Account Executive
Job Type : Permanent, Full Time
Salary : £40000 – £45000/annum commission structure
Commercial Account Executive
We are representing a highly reputable insurance company that is growing from strength to strength.
They are looking to employ individuals who share their values and have a passion for self-development. Our client heavily invests in their employees welfare and progression and all they ask in return is commitment.
Overall Objective
To manage a book of business of existing clients and develop a pipeline and secure new business. To service and develop the growth and profitability of the clients Account whilst ensuring full FCA compliance.
To generate revenue for the business and ensure a quality service is provided to all clients in accordance with their needs and requirements.
What can our client offer?
* Salary: £40,000+ per annum (dependant on experience)
* Hybrid working conditions: 3 days required in the office, multiple office locations.
* Generous commission structure.
* Pension match – our client will match the percentage you input.
* Death in service package
* Enquires me – Private injury insurance.
* 22 days holiday + bank holidays
* Highstreet store discount
* Summer and winter socials, nights out and company activities.
Duties and Responsibilities
* Service existing clients working effectively with Account Handlers
* Gaining new business by identifying and developing opportunities
* Promoting new products through regular visits and frequent communication with clients
* Increasing profitability of existing accounts by encouraging clients to use added value services.
* Advising on the most effective cover for a client’s particular need
* Achieve and maintain a high level of customer service and promote exceptional customer care standards at all times.
* Develop and maintain technical insurance knowledge to provide a professional working relationship with all clients and ensure expert advice in all areas of business.
* Ensuring credibility with clients by maintaining detailed knowledge of current market conditions and competitors’ products
* Monitoring and reporting own sales performance in line with agreed sales targets
* Ensure accuracy, efficiency and professionalism when dealing with colleagues’ clients and insurers and conducting related administration work:
* New Business
* Renewals
* Mid-Term Adjustments
* Working with Account Handlers and underwriters to amend policies where necessary to meet clients demands and needs.
* Handle any complaints in accordance with regulation, the Company’s Conduct Policy and Guides to Best Practice.
Key Competencies and Capabilities
* Ensure all Key Performance Indicators, as agreed with your Manager, are achieved and are attained compliantly with FCA regulation
* Behaviours to be in line with the capability and competency framework and company values
Never Rest – resilient in coping with setbacks, persuades and influences – looks for ‘win win’, work determinedly to do the right thing, displays drive, energy and enthusiasm, accuracy, and appropriate use of data/information
Embrace Change – looks for ways to initiate positive change and puts forward ideas, takes the initiative/problem-solves, embraces change positively and constructively, accepting of feedback in the right way, works efficiently and appropriately prioritises activities
Be Dependable – organisation, planning and delivery, acting reliably and do what you say you will, meets customers’ needs, making decisions, behaviours align to the vision and values
One Team – team player, communicates with positive impact, positive role model to others, development of others, builds mutually beneficial networks (internal/external)