At a Glance
- Tasks: Lead a team in commercial insurance, driving performance and achieving business goals.
- Company: Join Lloyd & Whyte, part of Benefact Group, known for its inclusive culture.
- Benefits: Enjoy competitive salary, 28 days leave, and career development opportunities.
- Why this job: Make a difference in a role that supports charity and good causes.
- Qualifications: Strong background in commercial insurance and team leadership experience.
- Other info: Be part of a rapidly growing company ranked among the UK's best to work for.
The predicted salary is between 36000 - 60000 £ per year.
Salary: Competitive
Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Taunton
About the role
Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Commercial Insurance Team Leader to join our Lloyd & Whyte Community Broking Branch in our Taunton office on a hybrid basis. This is a newly created role within our Community Broking Branch, which focuses on Commercial Insurance.
As a Commercial Insurance Team Leader you will, through effective leadership of your team and close collaboration with key stakeholders, drive individual and team retention and new business targets. You will also continue to deliver elements of the Insurance Consultant role, within commercial insurance broking, ensuring that cultural, service, and operational efficiency objectives are consistently achieved in support of our business strategy.
Why join us?
Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK’s 15 Best Big Companies to Work For, we offer fantastic career and development opportunities within a rapidly growing, innovative Group — where all profits go to charity and good causes.
What you’ll be doing
- Lead, support and develop the team by managing performance, promoting professional growth and embedding company values and culture.
- Deliver business objectives by achieving personal and team KPIs, meeting service standards and ensuring strong retention with consistently positive customer outcomes.
- Oversee daily operations by organising workflow, allocating resources within budget, recruiting effectively and driving productivity across the team.
- Maintain high compliance and risk-management standards by following underwriting guidelines, completing assessments and ensuring all policies, procedures and complaint-handling requirements are met.
- Build technical excellence and commercial awareness by staying up-to-date with products and market trends, supporting complex referrals, identifying underinsurance and maximising business opportunities.
What you’ll need to have
- Strong background in commercial insurance broking.
- Experience leading or mentoring a team.
- Solid understanding of underwriting principles and FCA compliance.
What makes you stand out
- Excellent communication and stakeholder management skills.
- Chartered Insurance Institute Certificate in Insurance or equivalent qualification.
What we offer
28 days annual leave plus
Commercial Insurance Team Leader Lloyd in Somerset employer: Benefact Group plc
Contact Detail:
Benefact Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Team Leader Lloyd in Somerset
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Lloyd & Whyte. A friendly chat can open doors and give you insider info about the team culture and what they’re really looking for.
✨Tip Number 2
Prepare for the interview by brushing up on your commercial insurance knowledge. Be ready to discuss market trends and how you can drive retention and new business targets. Show us you’re not just a fit for the role, but a game-changer!
✨Tip Number 3
Don’t forget to showcase your leadership skills! Think of examples where you’ve successfully led a team or mentored someone. We want to see how you can inspire and develop others while hitting those KPIs.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our community at Lloyd & Whyte. Let’s make a difference together!
We think you need these skills to ace Commercial Insurance Team Leader Lloyd in Somerset
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Insurance Team Leader role. Highlight your experience in commercial insurance broking and any leadership roles you've had. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your understanding of underwriting principles and FCA compliance, as these are key for us.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to meet KPIs and drive team performance. We love seeing numbers and results, so don’t hold back on sharing your successes!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with Lloyd & Whyte!
How to prepare for a job interview at Benefact Group plc
✨Know Your Stuff
Make sure you brush up on your commercial insurance knowledge. Understand the latest trends, products, and underwriting principles. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Leadership Skills
Since this role involves leading a team, be prepared to discuss your leadership style and experiences. Think of specific examples where you've successfully managed a team or mentored someone. Highlight how you promote professional growth and embed company values.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and decision-making abilities. Prepare scenarios related to team performance, customer outcomes, and compliance issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready. Inquire about the company's culture, team dynamics, or future goals. This shows your enthusiasm for the role and helps you gauge if it's the right fit for you.