Development Executive

Posted 6 Days Ago
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London, Greater London, England, GBR
In-Office
Mid level
Insurance
The Role
Develop and retain commercial insurance clients by sourcing new business, preparing quotations, renewals and MTAs, placing cover across commercial lines, maintaining insurer relationships, meeting FCA requirements, and delivering sales and service targets.
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 – London
Salary – Negotiable + Bonus

Overview:

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

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 range of market leading wholesale and inhouse underwriters to competitively place 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, hybrid working if required but ideally based out of the London 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)
  • Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares (post probation).

Your Experience:

  • Relevant commercial insurance broking industry experience.
  • Desire to win new business, with some renewals and mta’s
  • 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
  • Co-operative and supportive team player


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
  • Knowledge of typical commercial insurance classes (Liabilities, PI, Commercial Combined, Property Owners, Cyber, D&O, Fleets, Motor Trade)
  • New business development skills and ability to win renewals and MTAs
  • Ability to develop and maintain client and insurer relationships
  • Understanding of and ability to meet FCA regulatory requirements
  • Excellent interpersonal, written and verbal communication skills
  • Confident in creating compelling market insurance presentations
  • Pro-active, self-motivated with planning and organisation skills
  • Attention to detail and cooperative team working
  • Knowledge of company industry types and operating conditions
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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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