Your new companyAt your new company everyone brings their own expertise and enthusiasm to work, to enable customers to make the right insurance decisions to meet their needs. They are passionate about helping customers and employees move on and up in life and business. They offer a variety of different career opportunities which enables people to fulfil their potential, and they provide a range of training and development opportunities including support for CII. Due to expansion of the Commercial Team, a position for a Renewals Executive has arisen.
Your new roleYou new role working as a Renewals Executive within the Commercial Team means you will report into the Renewals Team Leader and be responsible for retaining and expanding the existing book of business and to advise on the most appropriate insurance to meet the client’s needs. You will be responsible for renewing your own book of business each month (approx. 20+ clients, which are both client facing and telephone based), sell the benefits of renewals to clients and achieve income and retention targets, and manage incoming enquiries, deal with the request and direct to relevant departments. You will also accurately complete administrative tasks such; issue documents to the client, diary management, checking proposal documents, renewals re-broking, setting up policy records, creating client schedules, and handling insurer and client queries. Other duties will include providing quotes for existing clients generating new business e.g. excess layers, cross selling additional policies and making contact with clients when their policy falls due for renewal, ensuring that any cover or policy changes are actioned along with the completion of a full market search to obtain the most competitive product. Further duties will also include to administer the renewal from the initial review, through to market search, quotation, closing of sale, issuing of cover and follow up documentation requests and negotiate insurance rates with clients and underwriters and to trade with insurers to maximise income potential.
What you’ll need to succeedYour previous experience in commercial experience in a similar role in an insurance broking environment will contribute to your success in securing this role. You will have a proven track record of achieving targets / KPIs, excellent communication skills, be highly organised and have a systematic approach to work and good attention to detail. You will also be tenacious with presenting strong sales techniques and skills, knowledge of FCA regulatory requirements and professional telephone manner.
What you’ll get in returnYou will receive a salary of up to £45,000 depending on experience and receive support from directors and managers. You will also be working with a dynamic and like-minded team who offer full training and support.
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