Account Executive – Insurance
Tunbridge Wells
£22,000 - £32,000 (dependent on experience), plus a bonus, excellent career progression and more
My client is an extremely well-established insurance provider with multiple branches across the UK. Due to expansion, they are looking for an Account Executive with commercial insurance experience to join their team on a permanent basis.
My client offers a collaborative, supportive working environment, a bonus scheme, training and fantastic career progression due to their size and expansion plans for the next 12 months and beyond.
Insurance Account Executive – More Info and Duties:
The purpose of the role is to provide quotations for New Business and Renewals to assist the Branch and be a referral point for the Assistants. The role requires dealing with clients over the phone and via e-mail to ensure retention and sales targets are maximised, through the provision of efficient communication & negotiation skills.
You will need to have good judgement, be analytical, have great attention to detail, be flexible, self-motivated, driven & deliver excellent customer service whilst always adhering to their individual underwriting authority limits and in accordance with the procedure manual. Duties Include:
- Delivering good outcomes for customers and putting the customer’s interests first.
- Ensure the customer understands what we sell and support the customer in anyway you can.
- Deliver excellent customer service whilst meeting customer requirements efficiently & effectively for New Business.
- Understand the processes and procedures required to provide quotations & put forward suitable products to meet the clients demands and needs.
- Calculate New Business premiums in accordance with the specific carrier’s risk appetite and guidelines or liaise with insurers for all non-delegated authority business.
- Ensure that you remain compliant in everything that you do; including but not limited to treating customers fairly, contract certainty & vulnerable customers.
- Required to understand the legal principles of insurance and insurance contracts including understanding of the coverage provisions, exclusions, and conditions of the policy wordings.
Insurance Account Executive – Over to you! Our ideal candidate will have;
- A minimum of 12-24 months experience working within a broking or underwriting environment.
- Excellent communication skills, including effective communication with clients and insurers, including clear explanation of complex insurance terms and conditions.
- An understanding of the UK insurance market, including trends, risks and regulatory changes.
- The ability to understand diverse client needs, including specific industry risks and business objectives.
- Strong interpersonal and negotiation skills.
- Honesty, integrity, reputation, competence/capability & financial soundness as required under the Financial Conduct Authority (FCA).
- Be positive, enthusiastic and motivational about what you do.
- Cert CII qualification is an advantage, but not a requirement.
In return, my client offers a collaborative, supportive working environment, a bonus scheme, training and fantastic career progression due to their size and expansion plans for the next 12 months and beyond.