Job description
Job Title: Commercial Insurance Broker
Salary: + Uncapped commission
Insured4Business is a young, innovative company serving all businesses and sectors across the UK, offering a range of insurances. Our mission is to deliver best-in-class customer service, value and premiums via our people, backed with proprietary technology. We're looking for a Commercial Insurance Broker to play a key role in shaping the company from the beginning.
In this role, you will manage a pipeline of new business enquiries from our website and develop a growing book of business in relation to commercial insurance, whilst ensuring full FCA compliance. You will generate revenue for the business and ensure a quality service is provided to all clients in accordance with their needs and requirements.
Key Responsibilities:
- Prospect new leads and ensure accuracy, efficiency and professionalism when dealing with both client, insurer and 3rd parties
- Initiate client contact to identify needs and negotiate with insurers to secure the most appropriate cover for the client
- Present recommendations and cover to the client, close the sale and ensure cover is on risk
- Secure cross-selling business and referrals
- Monitor own sales performance in line with targets and effectively manage the client portfolio
- Achieve and maintain a high level of customer service and promote exceptional customer care at all times
- Develop and maintain a professional working relationship with all clients and ensure expert advice in all areas of business
- Liaise with Account Handlers and the wider team whenever necessary
- Bring ideas and efficiencies to improve business processing
Key Performance Indicators:
- Ensure all Key Performance Indicators are achieved (new business, renewals, cross-selling, renewal/retention ratio and overall profitability) and are attained compliantly within FCA guidelines and regulation.
Requirements:
- Proven experience as a Commercial Insurance Handler / Executive or similar sales role
- Experience selling and arranging Packaged and Commercial Combined policies
- Excellent communication and negotiation skills,
- Comfortable speaking to business owners and asking for their business
- Ability to meet targets and the desire to exceed them
- Comprehensive FCA compliance knowledge
- A self-starter with a high level of motivation
- A team player who can collaborate with other departments and liaise with colleagues at all levels
- Fully/part Cert CII qualified
We offer a competitive salary and bonus package, as well as the opportunity to shape a company from the beginning. If you're looking for a challenging and rewarding role where you can make a real difference, we want to hear from you.
Please apply with your CV and a covering letter explaining why you're the ideal candidate for this position. We look forward to hearing from you!
Job Type: Full-time
Salary: £45,000.00-£60,000.00 per year
Benefits:
- Casual dress
- Company events
- Company pension
- Employee discount
- Employee mentoring programme
- Referral programme
Schedule:
- Monday to Friday
Supplemental pay types:
- Commission pay
- Performance bonus
Ability to commute/relocate:
- Cheltenham, GL50 1TA: reliably commute or plan to relocate before starting work (required)
Licence/Certification:
- CII Certificate (required)
Work Location: In person
Application deadline: 01/07/2023