Commercial Development Executive
Salary – Negotiable + Bonus
We are currently looking for a Commercial Development/Account Executive to join the established and welcoming broking team in Newport.
Our Newport office is one of the fastest growing retail insurance brokers with a strong record of providing support and success for all that join them. Your role will be to understand and approach businesses regarding their insurance requirements, designing and administering insurance solutions to protect their assets and liabilities. Developing and retaining business, you will have access to a wide range of market-leading wholesale and in-house underwriters to competitively place various types of commercial insurance. You will need commercial insurance broking experience and new business development skills, along with a desire to grow a book of business.
Support is provided by telemarketing services, dedicated claims handling teams, databases, account handlers, access to leading insurance products, and networks. The position offers a generous commission structure, based out of the Newport office.
This role provides a solid long-term platform to service clients and acquire new business, backed by an international insurance broker presence with market agreements and scale.
The day-to-day responsibilities include:
1. Delivering against targets and plans.
2. Managing new business quotations, renewals, and mid-term adjustments to drive sales and service excellence, while retaining the existing commercial book.
3. Handling various classes of insurance such as liabilities, PI combined, commercial combined, property owners, cyber liability, D&O, fleets, motor trade, among others.
4. Creating a customer-led culture with high standards in sales, service, discipline, activities, and best practices.
5. Ensuring compliance with FCA regulatory requirements.
6. Building long-standing relationships with insurers and clients.
7. Seeking the best policy for the customer while protecting the insurer's interests.
8. Prioritizing high-value activities.
9. Making informed decisions based on available information.
What’s on offer:
1. Negotiable salary package.
2. Achievable performance-related bonus paid monthly.
3. Additional benefits such as pension, death in service, discounts, and holidays.
Your experience should include:
1. Relevant commercial insurance broking industry experience.
2. A desire to win new business, handle renewals, and mid-term adjustments for various insurance risks.
3. Knowledge of industry types and operating conditions.
4. Ability to develop and maintain client relationships.
5. Excellent interpersonal, written, and verbal communication skills.
6. Confidence in creating compelling market insurance presentations.
7. Proactive and self-motivated attitude.
8. Strong planning and organization skills to meet deadlines.
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