Development Executive

Reposted 11 Days Ago
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Newport, Wales, GBR
In-Office
Mid level
Insurance
The Role
Develop and retain a commercial insurance book by identifying client needs, proposing and placing competitive insurance solutions, managing renewals and MTAs, meeting targets, building insurer and client relationships, ensuring FCA compliance, and delivering high standards of sales and service.
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.

Commercial Development Executive

Location – Newport, Wales

Salary – Negotiable + Bonus

We are currently looking for a Commercial Development/Account Executive to join the established and welcoming broking team in Newport.

Newport is one of Brown & Brown’s fastest growing retail insurance brokers locations with a strong record of providing support and success for all that join them. In short your role will be to understand and approach businesses in terms of their insurance requirements and to design and administer insurance solutions for the protection of their material assets and liabilities. Developing and retaining business you will have access to a wide range of market leading wholesale and inhouse underwriters to competitively place various types of commercial insurance. You will need commercial insurance broking experience and new business development skills alongside 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. It comes with a generous commission structure, based out of the Newport office.

This is a position that provides a good long term platform to service clients and win new business, backed by an international insurance broker presence with market agreements and scale.

The day to day:

  • Deliver against agreed targets and plans.
  • New Business Quotations, Renewals and MTA’s - drive sales and service excellence & retain existing commercial book.
  • Typical classes of insurance broking cover Liabilities, PI Combined, Commercial Combined, Property Owners, Cyber Liability, D&O, Fleets, Motor Trade, plus others.
  • Creating a customer-led culture where sales and customer standards, discipline, activities and best practice are delivered.
  • Ensure you are meeting FCA regulatory requirements
  • Able to build long standing relationships with insurers and clients
  • Seeking best policy for the customer whilst protecting the insurer
  • Prioritise time and attention on high value activities.
  • Select the best course of action based on the available information

What’s on offer:

  • Negotiable salary package
  • Achievable performance related bonus paid monthly
  • Additional benefits (e.g. Pension, Death in Service, Discounts, Holiday)

Your Experience:

  • Relevant commercial insurance broking industry experience.
  • Desire to win new business, handle renewals and mta’s for a range of insurance risks
  • Knowledge of company industry types and operating conditions
  • Ability to develop and maintain client relationships
  • Excellent interpersonal, written and verbal communication skills
  • Confident in creating compelling market insurance presentations
  • Pro-active and self-motivated
  • Planning and organisation skills to meet deadlines
  • Attention to detail


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

Skills Required

  • Relevant commercial insurance broking industry experience
  • Proven new business development skills and ability to grow a book of business
  • Experience handling renewals and mid-term adjustments (MTAs)
  • Knowledge of commercial insurance classes (Liability, PI, Commercial Combined, Cyber, D&O, Motor, Fleets etc.)
  • Ability to develop and maintain client and insurer relationships
  • Excellent interpersonal, written and verbal communication skills
  • Confidence in creating compelling market insurance presentations
  • Pro-active, self-motivated with planning and organisational skills to meet deadlines
  • Attention to detail
  • Ability to meet FCA regulatory requirements
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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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