At a Glance
- Tasks: Support clients through the full cycle of insurance, from new business to renewals.
- Company: Join a meritocratic company that values self-starters and customer commitment.
- Benefits: Negotiable salary, professional development, and a supportive team environment.
- Other info: Dynamic role with opportunities for personal and professional growth.
- Why this job: Make a real difference in clients' lives while growing your career in insurance.
- Qualifications: Experience in the insurance industry and strong communication skills.
The predicted salary is between 30000 - 40000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Location: Penrith
Package: £Negotiable
We're delighted to be strengthening our Private Client team out of Penrith as part of our wider ongoing growth as A Forever Company™ with the addition of 2 Private Client Advisors.
You will be supporting our customers with their requirements across the full cycle from New Business to Renewal and everything in between.
Overview:
Achieve the required renewals and new business results and contribute towards team/individual targets, whilst offering a bespoke high level service, adhering to company procedures and regulatory requirements.
Key responsibilities:
- Meet and deliver against your agreed Renewal Retention and/or New Business Targets, contributing towards the teams overall budget targets & KPI’s.
- Ensure you carry out thorough pre-renewal reviews with your clients annually, identify customer needs, highlight any shortfalls in cover and advise your client accordingly.
- Offer and attend physical client visits where required/appropriate.
- Conduct a full insurer/market review for your client and then recommend the most suitable policy which protects the customers' needs.
- Invite all policies within regulatory guidelines and ensure policies are renewed, on or before the renewal date.
- Handle claims reported and support client through the claims process.
- Complete all roles and tasks as required by your line manager, ensuring you adhere to business procedures and policies at all times.
- Review client documentation and ensure its accuracy and that it meets the client’s needs.
- Ensure documents are issued within contract certain timelines.
- Ensure client files are kept up to date with all relevant communication and notes.
- Deliver excellent customer outcomes by adhering to best practice and contribute towards our customer-led culture.
- Comply with the B&B credit control procedures.
- Debt Management to ensure all monies are collected and allocated appropriately and keep line manager informed of any current, potential or perceived problems with bad debt.
- Manage and prioritise your diaries/tasks, these are to be kept up to date.
- Identify and discuss with your clients any recommended and relevant additional covers.
- Complete any training that is deemed necessary for your role and fully prepare for your regular 1-2-1s and year-end review. Ensure you agree and complete the actions set in line with your development plan.
- Adherence to the B&B Training & Competency scheme. Receive audit feedback and ensure any improvements identified and communicated to you are implemented.
- Ensure all training is completed to deadline set. Log all training and development on your Continuous Professional Development Plan (CPD).
- As and when required undertake and participate in work-related projects as requested.
Skills:
- Excellent verbal and written communication skills.
- Have a strong attention to detail and challenge inaccuracies with third parties.
- Ability to present to customers face to face in a professional and knowledgeable manner.
- Represent the business in a professional way at all times.
- Proficient in operating ICT systems, applications, insurer portals etc.
- Exceptional knowledge of the Private Clients insurance market.
- Able to build long-standing relationships with insurers.
- Prioritises time and attention on high value activities.
- Be a team player and work collaboratively to achieve a harmonised and professional environment.
- Take decisive action based on the available information and accept personal responsibility for the outcome.
The preferred job holder will match the following requirements:
- Relevant industry experience is preferable.
- Ability to develop and maintain business contacts and goodwill.
- Excellent interpersonal, written, and verbal communication skills.
- Pro-active and self-motivated.
- Excellent planning and organisation skills to meet deadlines.
- Excellent attention to detail.
- Co-operative and supportive team player.
- Represent the Company in a professional manner at all times.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Private Client Advisor in Penrith employer: Bridge Specialty Group
As a Broking Manager at our East Grinstead and Brighton offices, you will thrive in a meritocratic culture that champions self-starters and prioritises customer satisfaction. We offer a dynamic work environment with ample opportunities for professional growth, competitive remuneration, and the chance to build strategic relationships with key insurers, all while being part of a diverse and inclusive team dedicated to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Private Client Advisor in Penrith
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bridge Specialty Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Private Client Advisor in Penrith
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bridge Specialty Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bridge Specialty Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bridge Specialty Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bridge Specialty Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bridge Specialty Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bridge Specialty Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
