Private Clients New Business Exec

7 months ago

Stafford, United Kingdom JMG Group Full time

**About Us**

Nowell & Richards provide tailored insurance solutions for high-net-worth individuals so they can relax safe in the knowledge that their assets are appropriately insured. Established in 1976, Nowell & Richards are now part of the JMG Group who are a Private Equity backed insurance broking group and a top 30 UK broker who place over £230m of Gross Written Premium into the market annually.

Nowell & Richards have a range of specific insurance solutions to support a wide variety of exclusive private clients including successful corporate leaders, entrepreneurs, high-profile individuals and professional sportspersons. We analyse the market as independent brokers and use our extensive expertise to tailor the most appropriate insurance programme for their personal and corporate needs.

**About the role**

Due to continued growth and expansion, Nowell & Richards are seeking to appoint an ambitious and established Private Clients Executive, with a focus on securing New Business opportunities, specifically in the MNW & HNW HH & Motor arena.

This will begin predominantly as an office-based role, with some visits, as you will be responsible for generating revenue and developing the profitability of the business whilst ensuring full FCA compliance. Our team ensure that a quality service is provided to all clients in accordance with their needs and requirements.

**Key duties will include**
- Attending client visits where appropriate, networking and making professional initial contacts
- Lead generation
- Completing a thorough identification of needs with prospective clients
- Negotiation and presentation to insurers in order to secure most appropriate cover for the client
- Presentation of recommendations and cover to the client
- Closing the sale and ensuring cover is on risk
- Securing cross selling business and referrals
- Monitoring own sales performance in line with targets and effectively manage your client portfolio
- Ensuring all business activity fully complies with FCA regulation and company procedures
- Handle any complaints in accordance with regulation, the Company’s Conduct Policy and Guide to Best Practice
- Achieve and maintain a high level of customer service and always promote exceptional customer care standards
- Develop and maintain a professional working relationship with all clients and ensure expert advice in all areas of business
- Liaising with Account Handlers when appropriate
- Ensuring accuracy, efficiency and professionalism when dealing with both clients and insurers

**What we’re looking for**

To be successful in the role, you must have the following skills
- Previous experience in a new business role within a broker environment, looking after a variety of Private Clients.
- Strong client reputation & customer service excellence
- Working knowledge of a variety of insurance products
- Experience of working to high standards of FCA compliance
- I.T. skills including use of an insurance IT system, ideally Acturis
- Strong organisation skills
- Strong regulatory and compliance awareness
- Cert CII qualifications desirable

**What we offer**
- A professional and supportive team environment
- Competitive salary commensurate with level of experience plus OTE
- Hybrid working pattern following successful training / probation period
- Company Pension scheme
- Generous holiday entitlement, including birthday day off
- Bupa Healthcare Cash Plan
- Life Assurance
- Electric Vehicle Salary Sacrifice Scheme
- Professional Qualifications, Memberships and Study Support (Cert, DIP or ACII)

**Job Types**: Full-time, Permanent

**Benefits**:

- Additional leave
- Company car
- Company events
- Company pension
- Cycle to work scheme
- Enhanced maternity leave
- Enhanced paternity leave
- Health & wellbeing programme
- Referral programme
- Sick pay
- Work from home

Schedule:

- Monday to Friday
- No weekends

Supplemental pay types:

- Bonus scheme

**Experience**:

- Sales: 1 year (preferred)

Ability to Commute:

- Stafford, ST18 0LQ (required)

Work Location: In person

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