At a Glance
- Tasks: Manage business renewals and provide top-notch customer service in the insurance sector.
- Company: Join SJL Insurance Services, a forward-thinking insurance broker with a national and international reach.
- Benefits: Enjoy a supportive work environment with opportunities for professional growth and development.
- Other info: Dynamic team culture focused on respect, fairness, and transparency.
- Why this job: Make a real impact by building relationships and providing tailored insurance solutions.
- Qualifications: Strong communication skills and a willingness to learn about insurance contracts and regulations.
The predicted salary is between 40000 - 50000 £ per year.
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. As an Existing Business Executive, you will manage a panel of business, including MTA’s and Renewals, to which cases are split between property, commercial and direct/wholesale. Managing renewals, it is essential that you do so with a view of retaining, cross selling and gaining referrals. Working with customers, it is vitally important that you ensure an excellent level of customer service at all times, meeting the demands and needs of each, in line with our compliance framework. It is also important that you have the ability to identify any additional client requirements, ensuring that you provide insurance advice and solutions as a result.
Responsibilities & Duties:
- To ensure all renewals are invited as per FCA guidelines (in good time), compliantly and efficiently.
- To develop ongoing, mutually beneficial relationships with clients, introducers and insurers.
- Adhere to company policies in company handbook.
- Embrace and use Broker Assess for CPD, ensuring you meet standards as laid out by the firm.
- Regular reporting to Senior Executive.
- Supervise or carry out data capture for renewals and enquiries promptly, ensuring fair treatment of our clients.
- Prepare market presentation and carry out broking exercises as instructed.
- Ensure that you contribute to making SJL the best possible working environment where all external and internal stakeholders are treated with respect, fairness and transparency.
- To always act with integrity, due care, skill and diligence, observing proper standards of market conduct.
Skills Required:
- Ability to prioritise and organise workloads, ensuring 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.
- 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 firms IT system and use of its computer quotation engines.
- Willingness to continue to learn and develop.
Existing Business Executive - Worcester employer: Workforce
Join a dynamic team that values innovation and collaboration, where your role as a Recruiter will directly impact the growth of our manufacturing, engineering, and hospitality sectors. We offer competitive salaries, a supportive work culture, and ample opportunities for professional development, all set in a vibrant location that fosters creativity and teamwork. Experience the satisfaction of making meaningful connections while enjoying a workplace that prioritises employee well-being and success.
StudySmarter Expert Advice🤫
We think this is how you could land Existing Business Executive - Worcester
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Workforce). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Workforce. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Existing Business Executive - Worcester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Workforce.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Workforce. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Workforce
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Workforce to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Workforce, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Workforce's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
