Job Description

Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Newmarket (hybrid working of 2 days working from home per week available upon successful completion of probation)
About the role
Lycetts Insurance Brokers, who are proudly part of Benefact Group, are looking for an Account Executive to join our Newmarket office.
As an Account Executive, you will build a book of business in Farm & Estate, Commercial & Bloodstock; ensuring client retention, business growth, and cultural alignment. You will manage client renewals, negotiate with insurers, drive new business, and provide claims support. Strong relationship management and strategic insight are essential for success in this role.
Why join us?
Join a collaborative and inclusive culture that's committed to making a difference and building a more sustainable future. Ranked amongst the UK's top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group--where all profits go to charity and good causes.
What you'll be doing

• You will play a critical role in growing, retaining, managing and servicing your clients insurance needs; integrating new business, retaining an existing client base and providing expert advice.
• Providing excellent customer services through creating and building relationships
• Developing negotiation skills with underwriters to provide your clients with the very best policy for their requirements
• To source potential new clients, give advice on individual new business leads, set up meetings and lead presentations for large prospective clients;
• Advise and consult with clients as and when any claims arise, liaise with loss adjusters or internal claims teams where appropriate.
• Ensure New Business/Renewal targets are achieved
• Comply with all compliance requirements

What you'll need to have

• A positive 'can do' attitude and the ability to find solutions
• Attention to detail

What makes you stand out

• Previous broking/insurance experience
• Relevant insurance qualifications

Hear from the hiring manager
"This is a great opportunity to join a growing office within a highly successful organisation, providing the foundations of starting or progressing your insurance career. We are looking for someone to become an integral part of our team by building and fostering long term relationships within the area whilst having on the job training and the chance to gain industry recognised qualifications."
What we offer

• A competitive salary - let's discuss it
• Hybrid working available upon successful completion of probation
• Employer pension contribution of 5% rising to 10% after 5 years membership of the pension scheme
• Annual Bonus scheme (Discretionary based on individual and company performance)
• Life Assurance cover up to 4 x salary
• 25 days annual leave plus bank holidays (rising to 26 and 27 for 5 and 10 years' service respectively)
• Career development opportunities with funded support and financial incentives for all professional qualifications.

About us
The Lycetts Group has over 60 years' experience of providing a comprehensive range of insurance, risk management and financial advice to a broad cross section of commercial and private clients. We strive to be a trusted adviser to our clients and are proud of our continued high client satisfaction scores.
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away 250 million since 2014. We have ambitious plans to become the UK's number one corporate donor, with strategic objectives in place to double the Group's size.
We believe it's essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
*Directory of Social Change's UK Guides to Company Giving 2017-26

Skills Required