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- Tasks: As a Placement Broker, you'll manage complex insurance placements and build strong relationships with clients and insurers.
- Company: Join one of the largest broker groups globally, based in Manchester.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and collaboration.
- Why this job: This role offers a chance to work with prestigious businesses and develop your expertise in insurance broking.
- Qualifications: Proven experience in commercial insurance broking or underwriting is essential.
- Other info: You may occasionally attend client meetings with senior colleagues to provide market insights.
The predicted salary is between 36000 - 60000 £ per year.
New Business Placement Broker Manchester or LeedsWe have a great role for someone who wants to use their solid contacts in the commercial insurance market. If you are ready to step into a role where real broking still exists, thrives on the chase, loves negotiating in the market, and wants to make a tangible impact, then you have the chance with a top Global Broker.We need to speak to people who don\’t just want a 9-5, have a proactive and commercially hungry mindset and likes the challenge of trying something new to win business. You Will: Place new business alongside busy Account Executives. Negotiate and trade with insurers to secure the best terms. Use your market relationships to deliver results quickly. Handle complex demands and find creative solutions for clients. You Have : Proven broking experience in the commercial market. Strong Regional market relationships you can leverage from day one. A self-starter attitude, someone who enjoys winning business and isn’t afraid of the challenge. What you get: A business that values real brokers and gives you the freedom to do what you do best. A dynamic, supportive team environment. The chance to work on exciting, varied cases, not just renewals. If you’re hungry for success and want a role where your skills truly matter, this is your opportunity. Great benefits and salary upto £55k for the right person.
Placement Broker employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Placement Broker
✨Tip Number 1
Network actively within the insurance industry, especially with professionals who have experience in commercial lines. Attend industry events and seminars to meet potential colleagues and clients, which can help you build those crucial insurer relationships.
✨Tip Number 2
Stay updated on market conditions and trends in the insurance sector. This knowledge will not only enhance your strategic advice but also demonstrate your expertise during discussions with potential employers.
✨Tip Number 3
Consider reaching out to current or former employees of the company to gain insights into their culture and expectations. This can help you tailor your approach and show that you understand what they value in a Placement Broker.
✨Tip Number 4
Prepare to discuss specific examples from your past experiences where you've successfully managed complex insurance placements. Highlight your negotiation skills and how you've built strong relationships with insurers to showcase your fit for the role.
We think you need these skills to ace Placement Broker
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Placement Broker position. Understand the key responsibilities and required skills, so you can tailor your application to highlight your relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in commercial insurance broking or underwriting. Provide specific examples of how you've successfully managed complex placements and built strong relationships with insurers.
Showcase Your Skills: Demonstrate your organisational skills and solution-focused mindset in your application. Use concrete examples to illustrate how you've thrived under pressure and navigated challenging situations in your past roles.
Personalize Your Cover Letter: Craft a personalized cover letter that reflects your enthusiasm for the role and the company. Mention why you are particularly interested in this opportunity and how your background aligns with their needs.
How to prepare for a job interview at IPS Group
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the insurance market, especially regarding complex and bespoke arrangements. Be prepared to discuss recent trends and how they might impact placement activities.
✨Highlight Relationship-Building Skills
Since this role emphasizes forging strong relationships with insurers, share specific examples of how you've successfully built and maintained these connections in your previous roles.
✨Prepare for Technical Questions
Expect questions that assess your technical expertise in insurance broking and underwriting. Brush up on key concepts and be ready to explain your approach to negotiating competitive terms.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss scenarios where you had to think on your feet and provide solutions under pressure. Highlight your organizational skills and how they contribute to effective risk management.
