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For Companies At a Glance
- Tasks: Join our team as a Broker, managing and growing a portfolio in the International Construction sector.
- Company: Be part of a leading Lloyd's of London Broker with a stellar market reputation.
- Benefits: Enjoy a dynamic work environment with potential business travel and opportunities for professional growth.
- Why this job: This role offers a chance to build relationships and negotiate complex risks in a vibrant industry.
- Qualifications: Ideal candidates have 18 months to 7 years of London Market experience and strong communication skills.
- Other info: We celebrate diversity and welcome applicants from all backgrounds to foster innovation and success.
The predicted salary is between 43200 - 72000 £ per year.
A leading, international and attractive Lloyd's of London Broker, who has a glowing reputation within the current market, now have an exciting position within the company's International Construction Division. Our client is now seeking a skilled and driven Broker (or Account Handler looking to step up) to facilitate the placement of insurance and reinsurance contracts, ensuring compliance with regulatory requirements and delivering exceptional client service. This role offers an exciting opportunity to work on designated risks within the dynamic International Construction sector, biased towards North American Risks.
This is a client and market facing Broker role, where you will be collaborating with the team to assist with the management and growth of a portfolio on Construction Risks. You will be providing a first class service, whilst building and maintaining client and market relationships, negotiating terms with Underwriters and placing complex risks. Business travel may be required as and when.
The ideal candidate will have:
- 18 months to 7 years of London Market experience (due to the budget and balance of the team)
- Experience in US Construction Risks (US Property individuals will also be considered)
- Lloyd's Broking experience (either as Broker, Broker Tech / Account Handler or Account Executive)
- Excellent communication skills with the ability to network and develop/maintain client and market relationships
Nashrock Insurance Recruitment is committed to considering candidates from a broad array of diverse experiences and backgrounds. We believe that diversity of thought, background, and experience drives innovation and success. We do not discriminate on the basis of race, ethnicity, gender, sexual orientation, disability, age, religion, or any other characteristic protected by applicable laws. By working with Nashrock Insurance Recruitment, you become part of a supportive and inclusive environment where diversity is not only embraced but celebrated.
Construction Broker employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Construction Broker
✨Tip Number 1
Network within the Lloyd's of London community. Attend industry events, seminars, and workshops to meet professionals in the construction insurance sector. Building relationships with key players can give you an edge when applying for the Construction Broker role.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in the North American construction market. Understanding the specific challenges and opportunities in this area will help you stand out during interviews and discussions with potential employers.
✨Tip Number 3
Prepare to demonstrate your negotiation skills. As a Broker, you'll need to negotiate terms with Underwriters effectively. Practise articulating your approach to negotiations and be ready to share examples from your past experiences.
✨Tip Number 4
Showcase your client service abilities. This role requires exceptional client interaction, so think of ways to illustrate how you've successfully managed client relationships in the past. Be prepared to discuss your strategies for maintaining and growing these relationships.
We think you need these skills to ace Construction Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the London Market and US Construction Risks. Use specific examples to demonstrate your skills in client relationship management and negotiation.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of the International Construction sector and how your background aligns with their needs.
Highlight Communication Skills: Since excellent communication is key for this role, provide examples in your application that illustrate your ability to network and build relationships with clients and underwriters.
Showcase Your Achievements: Include any notable achievements or projects you've worked on in your previous roles. This could be successful placements, client retention rates, or any awards that demonstrate your capability as a Broker.
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Construction Risks
Make sure you have a solid understanding of US Construction Risks and the specific challenges they present. Be prepared to discuss your experience in this area and how it relates to the role.
✨Showcase Your Communication Skills
As a Broker, excellent communication is key. Practice articulating your thoughts clearly and confidently, and be ready to demonstrate how you've successfully built and maintained client relationships in the past.
✨Familiarise Yourself with Lloyd's of London
Since the company operates within the Lloyd's market, it's crucial to understand its structure and how it functions. Research recent trends and news related to Lloyd's to show your enthusiasm and knowledge during the interview.
✨Prepare for Negotiation Scenarios
Expect to discuss negotiation tactics and strategies. Think of examples where you've successfully negotiated terms with underwriters or clients, and be ready to explain your approach and the outcomes.
