Commercial
Insurance
Kingston Upon Thames

Commercial Insurance New Business Executive

Ref: 3571| Posted: 6th Sep 2021

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Commercial Insurance New Business Executive – Cheam – up to £33,000 OTE

 

Insure Recruitment are currently working exclusively with an independent broker who is seeking an experienced Commercial Insurance professional to join their sales team.

 

As part of the New Business Team the role will require you to make sales and market products through non-scheme and open market resources. You will be required to maintain thorough understanding or products, process sales and meet sales targets.

 

Job Responsibilities:

•             Gather information from your clients, assessing their insurance needs and risk profile

•             Research insurance companies' policies and negotiate with underwriters to find the most      suitable insurance for clients at the best price

•             Ensure that clients understand the terms and the extent of the cover provided in line with              industry regulations

•             Arrange specialised types of insurance cover in complex cases. This may involve preparing            reports for insurance underwriters and negotiating with insurers

•             Build and maintain ongoing relationships with your clients

•             Acquire new clients against competitors

•             Keep detailed records and complete administrative tasks such as paperwork and                correspondence

•             Develop relationships with stakeholders and customers

•             Keep up with changes in the insurance market and in your clients' industries

•             Collect insurance premiums and process accounts

•             Assist with the renewals of larger key accounts and amendments to policies

 

Job Specific Competencies:

Qualifications

•             Insurance qualified to minimum of certificate level

 

Experience

•             Minimum of 4-5 years previous commercial insurance experience in new business or account               management environment (preferably property, liability and motor)

•             Track record of personal development and growth in previous roles

 

Skills

•             Excellent numeracy and communication skills

•             Confidence to advise and negotiate with clients and underwriters

•             Ability to build, manage and develop relationships

•             Numerical skills

•             Business acumen and commercial awareness

•             Ability to plan and manage your time and to work on a number of projects concurrently

•             Strong problem-solving and analytical skills

•             Ability to work well in a team

•             Flexible approach to work

•             Understanding of client confidentiality and how to be discreet

•             Administrative and IT skills.

•             A proactive attitude and enthusiastic approach

•             Able to prioritise your workload

•             Understanding of principles of insurance

 

Behaviours

•             Commercially focused

•             Effective team player and collaborator

•             Excellent time management skills

•             Displays a willingness to learn from experiences and new situations

•             Maintain a conscientious, positive and enthusiastic approach to work, maintaining good      working relationships with colleagues.

•             Has the ability to work well under pressure

 

Office hours are a 35-hour week Monday to Friday.

 

Please apply to the role by submitting your most up to date CV. If your application is successful, we will be in touch within 2 working days of receiving your job application to discuss the opportunity in more detail.

 

Due to the overwhelming application response, should you not hear from us within 5 working days then please assume that your application has been unsuccessful.