At a Glance
- Tasks: Supervise new business insurance functions and manage client relationships effectively.
- Company: Join SJL Insurance Services, a forward-thinking insurance broker with a national and international reach.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Dynamic role with opportunities for networking and career growth.
- Why this job: Make an impact in the insurance industry while developing your skills and career.
- Qualifications: Experience in insurance preferred; strong communication and organisational skills required.
The predicted salary is between 30000 - 40000 £ per year.
Overview
Role: Account Executive
Location: Worcester
Working Hours: Monday – Friday, 9am-5pm or 9:30am-5:30pm
Department: New Business
Line Manager: Commercial Manager
The Role
SJL Insurance Services is an innovative, forward-thinking insurance broker that provides a high-quality, professional service to a national and international portfolio of clients. We are looking for an Account Executive to join our new business function, ideally with insurance experience in either a commercial or personal lines role, successfully winning new business and managing the process throughout.
Responsibilities
- To supervise or carry out the new business function of insurance for clients dealing with telephone enquiries promptly, ensuring fair treatment of our clients.
- To process new business quote instructions compliantly and efficiently.
- To work with internal lead generators to put together target campaigns with the goal of appointment setting, ‘hot keys’ or renewal date capture.
- Cultivate existing clients for recommendations and cross-sell and upsell opportunities.
- To react to leads generated by existing means (introduces, Website SEO, returning customers, recommendations etc.) in a timely and professional manner.
- To achieve pre-agreed conversion metrics and targets.
- To attend meetings with clients where needed to discuss the programme of insurance at both new business and renewal.
- To attend networking events, exhibitions, trade fairs, expos and similar events where needed.
- To ensure that all communications with clients are accurately recorded as per the Firm’s Procedures Manual.
- To utilise all markets available which may be better suited to the client’s requirements or which may offer preferential terms.
- To develop ongoing, mutually beneficial relationships with Brokers, Clients, Introducers and Insurers.
- Negotiate terms with insurers in the best interest of the insured.
- Adhere to all company policies as detailed in the company handbook.
- Embrace and use Broker Assess for all CPD, ensuring you meet minimum standards as laid out by the firm.
- Respond in a timely manner to all client queries and ensure that communications with the customer and/or insurers, or other relevant business contacts are recorded and uploaded onto the firm's back office recording system.
Skills & Qualifications
- Ability to prioritise and organise own workload to ensure that deadlines are adhered to.
- Ability to construct effective written communications, including letters, emails and reports.
- Ability to liaise confidently and effectively via the telephone, in writing and face to face.
- Able to manage time effectively.
- Knowledge and understanding of a wide range of insurance contracts including current market conditions.
- Knowledge and understanding of FCA rules and guidelines as well as GDPR & IDD.
- Knowledge and understanding of the firm's IT system and use of its computer quotation engines.
- Willingness to continue to learn and develop.
- Entrepreneurial outlook with the ability to cold call (both face to face and over the phone) when needed.
- To always act with integrity.
- To always act with due care, skill & diligence.
- To always be open and cooperative with the FCA, the PRA, any other regulators, compliance teams etc.
- To observe proper standards of market conduct.
Account Executive - Worcester employer: We Are Workforce Ltd
Ferris UK Ltd is an excellent employer that values its employees by offering a supportive work culture and opportunities for professional growth. Located in Redditch, the company provides competitive salaries, a company vehicle, and ongoing training, making it an ideal place for skilled Bathroom Fitters and Tilers to thrive in their careers while enjoying the benefits of working in a family-run environment.
StudySmarter Expert Advice🤫
We think this is how you could land Account Executive - Worcester
✨Tip Number 1
Network like a pro! Attend industry events, trade fairs, and networking meet-ups to connect with potential employers and other professionals. Remember, it’s all about who you know, so don’t be shy!
✨Tip Number 2
Follow up on your applications! If you’ve applied through our website, drop a quick email or LinkedIn message to the hiring manager. A little nudge can go a long way in showing your enthusiasm for the role.
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their success. This will help you stand out as a candidate who’s genuinely interested in the role.
✨Tip Number 4
Practice your pitch! Be ready to talk about your experience and how it relates to the Account Executive role. Highlight your skills in managing client relationships and winning new business – that’s what they want to hear!
We think you need these skills to ace Account Executive - Worcester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Account Executive role. Highlight any relevant insurance experience and skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the insurance industry and how your background makes you a great fit for SJL Insurance Services. Keep it engaging and personal.
Showcase Your Communication Skills:Since effective communication is key in this role, make sure your written application reflects your ability to construct clear and professional messages. We love candidates who can express themselves well in writing!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at We Are Workforce Ltd
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of insurance contracts and current market conditions. Being able to discuss these topics confidently will show that you're not just interested in the role, but that you understand the industry too.
✨Practice Your Communication Skills
Since the role involves a lot of client interaction, practice how you communicate both verbally and in writing. Prepare for common interview questions and think about how you would explain complex insurance concepts in simple terms.
✨Show Off Your Organisational Skills
Be ready to discuss how you prioritise and manage your workload. Think of examples from your past experience where you successfully met deadlines or handled multiple tasks at once. This will demonstrate your ability to thrive in a busy environment.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about the company culture, team dynamics, and expectations for the Account Executive role. This shows your genuine interest and helps you assess if the company is the right fit for you.
