Placement Broker in Redhill, Surrey
Placement Broker in Redhill, Surrey

Placement Broker in Redhill, Surrey

Redhill +1 Placement 28000 - 42000 £ / year (est.) No home office possible
V

At a Glance

  • Tasks: Join our dynamic team as a Placement Broker, managing client relationships and broking strategies.
  • Company: Verlingue is a fast-growing insurance firm with a strong market presence and innovative approach.
  • Benefits: Enjoy a competitive salary, career development opportunities, and a collaborative work environment.
  • Why this job: Be part of a vibrant team, enhance your industry knowledge, and make a real impact in the insurance sector.
  • Qualifications: 5+ years in insurance, excellent communication skills, and a can-do attitude are essential.
  • Other info: Work from our Redhill, Manchester, or Staines offices and engage with top industry professionals.

The predicted salary is between 28000 - 42000 £ per year.

Department: Broking & Markets

Location: Manchester / Redhill / Staines

Salary: Starting at £35,000

Reporting to: Director Broking & Markets Insurance

Verlingue is fast paced with strong growth plans. You will work closely with the business delivering an excellent service to our Clients, Colleagues and Carriers ensuring that the needs of the role and responsibilities are met.

Verlingue have established a broking placement team based across Manchester, Redhill and Staines consisting of a team of 8. The role will be based in one of the above offices. The team have close connections with Verlingue London Markets.

Key Accountabilities

  • General Responsibilities
  • Programme design
  • Meeting the broking requirements of our clients
  • Continuous development of market / product knowledge and intelligence
  • Sharing knowledge of changes in products and insurers appetite within the Group
  • Productive relationship management of Carriers
  • Promote Placement Strategy with approved Carriers
  • Insurer response and analysis management
  • Raise profile of Verlingue within the market
  • New Business
  • Production of Broking presentation (unless we are pre-appointed)
  • Liaising with CD & CA on broking strategy to be employed, ensuring clients needs are met
  • Marketing of client risks in a way that meets client requirements and analysing results with CD
  • Placement of cover
  • Provision of correct Contract Certain terms and policy wording to CA
  • Renewal Business
    • Enhancing production of draft Broking presentation
    • Liaising with CD on broking strategy to be employed
    • Marketing of client risks to alternative Carriers in a way that meets client requirements, working closely with CA who will manage the existing Carrier.
    • Analysing results with CD / CA
    • Placement of cover
    • Provision of correct Contract Certain terms and policy wording to CA
  • Compliance/IT
    • Comply with the company’s process, procedures and broking strategy
    • Ensure all activities comply with FCA regulatory and market standards
    • Ensure that you are working in an orderly fashion.
    • Ensure that you update IT systems promptly to facilitate good working practices throughout the company
    • Build good relationships with all colleagues.
    • Working with CD and CA to provide responsive solutions for their broking needs which in turn delivers to the client.
    • Participate positively in internal working groups and internal pre-internal strategy meetings.
    • Work with other areas of the business to ensure productivity.
    • Provide good day to day support and guidance for less experienced colleagues and encourage development by sharing knowledge.

    Person Specification

    • Cert CIIDip CII - desirable
    • Minimum of 5 years in the insurance industry
    • Excellent working knowledge of the insurance market
    • Excellent negotiation and communication skills that fit the audience
    • Excellent Carrier relationships
    • Technically strong with excellent attention to detail
    • Strong Working knowledge of the Acturis system - desirable
    • A Can-do attitude with the ability to respond to challenge and problem solving
    • Ability to work under pressure with deadlines and multitask in order to get required work carried out
    • Team player

    Locations

    Redhill Surrey

    Placement Broker in Redhill, Surrey employer: Verlingue

    Verlingue is an exceptional employer, offering a dynamic work environment in Redhill, Surrey, where you can thrive as a Placement Broker. With a strong focus on employee development and a collaborative culture, we provide ample opportunities for growth and learning within our established broking team. Our commitment to excellence and innovation ensures that you will be part of a forward-thinking organisation that values your contributions and fosters meaningful relationships with clients and colleagues alike.
    V

    Contact Detail:

    Verlingue Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Placement Broker in Redhill, Surrey

    ✨Tip Number 1

    Network with professionals in the insurance industry, especially those who work in broking. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.

    ✨Tip Number 2

    Familiarise yourself with the Acturis system, as it's mentioned as desirable for this role. Consider taking an online course or finding resources that can help you understand its functionalities better.

    ✨Tip Number 3

    Research Verlingue's current market position and their approach to broking. Understanding their strategies and values will help you align your discussions during interviews and demonstrate your genuine interest in the company.

    ✨Tip Number 4

    Prepare to discuss your negotiation skills and past experiences in managing carrier relationships. Be ready to provide specific examples of how you've successfully navigated challenges in previous roles.

    We think you need these skills to ace Placement Broker in Redhill, Surrey

    Excellent Negotiation Skills
    Strong Communication Skills
    Carrier Relationship Management
    Insurance Market Knowledge
    Programme Design
    Attention to Detail
    Analytical Skills
    Problem-Solving Skills
    Ability to Work Under Pressure
    Multitasking
    Team Collaboration
    FCA Regulatory Compliance
    Broking Strategy Development
    Client Risk Marketing
    Technical Proficiency in Acturis System

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in the insurance industry, particularly any roles that involved broking or client management. Use specific examples to demonstrate your negotiation skills and knowledge of the insurance market.

    Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities outlined in the job description. Emphasise your ability to build relationships with carriers and your experience in programme design and placement strategies.

    Showcase Your Knowledge: In your application, mention any specific knowledge you have about the Acturis system or other relevant tools. Highlight your understanding of compliance and regulatory standards within the insurance sector.

    Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free from typos, as attention to detail is crucial in this role.

    How to prepare for a job interview at Verlingue

    ✨Know Your Market

    Familiarise yourself with the current trends and changes in the insurance market. Being able to discuss recent developments or shifts in insurer appetites will demonstrate your commitment and knowledge, which is crucial for a Placement Broker.

    ✨Showcase Your Relationships

    Highlight your existing relationships with carriers and how you've successfully managed these in the past. This role relies heavily on relationship management, so be prepared to share specific examples of how you've built and maintained these connections.

    ✨Demonstrate Problem-Solving Skills

    Prepare to discuss scenarios where you've had to think on your feet or solve complex problems under pressure. The ability to provide responsive solutions is key, so showcasing your problem-solving skills will set you apart.

    ✨Ask Insightful Questions

    Prepare thoughtful questions about Verlingue's broking strategies and how they differentiate themselves in the market. This shows your genuine interest in the company and the role, as well as your proactive approach to understanding their business.

    Placement Broker in Redhill, Surrey
    Verlingue
    V
    Similar positions in other companies
    Europas größte Jobbörse für Gen-Z
    discover-jobs-cta
    Discover now
    >