Senior Binder Manager

Senior Binder Manager

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead risk evaluations and manage binding authority contracts in a dynamic brokerage.
  • Company: Join a respected Lloyds Broker located near Fenchurch Street, known for its growth and innovation.
  • Benefits: Enjoy a permanent position with opportunities for professional development and networking.
  • Why this job: Be a key player in shaping the future of the brokerage while mentoring junior team members.
  • Qualifications: Must have extensive experience in the Lloyd's market and strong negotiation skills.
  • Other info: Contact Su Partridge for more details or to submit your CV.

The predicted salary is between 43200 - 72000 £ per year.

Senior Binder Manager

Salary: Not specified

Location: London, Essex

Job Type: Permanent

Ref: SJP230793

Working within this regarded Lloyds Broker close to Fenchurch Street. A fantastic opportunity to be pivotal within the business drive and expansion.

Responsibilities:

  1. Execute detailed risk evaluations for insurance proposals.
  2. Oversee a diverse portfolio of binding authority contracts.
  3. Offer expert advice on risk management and optimal coverage strategies.
  4. Collaborate with underwriters, actuaries, and other insurance professionals.
  5. Influence strategic planning and direction of the brokerage operations.
  6. Guide and support the professional development of junior brokers and team members.

Qualifications:

  1. Extensive experience as a Binding Authority Broker, with a focus on the Lloyd\’s market.
  2. Robust network within the UK insurance broker community.
  3. Deep understanding of insurance products, market dynamics, and regulatory landscape.
  4. Exceptional negotiation, communication, and relationship management skills.

If you feel that you have the relevant experience, then please submit your CV for consideration. Alternatively, contact Su Partridge for further information.

The Recruiter Insurance Specialists are acting as a Recruitment Agency.

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Senior Binder Manager employer: The Recruiter Ltd

Join a prestigious Lloyds Broker located near Fenchurch Street, where you will play a crucial role in driving business growth and expansion. Our collaborative work culture fosters professional development, offering ample opportunities for mentorship and career advancement. With a focus on innovation and excellence, we provide a dynamic environment that values your expertise and contributions, making it an ideal place for meaningful and rewarding employment.
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Contact Detail:

The Recruiter Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Binder Manager

✨Tip Number 1

Make sure to leverage your existing network within the UK insurance broker community. Reach out to former colleagues or industry contacts who may have insights into the company or the role, as personal connections can often lead to valuable referrals.

✨Tip Number 2

Stay updated on the latest trends and changes in the Lloyd's market. Being knowledgeable about current market dynamics will not only help you in interviews but also demonstrate your commitment to the industry.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed binding authority contracts in the past. Highlighting your experience with risk evaluations and coverage strategies will showcase your expertise and fit for the role.

✨Tip Number 4

Consider reaching out directly to Su Partridge, the recruiter mentioned in the job description. A proactive approach can set you apart from other candidates and show your genuine interest in the position.

We think you need these skills to ace Senior Binder Manager

Risk Evaluation
Binding Authority Management
Insurance Product Knowledge
Market Dynamics Understanding
Regulatory Compliance
Negotiation Skills
Relationship Management
Strategic Planning
Team Leadership
Communication Skills
Portfolio Management
Collaboration with Underwriters
Actuarial Knowledge
Mentoring and Coaching

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your extensive experience as a Binding Authority Broker, especially within the Lloyd's market. Emphasize your relevant skills in risk evaluation and portfolio management.

Showcase Your Network: Mention your robust network within the UK insurance broker community. This can set you apart from other candidates and demonstrate your industry connections.

Highlight Key Skills: Focus on your exceptional negotiation, communication, and relationship management skills in your application. Provide specific examples of how you've successfully utilized these skills in past roles.

Express Your Vision: In your cover letter, express your vision for influencing strategic planning and direction within the brokerage operations. Show how your expertise can contribute to the company's growth and expansion.

How to prepare for a job interview at The Recruiter Ltd

✨Showcase Your Expertise

Make sure to highlight your extensive experience as a Binding Authority Broker, especially within the Lloyd's market. Be prepared to discuss specific examples of risk evaluations you've executed and how they impacted your previous employers.

✨Demonstrate Your Network

Since a robust network within the UK insurance broker community is crucial, be ready to talk about your connections and how they can benefit the company. Mention any collaborations or partnerships that have led to successful outcomes in your past roles.

✨Communicate Clearly

Exceptional communication skills are key for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex insurance products and strategies. This will help you convey your ideas effectively during the interview.

✨Prepare for Strategic Discussions

Given the responsibility of influencing strategic planning, prepare to discuss your insights on market dynamics and regulatory landscapes. Think about how you can contribute to the brokerage's direction and be ready to share your vision.

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