Development Executive

Brown & Brown, Inc.; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

Brown & Brown, Inc. is seeking a Commercial Development Executive to join our London-based broking team. You will understand client insurance needs and design solutions to protect assets and liabilities, while expanding our commercial book of business.

You will access market-leading underwriters and receive support from telemarketing and claims teams. The role offers a generous commission structure, hybrid working, and long-term platform for client servicing and growth.

Qualifications

• Relevant commercial insurance broking industry experience.
• Desire to win new business, with some renewals and MTAs.
• Knowledge of industry types and operating conditions.
• Ability to develop and maintain client relationships.
• Excellent interpersonal, written and verbal communication skills.
• Confident in creating compelling market insurance presentations.
• Pro-active and self-motivated.
• Planning and organisation skills to meet deadlines.

Responsibilities

• Deliver against agreed targets and plans.
• New Business Quotations, Renewals and MTAs - drive sales and service excellence & retain existing commercial book.
• Typical classes of insurance broking cover Liabilities, PI Combined, Commercial Combined, Property Owners, Cyber Liability, D&O, Fleets, Motor Trade, plus others.
• Creating a customer-led culture where sales and customer standards, discipline, activities and best practice are delivered.
• Ensure you are meeting FCA regulatory requirements.
• Able to build long standing relationships with insurers and clients.
• Seeking best policy for the customer whilst protecting the insurer.
• Prioritise time and attention on high value activities.
• Select the best course of action based on the available information.

Skills

Commercial broking

New business development

Relationship building

Communication skills

Proactive attitude

Job description

Commercial Development Executive Location – London Salary – Negotiable + Bonus

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We are currently looking for a Commercial Development/Account Executive to join the established and welcoming broking team in London. Your role will be to understand and approach businesses in terms of their insurance requirements and to design and administer insurance solutions for the protection of their material assets and liabilities.

Developing and retaining business you will have access to a range of market leading wholesale and inhouse underwriters to competitively place commercial insurance. You will need commercial insurance broking experience and new business development skills alongside a desire to grow a book of business. Support is provided by telemarketing services, dedicated claims handling teams, databases, account handlers, access to leading insurance products and networks.

It comes with a generous commission structure, hybrid working if required but ideally based out of the London office. This is a position that provides a good long term platform to service clients and win new business, backed by an international insurance broker presence with market agreements and scale.

Key Responsibilities

• Deliver against agreed targets and plans.
• New Business Quotations, Renewals and MTA's - drive sales and service excellence & retain existing commercial book.
• Typical classes of insurance broking cover Liabilities, PI Combined, Commercial Combined, *Property Owners, Cyber Liability, D&O, Fleets, Motor Trade, plus others.
• Creating a customer-led culture where sales and customer standards, discipline, activities and best practice are delivered.
• Ensure you are meeting FCA regulatory requirements.
• Able to build long standing relationships with insurers and clients.
• Seeking best policy for the customer whilst protecting the insurer.
• Prioritise time and attention on high value activities.
• Select the best course of action based on the available information.

What’s on offer

• Negotiable salary package
• Achievable performance related bonus paid monthly
• Additional benefits (e.g. Pension, Death in Service, Discounts, Holiday)
• Access to both Flexible benefits and our annual share save scheme (15% discount on BRO shares (post probation)).

Requirements / Experience

• Relevant commercial insurance broking industry experience.
• Desire to win new business, with some renewals and mta’s.
• Knowledge of company industry types and operating conditions.
• Ability to develop and maintain client relationships.
• Excellent interpersonal, written and verbal communication skills.
• Confident in creating compelling market insurance presentations.
• Pro- active and self-motivated.
• Planning and organisation skills to meet deadlines.
• Attention to detail.
• Co-operative and supportive team player.

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results.

With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates-not employees, and leaders-not managers. Everything we do is about the greater WE-not me. While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission-always doing what is best for our customers.