Commercial Insurance Advisor

www.topfinancialjobs.co.uk - Jobboard; Somerton; On-site; GBP 30,000 - 45,000; Full time

Job summary

A reputable broker in Somerton is seeking a Commercial Insurance Advisor to enhance their thriving team. The role involves managing small to medium commercial insurance risks and ensuring high-level service delivery while meeting business targets. Candidates should possess relevant broking knowledge and strong interpersonal skills to effectively engage with clients and meet their insurance needs.

Benefits

Negotiable basic salary + bonuses

Pension plan

CII Studies/exams covered

Wide range of additional benefits and discounts

Qualifications

• Experience broking commercial insurances across various sectors.
• Ability to develop and maintain business contacts.
• Strong understanding of market trends and economic dynamics.

Responsibilities

• Achieve renewal retention and new business targets.
• Conduct thorough pre-renewal reviews with clients.
• Review documentation and ensure accuracy for client needs.

Skills

Excellent interpersonal skills

Written communication skills

Verbal communication skills

Planning and organisation skills

Pro-active and self-motivated

Education

CII Membership

Job description

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