Commercial New Business Executive
Salary: £45,000-£50,000 plus bonus (dependant on experience)
Full Time position,
Permanent Contract
Location: Great Tey, Colchester
Monday – Friday 9.00 am to 5 pm (37.5 Hrs)
Introduction to NFU Mutual
NFU Mutual offers a wide range of products and services, including general insurance, life, pensions and investments and has been providing quality insurance for its customers, for over 110 years. We carefully balance delivering excellent service to our customers whilst ensuring the business is run effectively. As a mutual, supporting our customers and paying their claims comes first. We are a top ten UK insurance company and the UK’s largest rural insurer, with an agency network of over 250 local offices.
About the Agency
As a local agency of NFU Mutual we deliver a first-class service, and sell their product range across our region, to customers old and new, who are at the core of everything we do. We are a business where honesty, integrity, and trust are at the heart of our values. We champion the personal approach to customer service that NFU Mutual are famous for.
An exciting opportunity has now arisen within the Colchester Agency.
About the Role
This is a newly created role within the agency, reflecting our ambitious plans for growth and the expansion of our commercial sales team. The Commercial New Business Executive will be responsible for generating and securing new business opportunities in the commercial space, the successful candidate will play a key part in delivering the agency’s sales strategy and sector development, helping to drive sustainable and profitable growth in line with NFU Mutual’s strategic objectives.
Key Responsibilities:
* New Business Development by delivering personal sales targets by identifying, prospecting, and securing new commercial clients
* Sector Focus - growth in key commercial sectors including;
o Motor Trade
o Manufacturing
o Building and Allied Trades
o Property Owners
o Retail
o Wholesalers
o Fleet
* Sales Planning & execute sales strategies using relevant market research, sector knowledge, and competitor insight to identify and convert opportunities.
* Client Relationship Management by building and maintain strong, long-term client relationships, delivering tailored insurance solutions that meet clients’ needs and exceed expectations.
* Cross-Selling to proactively identify opportunities to introduce and refer NFU Mutual’s wider proposition, including;
o Financial Services (Protection, Pensions & Investments)
o Risk Management Services
o Health & Safety Consultancy
* Compliance & Quality - Operate at all times within the compliance, conduct and regulatory framework as set out by NFU Mutual. Maintain high standards of advice and ensure documentation and processes are always audit-ready.
* Collaboration & Communication - Work collaboratively with the wider agency team and NFU Mutual colleagues to support agency growth and deliver joined-up customer service.
* Development & Learning- Take responsibility for maintaining up-to-date knowledge of insurance products, regulatory changes, market trends and sales skills.
About You
* Proven track record of successful commercial insurance sales
* Experience dealing with mid to high premium cases
* Strong interpersonal and negotiation skills
* Ability to deliver against targets
* Commercial awareness and understanding of client needs across relevant sectors
* Professional, organised and customer-focused approach
* Commitment
Benefits
* Full Training & Development will be provided which includes technical knowledge and sales soft skills.
* Support with CII qualifications.
* A supportive and friendly working environment .
* 25 days holiday plus bank holidays
* Free parking at our office in Great Tey
* Company Pension Scheme
Please apply in writing with CV and covering letter to: Lorraine Mead at Lorraine_e_mead@nfumutual.co.uk. (Your data will be stored for up to 1 year).
No Agencies please.
Closing date for all applications: 25th August 2025
Please note you will be employed by an Agent of NFU Mutual and not NFU Mutual directly.