Commercial Insurance Advisor

Brown & Brown; Somerton; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading company is seeking a Commercial Insurance Advisor for their Somerton office. This role involves managing commercial insurance risks for small to medium businesses, achieving renewal and new business targets while providing exceptional service. Ideal candidates will have relevant broking experience and excellent communication skills.

Benefits

Negotiable basic salary + bonuses

Wide range of additional benefits (Pension, DIS, Holiday)

CII Membership and CII Studies paid

Qualifications

• Experience broking commercial insurances from various sectors.
• Handling quotations, renewals, and mid-term adjustments.
• Ability to develop and maintain business contacts.

Responsibilities

• Meet renewal retention and new business targets.
• Conduct pre-renewal reviews and recommend suitable policies.
• Ensure documents are issued within timelines.

Skills

Interpersonal skills

Communication skills

Attention to detail

Planning and organization

Team player

Job description

Position: Commercial Insurance Advisor

Location: Somerton, Somerset

Salary: Negotiable

Overview

We are currently looking for a Commercial Insurance Advisor to join the successful and welcoming broking team based out of the Somerton office.

The Commercial Insurance Advisor is a key position within the team dealing with small & medium commercial insurance risks for various businesses. With access to a wide number of market wordings and online underwriting systems providing a strong position when working with client's needs and demands.

Your purpose in this position will be to achieve the required renewals and new business results and contribute towards team/individual targets, whilst offering a bespoke high level service, adhering to company procedures and regulatory requirements.

This is a long term and progressive opportunity with a stable and reputable broker. You will need commercial insurance knowledge from a broking environment and enjoy the challenge of being part of a central team.

The day to day:

• Meet and deliver against your agreed Renewal Retention and/or New Business Targets, contributing towards the teams overall budget targets & KPI's
• Ensure you carry out thorough pre renewal reviews with your clients annually, identify customer needs, highlight any shortfalls in cover and advise your client accordingly
• Conduct a full insurer/market review for your client and then recommend the most suitable policy which protects the customers needs.
• Invite all policies within regulatory guidelines and ensure policies are renewed, on or before the renewal date.
• Review client documentation and ensure its accuracy and that it meets the client's needs.
• Ensure documents are issued within contract certain timelines.
• Identify and discuss with your clients any recommended and relevant additional covers
• Debt Management to ensure all monies are collected and allocated appropriately and keep line manager informed of any current, potential or perceived problems with bad debt.

What's on offer:

• Negotiable basic salary + bonuses
• Wide range of additional addon benefits and discounts (Pension, DIS, Holiday etc)
• CII Membership and CII Studies / exams paid

Your experience:

• Broking commercial insurances from a number of sectors such as liability property to financial lines
• Handling new business quotation enquiries, renewals and mid-term adjustments
• Experience of commerce and industry and familiarity with markets and economic trends
• Ability to develop and maintain business contacts and goodwill
• Excellent interpersonal, written and verbal communication skills
• Ability to prepare and present reports
• Pro-active and self-motivated
• Strong planning and organisation skills to meet deadlines
• Attention to detail
• Co-operative and supportive team player