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For Companies At a Glance
- Tasks: Manage and develop broker relationships while achieving sales targets.
- Company: Join Zurich, a leading insurance provider with a strong community focus.
- Benefits: Enjoy a generous pension scheme, annual bonuses, and 25 days holiday plus more.
- Why this job: This role offers growth opportunities, teamwork, and a chance to make an impact in the insurance industry.
- Qualifications: Cert CII qualification or working towards it; knowledge of the UK General Insurance market is essential.
- Other info: Flexible holiday options and paid volunteering days to support your passions.
The predicted salary is between 36000 - 60000 £ per year.
Overview
We are seeking a highly motivated Development Executive to join our team. The successful candidate will be responsible for managing and developing existing and new broker relationships. This role requires a forward thinker with exceptional interpersonal skills and a good understanding of the insurance industry., Cert CII qualification or working towards it.
Responsibilities
- Management and development of new and existing broker relationships.
- Development responsibility of broker accounts. These accounts will vary in size, complexity or technical in nature, with a view to helping you develop new skills and knowledge.
- With support from the outset if required, working with minimal supervision you will be responsible for delivery of own sales and business performance targets.
- Identifying actual and potential customers or intermediary needs and meet those from the various products and propositions that exist within the business.
- Complete a granular evaluation of your broker panel to drive maximum penetration/profit.
- Always represent Zurich in a professional manner.
- Identify and deliver appropriate marketing, sales campaigns, and initiatives across broker panel.
- Delivery of distribution strategy objectives.
- Achieve minimum required standard for completion of all essential business tools.
- Work with all brokers on panel to educate and implement new initiatives.
- Implement the Zurich distribution strategy and objectives through all allocated brokers.
- Gaining and feeding back market intelligence/activity.
- Carry out presentations and sales training for new product launches.
- Working alongside Underwriters and the wider business to provide brokers with a market leading service proposition.
- Ensure adherence to industry standards and best practices.
- Well-versed in the unique characteristics and trends of the UK General Insurance market.
- An interest in forging strong connections with brokers.
- Effective collaborator with a strong ability to work within a team environment.
- Excellent verbal and written communication abilities to articulate ideas clearly and confidently.
- Skilled in managing your schedule and prioritising tasks based on urgency and business needs.
- Ability to oversee and drive successful outcomes in these areas.
- Good planning skills to manage your diary effectively and prioritise tasks critical to business success.
Qualifications
- Cert CII qualification or working towards it.
- Good knowledge of market dynamics, product details, and technical aspects, with a strong drive to continuously improve.
- Well-versed in the UK General Insurance market.
Benefits
- 12% defined non-contributory pension scheme.
- Annual company bonus.
- Income Protection.
- Life cover – four times your salary.
- 25 days holiday a year plus bank holidays, with the option to swap UK bank holidays for cultural or religious days.
- The option to buy up to an additional 20 days or sell some of your holiday.
- Three days paid volunteering.
- Up to 16 weeks\\\’ full pay for maternity, paternity and adoption leave.
- Access to Private medical insurance and Virtual GP appointments.
- Discounted gym membership and free flu jabs.
- Access to wellbeing support from our partners.
- Zurich Community Trust has awarded grants and volunteered time to UK causes valued at over £90 million.
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Development Executive employer: Zurich Insurance
Contact Detail:
Zurich Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Executive
✨Tip Number 1
Network within the insurance industry to build connections with brokers and other professionals. Attend industry events, webinars, or local meetups to engage with potential contacts who can provide insights or referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in the UK General Insurance market. This knowledge will not only help you in interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 3
Prepare to discuss specific strategies for managing and developing broker relationships. Think about how you would approach different types of brokers and be ready to share examples of how you've successfully built relationships in the past.
✨Tip Number 4
Showcase your interpersonal skills during any interactions with our team. Whether it's through a phone call or an informal chat, being personable and approachable can make a significant difference in how you're perceived as a candidate.
We think you need these skills to ace Development Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in managing broker relationships and your understanding of the insurance industry. Use specific examples to demonstrate your interpersonal skills and any achievements in sales or business performance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for applying to this role. Mention your Cert CII qualification or your progress towards it, and explain how your skills align with the responsibilities outlined in the job description.
Showcase Your Knowledge: In your application, emphasise your understanding of the UK General Insurance market. Discuss any relevant market dynamics or trends you are familiar with, and how they relate to the role of Development Executive.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial for this role.
How to prepare for a job interview at Zurich Insurance
✨Know Your Brokers
Before the interview, research the brokers you will be working with. Understand their needs and how your role can help them succeed. This shows that you are proactive and genuinely interested in building strong relationships.
✨Showcase Your Communication Skills
As a Development Executive, excellent communication is key. Prepare to demonstrate your verbal and written skills during the interview. You might be asked to articulate complex ideas clearly, so practice explaining insurance concepts in simple terms.
✨Highlight Your Industry Knowledge
Familiarise yourself with the latest trends and dynamics in the UK General Insurance market. Be ready to discuss how these trends could impact broker relationships and sales strategies, showcasing your understanding of the industry.
✨Demonstrate Your Planning Abilities
The role requires effective time management and prioritisation. Be prepared to discuss how you manage your schedule and ensure that critical tasks are completed on time. Share examples of how you've successfully balanced multiple responsibilities in the past.
