Commercial Account Executive

Astute Insurance Solutions Limited; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance brokerage in Greater London is seeking a Commercial Account Executive to manage and grow a book of business. The role involves ensuring compliance with FCA regulations while delivering exceptional service to clients. Candidates should have at least 5 years of experience in commercial insurance and a strong understanding of industry practices. Benefits include a competitive salary, hybrid working options, and professional development opportunities.

Benefits

Competitive salary

Hybrid working environment

Company pension scheme

Generous holiday entitlement

Life assurance

Qualifications

• 5 years experience in a similar role in commercial insurance.
• Strong track record of meeting sales targets.
• Experience in FCA compliance.

Responsibilities

• Manage and grow a small book of existing business.
• Develop a pipeline of new commercial clients.
• Ensure high-quality service and compliance.

Skills

Commercial insurance products knowledge

Client relationship management

FCA compliance

Sales target achievement

IT skills (Acturis or OpenGI)

Organizational skills

Customer service skills

Regulatory awareness

Education

Cert CII or willingness to achieve

Job description

Commercial Account Executive

Location: Astute Insurance Solutions Limited

Department: Astute Insurance Solutions

Salary: Competitive Salary & Benefits

Hours: 35

Contract Type: Permanent

Overview

Astute Insurance Solutions has an established reputation for providing bespoke insurance solutions to a variety of commercial clients, ranging from SMEs to corporates. Established in 2009, we are proudly part of the wider JMG Group a top 30 UK broker with a strong presence across the UK who are experiencing rapid growth and continued success in the market.

Role Purpose

The successful Account Executive will be responsible for managing a small book of commercial business for existing clients and will be tasked with growing and developing a strong pipeline of new business in relation to various lines of Commercial Insurance, whilst ensuring full FCA compliance. The overall purpose of the role will be to ensure a high-quality service is provided to all clients in accordance with their needs and requirements whilst also growing revenue for the business.

Responsibilities

• Retain existing clients through active client management.
• Build client confidence in Astute through demonstrating knowledge and delivery of service.
• Identify and contact potential clients, converting to new business.
• Communicate the firm’s proposition to clients effectively.
• Generate referrals and make introductions for the client to other areas of the firm’s operations.
• Follow Astute processes and policies.
• Work within FCA rules and guidance as interpreted by the firm’s compliance policies and processes.
• Proactively create, manage and follow through prospects to create a pipeline of prospective new clients.
• Collect fees and premiums in accordance with the firm’s processes.
• Build good working relationships with your immediate team and all other stakeholders and effectively network with suppliers and clients.
• Achieve assigned sales targets.

Qualifications

• Previous experience as a Senior Commercial Account Handler / New Business Executive, ideally with 5 years industry exposure.
• Strong understanding of commercial insurance products.
• Experience of working to high standards of FCA compliance.
• Consistent record of target achievement and business growth.
• I.T. skills including use of an insurance IT system, ideally Acturis or OpenGI.
• Strong organisational skills.
• The ability to work to a high level of accuracy.
• Exemplary customer service skills with the ability to build solid relationships with clients and insurers.
• Regulatory and compliance awareness.
• Willingness to work towards Cert CII or already hold qualifications.
• Full UK Driving licence and willingness to be attending client visits regularly.

Benefits

• Competitive salary commensurate with level of experience.
• Hybrid working environment following successful settling in period.
• Company Pension scheme.
• Generous holiday entitlement.
• Life Assurance.
• Many more.

Culture

Astute Insurance Solutions is a Commercial Insurance brokerage based in Northampton. Our team service and advise clients in a broad range of sectors including Professional / Property / Construction / Manufacturing / Logistics. We have a reputation for providing bespoke insurance solutions helping a wide variety of commercial clients from larger SMEs to Corporates. Astute Insurance are proud to be part of JMG Group and our longstanding success can be attributed to our client focused approach and quality of service.

JMG Group place over £380m of Gross Written Premium into the market and our teams are very well respected in the industry. Customer excellence and doing the right thing is the backbone to our business ethos, which means that our talented people, high‑tech systems, and robust processes are all central to our continued success.

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