Commercial Account Executive (Inherited Portfolio) - Maidstone
Job Type: Permanent
Sector: General Insurance
Specialism: Account Executive
Location: London & South
Town/City: Maidstone
Salary range: £40,000 - £49,999, £50,000 - £59,999, £60,000 - £69,999, £70,000 - £79,999
Salary Description: £40K-£70k plus bonus & benefits
Posted: 18-Sep-24
Start Date: ASAP
Recruiter: Aston Charles
Job Ref: RJ-2208
Job Views: 10
For Account Executives wanting to join the premier league of broking, there can be few better opportunities to ‘up their game’ than with this global firm!
Due to the internal promotion of an incumbent member of the team, the need has arisen to appoint an additional Account Executive to its Maidstone office. Here, you will benefit from a lengthy (and warm!) handover to a longstanding portfolio of clients.
The exact make-up of this portfolio can be tweaked to suit your skills, experiences, and ambitions, but it is likely to stand at £200,000 in commission and fee income. Clients within this office’s portfolio range from £5,000 right through to £150,000, with a sweet spot between £10,000 - £40,000. You are likely to inherit clients from a range of sectors, including manufacturing, property owners, and professions.
Working with a talented team of Brokers and Account Handlers, you will be responsible for building a detailed understanding of your clients’ businesses and exposures to risk. You will scrutinise their programmes to ensure adequacy and develop ways to mitigate any gaps in cover. You will take the lead on renewals and be responsible for negotiating with insurers to secure comprehensive cover at competitive premiums.
It is essential that you are a team player committed to offering excellent client service, with strong communication skills (both written and verbal). This includes the ability to prepare a variety of reports and documentation. You should also have a good understanding of common commercial covers and be willing to continually develop your technical and market knowledge over the longer term.
In return, you will receive a generous basic salary (from circa £40,000-50,000 for a ‘Junior’ Account Executive, up to circa £70,000 for a more ‘seasoned’ veteran) plus one of the most lucrative bonus schemes in the market. You will also receive a competitive flexible benefits package, including an impressive pension arrangement that can be tailored to your personal circumstances.
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