Commercial Account Executive

Posted 2 Days Ago
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Solihull, West Midlands, England, GBR
In-Office
Senior level
Insurance
The Role
Manage commercial insurance accounts, including new business, renewals, policy adjustments, client relationships, risk reviews, cross-selling, lead generation, negotiations with underwriters, and account growth. The role requires advising clients on suitable insurance solutions, preparing broking documentation, meeting sales targets, and delivering strong customer service. Candidates need at least five years of commercial insurance broking experience, knowledge of commercial insurance products, and a commitment to professional qualifications.
Summary Generated by Built In

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Title: Commercial Account Executive
Location: Solihull

Salary: Negotiable + Benefits + Bonus

Overview:

We are currently looking for a Commercial Account Executive to join the welcoming and experienced team in the Solihull office.

This role requires good understanding of client business operations, opportunities, risks and their approach to risk management and insurance. In addition you will need proven experience in the offer and presentation of complex commercial insurances  to secure renewal or new business elements to a clients programme. Relationship management and client service techniques are key to this role. Annual targets revolve around maintaining and achieving income growth on the account via the expansion of your client portfolio's and from any new business.

Experience of broking from within a variety of business sectors are welcomed and in return you will receive a career with opportunities, autonomy, stability and good financial rewards.

The day to day:

  • Achieve new business & renewal targets
  • Engage with marketing strategy and promptly act on leads.
  • Develop introducer relationships
  • Generate own leads and effectively manage new business pipeline
  • Generate cross selling leads for other departments according to target.
  • Manage ongoing relationships with existing clients ensuring high levels of customer service are provided.
  • Look to expand account by identifying additional sales opportunities with existing clients
  • Attend client visit and complete relevant fact-finding documents in respect of new business.
  • Renewal business, review last year’s documentation or client register (where applicable) along with current fact-find documentation with the client, updating facts, figures and requirements.
  • Review demands and needs of clients and advise on the most appropriate insurances to meet these.
  • Prepare broking notes for new business cases and work with AH to update renewal notes
  • Agree broking strategy with broking support and assist in the process where needed.
  • Review the broking exercise and complete final negotiations with underwriters when needed.
  • Produce closing instruction in line with company procedures and pass to AH for processing.

What’s on offer:

  • A negotiable basic salary + all the normal benefits (25 days holiday + Bank Holidays, Pension, Death in Service etc.)
  • Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares (post probation).
  • Full support for your professional development (including fully funded qualifications)

Your Experience:

  • Requirement of at least 5+ years commercial insurance experience either in broking
  • Ability to handle new business enquiries, renewals and midterm adjustments of various insurance policies
  • Good understanding of commercial insurance products and options
  • Acturis insurance broking software knowledge is an advantage
  • Commitment to progress towards Cert CII
  • Possession of a full driving licence


We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Skills Required

  • At least 5 years of commercial insurance experience in broking
  • Experience handling new business enquiries, renewals, and midterm adjustments for various insurance policies
  • Good understanding of commercial insurance products and options
  • Commitment to progress toward Cert CII
  • Full driving licence
  • Acturis insurance broking software knowledge
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The Company
HQ: Daytona Beach, FL
2,612 Employees
Year Founded: 1939

What We Do

At Brown & Brown, our guiding principles include building our team with the highest quality people and delivering innovative solutions and superior service. If you are a highly complex multinational company, an individual or anything in between, our experienced teams can help you view, analyze and purchase insurance efficiently. You will receive the personalized, dedicated service you deserve while leveraging the exceptional capabilities and peace of mind expected from a top brokerage to help protect what you value most.

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