Commercial Insurance New Business Executive

NJR Recruitment Ltd; Birmingham; On-site; GBP 45,000 - 70,000; Full time

Benefits offered by this job

25 days' annual leave

Death-in-service cover

Company pension scheme

Competitive mileage allowance

Support towards professional insurance

Career progression opportunities

Volunteering days

Job summary

NJR Recruitment Ltd in Birmingham is seeking a Commercial Insurance New Business Executive to drive new business, manage client relationships, and grow a profitable portfolio. You will work with an established team to win opportunities, secure competitive terms, and deliver tailored insurance solutions for mid-market and larger commercial risks.

The role offers a competitive salary with an excellent bonus structure, 25 days’ leave, and progression within a growing group.

Qualifications

• Experience in commercial insurance with ability to generate new business.
• Strong relationship-building skills and client service focus.
• Understanding of commercial markets and insurer relationships.

Responsibilities

• Proactively identify and secure new commercial insurance opportunities.
• Develop and maintain a strong pipeline of prospects.
• Build lasting relationships with clients and understand their needs.
• Collaborate with the account handling team to onboard clients smoothly.
• Negotiate terms with insurers to secure competitive cover.
• Conduct client reviews and renewals to maximise retention and growth.
• Report on activity, successes and opportunities against targets.

Skills

New Business Development

Client Relationship Management

Portfolio Growth

Negotiation

Account Handling

Education

CII qualification

Job description

Commercial Insurance New Business Executive

Location: Birmingham

Salary: Competitive salary plus an excellent bonus structure

The Opportunity

Are you a commercially minded insurance professional with a passion for winning new business and building lasting client relationships?

An established independent insurance brokerage in Birmingham is looking to recruit a driven Commercial Insurance New Business Executive to support its continued growth. This is an excellent opportunity to join a well-respected business with a strong presence in the UK insurance market, offering the backing of a wider group alongside the personal approach of a local brokerage.

Specialising in mid-market and larger commercial risks across a broad range of industries, the business offers the opportunity to develop a quality portfolio, work closely with an experienced team and make a genuine impact on its future growth.

The Role

This is a sales-focused position suited to someone who can confidently generate their own leads, identify commercial opportunities and convert prospects into long-term clients. You will benefit from support from an established account handling team, allowing you to focus on business development, client relationships and growing your portfolio.

Key Responsibilities

• New Business Development: Proactively identify, prospect and secure new commercial insurance opportunities, building and maintaining a strong pipeline.
• Client Relationship Management: Develop lasting relationships with prospective and existing clients, understanding their requirements and delivering tailored insurance solutions.
• Portfolio Growth: Build and retain a profitable book of business, with opportunities to develop accounts generated through the wider business.
• Account Development: Work closely with the account handling team to ensure a smooth onboarding process and consistently high standards of client service.
• Negotiation: Engage with insurers and markets to secure competitive terms and appropriate cover for clients.
• Renewals and Retention: Conduct client reviews, renewal meetings and ongoing account development to maximise retention and identify additional opportunities.
• Targets and Reporting: Work towards achievable new business income targets, monitoring performance and reporting on activity, successes and opportunities.
• Compliance: Maintain high professional standards while adhering to relevant regulatory requirements and industry best practice.

What We're Looking For

• Experience within commercial insurance, ideally across multiple classes of business.
• A proven ability to generate new business and develop a pipeline of prospective clients.
• Strong knowledge of the commercial insurance market, including insurer relationships and placement options.
• Excellent communication, negotiation and relationship-building skills.
• A commercially driven, tenacious approach, with the motivation to work towards income targets.
• The ability to work independently while contributing positively to a collaborative team.
• A commitment to delivering excellent client service and building long-term relationships.
• Industry qualifications such as CII are advantageous but not essential.

What's on Offer?

• Competitive salary with an excellent bonus structure.
• 25 days' annual leave, plus an additional day off for your birthday and recognised public and bank holidays.
• Death-in-service cover worth four times your salary.
• Company pension scheme and sickness policy.
• Competitive mileage allowance.
• Support towards professional insurance qualifications.
• Clear opportunities for career progression and professional development.
• The chance to join a growing, ambitious business with the backing of a wider insurance group.
• A collaborative working environment where individual contributions are recognised and rewarded.
• Opportunities to participate in charitable initiatives, including two additional paid volunteering days each year.

NJR17068.