At a Glance
- Tasks: Manage and grow a portfolio of commercial clients with tailored insurance solutions.
- Company: Join a growing brokerage known for its supportive and collaborative team culture.
- Benefits: Enjoy a competitive salary, hybrid working model, and career progression opportunities.
- Why this job: Be part of a dynamic team that values your input and fosters professional growth.
- Qualifications: Minimum 2 years in commercial insurance broking; Cert CII qualification preferred.
- Other info: Study support available for those working towards their qualifications.
The predicted salary is between 36000 - 60000 Β£ per year.
As a Commercial Insurance Broker, you will play a key role in managing and growing a portfolio of commercial clients, providing expert advice and tailored insurance solutions. Working closely with Account Executives and insurers, you will negotiate competitive terms and ensure clients receive the best coverage for their needs.
Key Responsibilities
- Develop and maintain strong relationships with commercial clients and insurers.
- Assess client needs and provide tailored insurance solutions across multiple sectors.
- Negotiate policy terms, pricing, and coverage to ensure competitive and profitable placements.
- Handle renewals, mid-term adjustments (MTAs), and new business submissions.
- Support Account Executives with technical broking and client management.
- Ensure compliance with FCA regulations and company policies.
- Utilize Acturis and other industry platforms to manage documentation and client files.
Qualifications & Experience
- Minimum of 2 yearsβ experience in commercial insurance broking.
- Strong negotiation and relationship-building skills.
- Cert CII qualification or working towards it (study support available).
- Experience handling mid-market to corporate risks.
- Proficiency in Acturis and MS Office.
- Ability to work independently and collaboratively in a hybrid environment.
Why Join Us?
- Competitive salary and benefits package.
- Hybrid working model (office and remote flexibility).
- Career progression opportunities within a growing brokerage.
- Supportive and collaborative team environment.
Commercial Insurance Broker (Leeds) employer: ProFound
Contact Detail:
ProFound Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Commercial Insurance Broker (Leeds)
β¨Tip Number 1
Network with professionals in the commercial insurance sector, especially those who work in Leeds. Attend industry events or join relevant online forums to connect with potential colleagues and clients, which can help you gain insights and referrals.
β¨Tip Number 2
Familiarise yourself with the latest trends and regulations in commercial insurance. This knowledge will not only boost your confidence during interviews but also demonstrate your commitment to staying informed and relevant in the field.
β¨Tip Number 3
Practice your negotiation skills by role-playing scenarios with friends or colleagues. Being able to effectively negotiate terms and pricing is crucial for this role, so honing these skills will give you an edge during the interview process.
β¨Tip Number 4
Showcase your proficiency in Acturis and MS Office during discussions. If you have any specific examples of how you've used these tools to improve client management or streamline processes, be ready to share them to highlight your technical capabilities.
We think you need these skills to ace Commercial Insurance Broker (Leeds)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance broking. Emphasise your negotiation skills and any specific achievements that demonstrate your ability to manage client portfolios effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with Acturis and your qualifications, such as the Cert CII, and explain how they make you a suitable candidate for the position.
Highlight Relevant Experience: In your application, focus on your past roles that involved client management and insurance solutions. Provide examples of how you've successfully negotiated terms or handled renewals to illustrate your capabilities.
Show Enthusiasm for the Role: Convey your passion for the insurance industry and your eagerness to contribute to the company's success. Mention why you are interested in this specific position and how it aligns with your career goals.
How to prepare for a job interview at ProFound
β¨Know Your Insurance Basics
Make sure you brush up on your knowledge of commercial insurance products and the specific needs of different sectors. Being able to discuss various types of coverage and their benefits will show your expertise and confidence.
β¨Demonstrate Relationship-Building Skills
Prepare examples of how you've successfully built and maintained relationships with clients in the past. This role heavily relies on strong interpersonal skills, so showcasing your ability to connect with clients and insurers will be crucial.
β¨Showcase Negotiation Experience
Be ready to discuss your negotiation strategies and any successful outcomes you've achieved. Highlighting your experience in securing competitive terms for clients will demonstrate your value as a broker.
β¨Familiarise Yourself with Acturis
Since proficiency in Acturis is essential for this role, make sure you are familiar with its functionalities. If you have experience using it, be prepared to discuss how you've utilised it to manage documentation and client files effectively.