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For Companies At a Glance
- Tasks: Manage client relationships and enhance the cyber insurance portfolio.
- Company: Join a prestigious Lloyd's Broker with a global client base.
- Benefits: Enjoy hybrid working, competitive salary, and extensive benefits.
- Why this job: Be part of an innovative team focused on growth and client satisfaction.
- Qualifications: Experience in Cyber, Tech or E&O Broking with knowledge of the US market required.
- Other info: Opportunity for travel and career advancement within a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
Your new company
Your new company are a leading Lloyd\’s Broker based in the heart of the city. Your new Lloyd\’s Brokers are a prestigious and highly regarded Independent Lloyd\’s Broking house who have a client base stretching on an international basis to include the US and Asia. Due to substantial growth to the Cyber, Tech and E&O book, a permanent job for an experienced Cyber Insurance Broker has arisen.
Your new job
Your new permanent job working as a Cyber Insurance Broker means you will be responsible for managing and enhancing client and underwriter relationships as well as assisting in the maintenance and the growth of the cyber book via direct retail client and wholesale producer networks. You will also be responsible for presenting and negotiating submissions to Underwriters. As a Cyber Insurance Broker, it will also be your duty to advise clients and producers where appropriate on the best form of cover and present tailored solutions for your clients accordingly. Some travel will be required.
What you\’ll need to succeed
Your previous experience working as a Cyber, Tech or E&O Broker at a Lloyd\’s Broking house where you have handled a portfolio of US and International clients will contribute to your success in securing the role. You will have a strong knowledge of the US Cyber market, be confident in placing risks into the Lloyd\’s and London Market, and be able to provide your clients with the highest level of client service.
What you\’ll get in return
You will receive a competitive salary of up to + extensive benefits package and enjoy working for a growing Lloyd\’s Broking House that offers hybrid working and competitive benefits. You\’ll receive support from Directors and Managers and be given the opportunity to take on further duties in the future. You\’ll enjoy working closely with an innovative team, who are growing and friendly with a unique vision to grow and develop new and existing client needs.
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Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cyber Broker
✨Tip Number 1
Network with professionals in the Cyber Insurance field, especially those who work at Lloyd's Brokers. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in the market.
✨Tip Number 2
Familiarise yourself with the specific needs and challenges of US and international clients in the Cyber Insurance space. This knowledge will help you demonstrate your expertise during interviews and discussions.
✨Tip Number 3
Prepare to discuss your previous experience in managing client relationships and negotiating with underwriters. Be ready to provide examples of how you've successfully placed risks in the Lloyd's and London Market.
✨Tip Number 4
Showcase your understanding of the latest developments in Cyber Insurance, including emerging risks and regulatory changes. This will position you as a knowledgeable candidate who can offer tailored solutions to clients.
We think you need these skills to ace Cyber Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Cyber Insurance Broker. Familiarise yourself with the key skills required, such as managing client relationships and negotiating with underwriters.
Tailor Your CV: Highlight your relevant experience in Cyber, Tech, or E&O broking, especially if you've worked with US and international clients. Use specific examples to demonstrate your knowledge of the US Cyber market and your ability to provide excellent client service.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the industry. Mention your previous experience at a Lloyd's Broking house and how it has prepared you for this position. Be sure to explain why you want to work for this particular company.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the insurance industry.
How to prepare for a job interview at Hays
✨Showcase Your Cyber Knowledge
Make sure to brush up on the latest trends and developments in the Cyber Insurance market. Being able to discuss recent cyber incidents or regulatory changes will demonstrate your expertise and commitment to the field.
✨Highlight Relationship Management Skills
Since the role involves managing client and underwriter relationships, prepare examples of how you've successfully built and maintained these connections in your previous roles. This will show that you understand the importance of strong relationships in this industry.
✨Prepare for Negotiation Scenarios
As you'll be presenting and negotiating submissions to underwriters, practice articulating your negotiation strategies. Think of past experiences where you successfully negotiated terms and be ready to share those stories.
✨Demonstrate Adaptability and Travel Readiness
Since some travel is required, express your willingness and ability to travel as needed. Share any relevant experiences where you've adapted to new environments or worked with international clients to highlight your flexibility.
