in the insurance sector.
- Company: Leading insurance business with a focus on growth and innovation.
- Benefits: Comprehensive training, 25 days holiday, free parking, and a supportive environment.
- Other info: Opportunity for professional development and CII qualifications.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Proven track record in commercial insurance sales and strong negotiation skills.
The predicted salary is between 30000 - 40000 £ per year.
Our client, a leading Insurance Business offering a wide range of products and services, is looking for an experienced Commercial New Business Executive to join their team. As Commercial New Business Executive, you will be responsible for generating and securing new Commercial business opportunities and play a key role in delivering the company's sales strategy and driving growth.
The ideal candidate will have experience in a New Business role, with a proven track record of converting new business, handling renewals, and building long-standing relationships within the Insurance industry.
What you will do as New Business Executive:
- Deliver personal sales targets by identifying, prospecting, and securing new Commercial clients
- Drive growth in key commercial sectors including Motor Trade, Manufacturing Building and Allied Trades, Property Owners, Retail, Wholesalers and Fleet
- Develop and execute sales strategies using market research, sector knowledge, and competitor insights to identify and convert opportunities
- Build and maintain strong, long-term client relationships, delivering tailored insurance solutions
- Identify opportunities to introduce and refer the business's wider proposition, including Financial Services, Risk Management Services and Health & Safety Consultancy
- Maintain up-to-date knowledge of insurance products, regulatory changes, market trends, and sales techniques
What they need a New Business Executive to have:
- Proven track record of successful Commercial insurance sales
- Experience managing high value cases
- Strong interpersonal and negotiation skills
- Ability to consistently deliver against targets
What they offer:
- Comprehensive training and development, including technical knowledge and sales skills
- Support towards CII qualifications
- A supportive and friendly working environment
- 25 days' holiday plus bank holidays
- Free parking
- Company pension scheme
If you think you have the relevant skills and experience required to be a great match for this role, send your CV through today or contact the office to discuss in more detail.
Commercial New Business Development Executive. Job in Colchester LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
Join a leading Insurance Business in Colchester, where you will thrive in a supportive and friendly environment that prioritises employee growth through comprehensive training and development opportunities. With a focus on delivering tailored insurance solutions, you will enjoy a rewarding career as a Commercial New Business Development Executive, complete with 25 days of holiday, a company pension scheme, and the chance to achieve CII qualifications while building long-lasting client relationships.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Commercial New Business Development Executive. Job in Colchester LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can lead to opportunities that aren’t even advertised!
✨Tip Number 2
Research is key! Know your potential clients inside out. Understand their needs and pain points so you can tailor your pitch. This shows you’re not just another salesperson but someone who genuinely wants to help them succeed.
✨Tip Number 3
Practice your pitch! Whether it’s a casual chat or a formal meeting, being able to clearly articulate how you can add value to a client’s business is crucial. Role-play with friends or colleagues to refine your approach.
✨Tip Number 4
Don’t forget to follow up! After meetings or networking events, send a quick message to thank them for their time and reiterate your interest. It keeps you on their radar and shows you’re proactive, which is a great trait in sales.
We think you need these skills to ace Commercial New Business Development Executive. Job in Colchester LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial New Business Executive role. Highlight your experience in generating new business and building client relationships, as these are key for us.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve successfully converted new business and met targets in the past.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the insurance industry and how your skills align with our needs. Keep it engaging and personal.
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 don’t miss out on any important updates from us!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Stuff
Make sure you brush up on the latest trends in the insurance industry, especially around commercial products. Familiarise yourself with the company's offerings and how they stack up against competitors. This will show that you're not just interested in the role, but also in the industry as a whole.
✨Showcase Your Success
Prepare to discuss your previous achievements in new business development. Have specific examples ready that highlight your track record in converting leads and managing high-value cases. Use metrics where possible to quantify your success – numbers speak volumes!
✨Build Rapport
Since this role is all about building long-term relationships, practice your interpersonal skills. Be friendly and approachable during the interview. Remember, it’s not just about what you say, but how you connect with the interviewer. A good rapport can set you apart from other candidates.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your interest in the company and the role. Inquire about their sales strategies, growth plans, or how they support their team in achieving targets. This shows that you’re proactive and genuinely interested in contributing to their success.
