New Business Executive

6 months ago

Colchester, United Kingdom WRS Insurance Full time

**Salary**:£28,000.00 - £34,000.00 per annum plus bonus package

**Qualifications & Experience**:

- Proven experience of working within the UK Insurance Industry, with working knowledge of most commercial insurance products
- Experience of working as an Account Handler/Executive in a similar broking environment (desirable)
- Chartered Insurance Institute Certificate in Insurance (or willingness to work towards)

**BENEFITS**:

- Hybrid working (upon successful completion of probation - 3 days in office, 2 days at home)
- Pension
- EAP Scheme
- 22 days holiday plus bank holidays, which increases with length of service
- A day’s holiday for your birthday
- Company annual bonus
- Free Parking
- Enhanced Maternity and Paternity package.
- Private Medical

**About You**:
Are you a sales driven, experienced insurance professional, keen to progress within a diverse and evolving business? Do you have previous experience of working in a similar role, thrive on building successful client relationships and are now looking for your next career move, within a company full of opportunity? If so, we may have just the right role for you.

**About the Role**:
WRS Insurance are pleased to be recruiting for a New Business focused Account Executive to join our team in Colchester.

The core aim of the role is to secure new business, generating revenue and developing the profitability of the business whilst ensuring full FCA compliance is maintained, in all aspects of commercial insurance. The successful person will be a seasoned specialist in commercial insurance and therefore responsible for handling new business with customers directly and also supporting and preparing quotations for the team leader in relation to larger clients.

**About Us**

Established in Romford, Essex in 1966, we are now located in Stanway, Colchester. WRS Insurance Brokers are a team of experienced, committed, and ethical insurance professionals. Our clients are located in Essex, London, East Anglia and throughout the UK - in many cases benefiting from our specialist knowledge of over 50 years in Church insurance, Charity insurance and Care insurance.

The key to our success is our continued ability to deliver the highest quality service to all our clients.

We are proud to be part of the Benefact Group - a charity owned, international family of financial services companies that gives all available profits to charity and good causes.

We are built on the idea that better business, can better lives.

**Key Responsibilities**:

- Actively secure new business by searching our panel of insurers to ensure the client is presented with the most suitable and cost-effective cover
- Support the New Business team when required
- Develop and maintain a professional working relationship with all clients and provide expert product advice and guidance
- Ensure accuracy, efficiency and professionalism when dealing with both the client and insurer and conducting related administration work;
- New Business & Mid Term Adjustments
- Queries
- Payment & Premium financing arrangements
- Ensure all business activity fully complies with FCA regulation and company procedures as detailed in the Conduct Polices and Guides to Best Practice
- Handle any complaints in accordance with regulation, the Company’s Conduct Policy, and Guide to Best Practice
- Conduct learning, training, and assessment exercises in accordance with the individual T&C scheme applicable to you. Identify further areas for own development as required
- Achieve and maintain a high level of customer service and promote exceptional customer care standards at all times
- Ensure compliance with the Individual Conduct rules and Conduct policies
- Ensure all other company practices and procedures are followed and adhered to
- Ensure all Key Performance Indicators are achieved and are attained compliantly with FCA regulation
- Develop and maintain effective and valuable relationships with insurers and underwriters for the benefit of the company and its clients
- Ensure personal data (client and employee) is secure, held and properly utilised in accordance with the principles of the Data Protection Act (2018) and Company policies
- Prioritise all client communication and ensure it is actioned in a timely way and in accordance with company procedures
- Maintain all computer and paper files in accordance with company standards (which should be fully compliant with FCA).

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

Pay: £28,000.00-£34,000.00 per year

**Benefits**:

- Bereavement leave
- Company car
- Company events
- Company pension
- Cycle to work scheme
- Enhanced maternity leave
- Enhanced paternity leave
- Free parking
- Health & wellbeing programme
- On-site parking
- Paid volunteer time
- Referral programme
- Sick pay
- Work from home

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus scheme

Ability to commute/relocate:

- Colchester, CO3 0BA: reliably commute or plan to relocate before starting wo

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