Insurance Business Developement Executive
25 days ago
Southend-on-Sea
Insurance Business Development Executive | Southend-on-Sea | £30,000 up to £50,000 + | Mon-Fri 9am to 5pm About the Role This is an exciting opportunity for an experienced Insurance Business Development Executive to join a growing insurance brokerage. The role focuses on managing existing clients, generating new business, and driving profitability across a range of Commercial and Consumer Insurance products. You’ll play a key part in delivering exceptional service while ensuring full FCA compliance. The ideal candidate will be expected to hit the ground running. What You’ll Be Doing? • Managing and developing a portfolio of commercial and consumer insurance clients., • Generating new business opportunities and prospecting new leads., • Conducting client visits, identifying insurance needs, and presenting tailored solutions., • Negotiating with insurers to secure the most appropriate and competitive cover., • Presenting recommendations to clients and closing sales., • Cross-selling additional products and securing referrals., • Monitoring your own performance against targets and KPIs., • Ensuring all activity is fully compliant with FCA regulations and internal procedures., • Handling complaints in line with regulatory and company standards., • Maintaining accurate and compliant client records (digital and paper)., • Property Owners, • Commercial Combined Liability, • Professional Indemnity, • Cyber Insurance, • Adhering to all FCA regulations and the company’s Compliance Manual., • Understanding key areas such as Conduct of Business, Complaints, T&C, Conflicts of Interest, Financial Crime, Data Security, and Vulnerable Customers., • Supporting FCA reporting requirements where needed., • Participating in ongoing training, assessments, and supervision sessions., • Attending internal and external training courses., • Building and maintaining strong relationships with insurers and underwriters., • Meeting insurer administration requirements., • Supporting improvements to internal systems and website functionality., • Reporting any system weaknesses or potential breaches., • Ensuring all personal data is handled securely and in line with the Data Protection Act., • Prioritising and responding to client communications promptly., • Maintaining organised and compliant files., • Supporting Health & Safety standards and keeping the office presentable., • Monday to Friday 9:00am – 5:00pm, • Salary £30,000 up to £50,000 or more depending on experience, • 28 days holiday including Bank Holidays, • Onsite parking, • Pension Scheme, • Private Medical Insurance after probation