Commercial Sales Executive

Allen Insurance Insurance Recruitment; Sutton; On-site; GBP 25,000 - 35,000; Full time

Job summary

An insurance recruitment firm is seeking a Commercial Sales Executive in Sutton to drive sales and market products through various resources. The role involves assessing clients' insurance needs, negotiating with underwriters for optimal policies, and ensuring compliance with industry regulations. Building client relationships and maintaining comprehensive records are essential, along with processing premiums and assisting with account renewals. This position is pivotal in navigating changing market conditions to meet client expectations.

Responsibilities

• Gather information from clients to assess insurance needs and risk profiles.
• Research policies and negotiate with underwriters for suitable insurance.
• Ensure clients understand the terms and extent of their coverage.
• Arrange specialized types of insurance cover in complex cases.
• Build and maintain ongoing relationships with clients.
• Acquire new clients against competitors.
• Keep detailed records and complete administrative tasks.
• Develop relationships with stakeholders and customers.
• Keep updated with changes in the insurance market.
• Collect premiums and process accounts.
• Assist with renewals of larger key accounts.

Job description

About the job Commercial Sales Executive

As part of the New Business Team the role will require you to make sales and market products through non-scheme and open market resources. You will be required to maintain thorough understanding or products, process sales and meet sales targets.

Job Responsibilities:

• Gather information from your clients, assessing their Commercial Insurance needs and risk profile
• Research insurance companies’ policies and negotiate with underwriters to find the most suitable insurance for clients at the best price
• Ensure that clients understand the terms and the extent of the cover provided in line with industry regulations
• Arrange specialised types of insurance cover in complex cases. This may involve preparing reports for insurance underwriters and negotiating with insurers
• Build and maintain ongoing relationships with your clients
• Acquire new clients against competitors
• Keep detailed records and complete administrative tasks such as paperwork and correspondence
• Develop relationships with stakeholders and customers
• Keep up with changes in the insurance market and in your clients’ industries
• Collect insurance premiums and process accounts
• Assist with the renewals of larger key accounts and amendments to policies