Account Executive

897 Brown & Brown (Europe) Limited; Newbury; On-site; GBP 40,000 - 65,000; Full time

Benefits offered by this job

25 days holiday + Bank Holidays

Pension

Death in Service

Share save scheme

Job summary

Brown & Brown (Europe) Limited in Newbury is seeking an experienced Commercial Insurance Account Executive to join our professional team. The role involves understanding client operations, risk management and delivering complex insurance solutions to secure renewals and new business.

You will manage client relationships, develop new leads, and drive income growth through expanding existing accounts and pursuing new opportunities.

Qualifications

• Minimum 3+ years of commercial insurance broking experience.
• Proven ability to handle new business enquiries, renewals and midterm adjustments.
• Strong understanding of commercial insurance products and options.

Responsibilities

• Achieve new business & renewal targets.
• Engage with marketing strategy and promptly act on leads.
• Develop introducer relationships and generate own leads.
• Manage new business pipeline and cross-sell opportunities.
• Maintain high levels of customer service with existing clients.
• Attend client visits and complete fact-finding documents for new business.

Skills

Commercial insurance experience

Client relationship management

Sales & renewals

Tools

Acturis

Job description

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

Newbury

Salary

Negotiable + Bonus + Car Allowance

Overview

We are currently looking for an experienced Commercial Insurance Account Executive to join our professional and welcoming team at our Newbury 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. We are looking to the future and pride ourselves on having a market leading client service model and products. The office team consists of some of the best insurance minds and personalities in the area. 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 3+ years commercial insurance experience 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.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world's largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates - not employees, and leaders - not managers. Everything we do is about the greater 'WE' - never 'me'. While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission - always doing what is best for our customers.