Broker

Broker

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team handling diverse broker support tasks daily.
  • Company: Work with a respected Lloyd’s broker in London, Essex.
  • Benefits: Enjoy continuous professional education and study support.
  • Why this job: This role offers growth, responsibility, and a chance to make an impact.
  • Qualifications: 5+ years of broker support experience and strong computer skills required.
  • Other info: Ideal candidates will be part ACII qualified and proficient in Brokasure.

The predicted salary is between 36000 - 60000 £ per year.

Broker

Location: London, Essex

Job Type: Permanent

Ref: SJP 220201

Broker Insurance Technician London

Job Description

Suitable candidates for the position will already have gained at least 5 years’ experience working in a broker backup role and will be looking for a new challenge within a respected Lloyd’s broker.

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.

Reporting directly to the Broker Support manager you will be responsible for the following duties:

  1. Produce and process open market slips binding authority’s lineslip and treaty.
  2. Produce slips/endorsements, cover notes, policy schedules, debit notes and monthly lineslip declarations.
  3. Review and process Risk and Premium bdx.
  4. Manage Atlas, BAR’s and Lineage.
  5. Daily use of A&S system.
  6. Setting up all new contracts on internal system and submitting for FDO’s where necessary.
  7. Liaise with claims team on claims issues & reports.
  8. Keeping track of all renewals, reviewing performance, and sending renewal notices and chasers.
  9. Compliance with Procedures and Regulatory requirements.
  10. Liaise with accounts team on accounting issues.
  11. Maintain required records, reports, and files in an organised manner and present these to senior management as and when required.
  12. Dealing with any ad hoc duties.

Person Specification

This is a pivotal position within the company and therefore demands a responsible attitude. All round broker support experience is essential as is a confidence with computers. Ideally you will be part ACII qualified.

The ideal candidate will need to have strong computer skills and have experience using the Brokasure system. Good communicational and organisational skills are also essential.

Other desirable skills are:

  • Advanced knowledge of Microsoft products (Word, Excel, and Outlook) or similar software applications.
  • Ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
  • Ability to understand and execute oral and written instructions.
  • Ability to communicate effectively and professionally both verbally and in writing with clients, insurers, and other associates.

Our client is committed to continuous professional education and will offer study support when required.

Please submit your CV for the Hiring Manager’s attention.

For further information please contact Su Partridge FIRP.

The Recruiter Insurance Specialists are acting as a Recruitment Agency.

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Broker employer: The Recruiter Ltd

As a respected Lloyd’s broker located in the vibrant city of London, we pride ourselves on fostering a dynamic work environment that encourages professional growth and development. Our commitment to continuous education is reflected in our study support initiatives, ensuring that our employees are equipped with the skills needed to excel in their roles. Join us to be part of a collaborative culture where your contributions are valued and you can thrive in a challenging yet rewarding position.
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Contact Detail:

The Recruiter Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Broker

✨Tip Number 1

Make sure to highlight your experience in a broker backup role, especially if you have worked with Lloyd’s brokers before. This will show that you understand the specific demands of the position and can hit the ground running.

✨Tip Number 2

Familiarize yourself with the Brokasure system and other relevant software like A&S. If you can demonstrate your proficiency in these systems during the interview, it will set you apart from other candidates.

✨Tip Number 3

Prepare examples of how you've managed multiple tasks in a busy work environment. Being able to discuss specific situations where you prioritized effectively will showcase your organizational skills.

✨Tip Number 4

Since communication is key in this role, practice articulating your thoughts clearly and professionally. Consider role-playing common scenarios you might encounter when liaising with clients or the claims team.

We think you need these skills to ace Broker

Broker Support Experience
Open Market Slips Production
Binding Authority Management
Lineslip and Treaty Processing
Risk and Premium BDX Review
Atlas, BAR’s, and Lineage Management
A&S System Proficiency
Contract Setup on Internal Systems
Claims Liaison Skills
Renewal Tracking and Performance Review
Regulatory Compliance Knowledge
Accounting Issue Coordination
Organizational Skills
ACII Qualification (or part qualified)
Brokasure System Experience
Advanced Microsoft Office Skills (Word, Excel, Outlook)
Time Management and Prioritization
Effective Communication Skills (verbal and written)
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience in broker support roles. Emphasize your 5+ years of experience and any specific tasks you've handled that align with the job description, such as producing slips or managing contracts.

Highlight Technical Skills: Since strong computer skills are essential, be sure to mention your proficiency with the Brokasure system and any other relevant software like Microsoft Word, Excel, and Outlook. Provide examples of how you've used these tools in your previous roles.

Showcase Communication Abilities: The role requires effective communication with clients and teams. Include examples in your application that demonstrate your ability to communicate professionally, both verbally and in writing. This could be through client interactions or internal reporting.

Express Your Commitment to Professional Development: Mention your willingness to engage in continuous professional education and any relevant qualifications, such as being part ACII qualified. This shows your dedication to growth within the industry and aligns with the company's commitment to study support.

How to prepare for a job interview at The Recruiter Ltd

✨Showcase Your Experience

Make sure to highlight your 5+ years of experience in a broker backup role. Be prepared to discuss specific tasks you've handled, such as producing slips and managing contracts, to demonstrate your expertise.

✨Demonstrate Technical Proficiency

Since strong computer skills are essential, be ready to talk about your experience with the Brokasure system and other relevant software. Mention any advanced knowledge of Microsoft products, especially Excel, as this will be crucial for the role.

✨Communicate Effectively

Prepare to showcase your communication skills. Practice articulating how you would liaise with clients, insurers, and internal teams. Use examples from your past experiences to illustrate your ability to communicate professionally and effectively.

✨Organizational Skills Matter

Discuss your approach to managing multiple tasks and deadlines. Provide examples of how you've prioritized work in a busy environment and maintained organized records and reports, as this is key for the position.

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