At a Glance
- Tasks: Engage with dynamic businesses to solve their insurance challenges and tailor bespoke solutions.
- Company: Fast-paced broking business serving innovative UK companies.
- Benefits: Negotiable salary up to £55,000, bonus, PMI, and pension.
- Why this job: Join a growing team and make a real impact in the insurance industry.
- Qualifications: 3+ years in commercial insurance broking and strong customer service skills.
- Other info: Flexible work environment with opportunities for professional growth.
The predicted salary is between 42000 - 66000 £ per year.
Job Description
Highlights:
- The role of an Insurance Broker is a great next step for any Senior Account Handler looking to become an Account Executive, (who doesnt fancy cold calling, cold outreach and pipeline building).
- If you rate your ability to talk to clients, solve their insurance and risk challenges, in a fast moving, growth focussed business, this role is worth exploring.
- Youll be working with some of the UKs most dynamic businesses, start-ups, scale-ups, (nothing slow), no renewal meetings where nothing has changed
- This Broking business is similar to the clients it serves, fast paced, innovative, growing, dynamic, flexible.
Role Description:
- This is an exciting chance to work with some of the UKs most innovative businesses and join a growing broking team.
- The Broker role embodies a client-first ethos. Unlike traditional models with multiple handovers, our client believe clients are best served by a single, dedicated contact our Brokers.
- As a Broker, youll handle client inquiries from the initial prospect stage, manage policy placement, and continue servicing clients through quarterly reviews, adjustments, and renewals.
Key Responsibilities:
- Provide Technical Expertise: Ask relevant questions to understand client needs and communicate effectively.
- Highlight Gaps in Cover: Analyse existing insurance programs to identify potential gaps and offer solutions.
- Design Bespoke Insurance Programs: Tailor policies to clients' specific risk profiles and business goals.
- Structure Global Policies: Ensure compliance with international regulations and comprehensive coverage.
- Handle Complex Programs: Manage intricate insurance needs, including London Market programs.
- Upsell and Cross-Sell: Identify additional opportunities to enhance client coverage.
- Showcase Sector Expertise: Stay informed on market trends, legislation, and industry best practices.
- Advise on Risk Mitigation: Offer strategic guidance beyond insurance to manage overall risk.
- Maintain Service Standards: Deliver exceptional client service, addressing issues promptly.
Experience:
- At least 3 years of commercial insurance broking experience, preferably in a Senior Handler/Advisor or Account Executive role.
- Having some experience with international risk would be advantageous.
- Expertise in key insurances such as public/products and employers liability, material damage, business interruption, cyber, and professional indemnity.
- Strong customer service focus and ability to tailor explanations to clients new to insurance.
- Confident in both virtual and in-person client meetings.
- Skilled negotiator with a proactive approach to problem-solving.
- Experienced in working with diverse client bases and insurance needs.
- Cert CII qualification (minimum).
- Acturis experience is a plus.
Salary:
- Negotiable, up to £55,000 + Bonus + PMI + Pension
Contact:
Stephen Mallaband
Reference: SM/88612
Candidate care:
By responding to this advert you consent to Cavendish Maine processing the personal data included within this application.
If your application is successful we will contact you to discuss the opportunity in more detail, within 48 hours of receiving your application.
Should you not hear from us within 3 working days please assume your application has been unsuccessful on this occasion. Please be advised that if unsuccessful for this role we may keep your details in our hold file for 6 months, during which time you may be contacted for other suitable vacancies.If you do not want us to do this please call us to advise.
In the meantime, we would like to thank you for your interest in Cavendish Maine.
JBRP1_UKTJ
Commercial Insurance Broker employer: Cavendish Maine
Contact Detail:
Cavendish Maine Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Broker
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out to potential employers on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your experience in commercial insurance. Talk about how you've tackled complex programs and tailored solutions for clients. This will set you apart from the crowd.
✨Tip Number 3
Practice makes perfect! Before any interviews, do some mock sessions with friends or family. Focus on articulating your thoughts clearly, especially when discussing risk mitigation and bespoke insurance programs. Confidence is key, so let your knowledge shine!
✨Tip Number 4
Apply through our website! We’ve got loads of exciting opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves. Plus, it’s a great way to show your enthusiasm for joining a dynamic team!
We think you need these skills to ace Commercial Insurance Broker
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your commercial insurance experience. We want to see how your skills align with the role, so don’t hold back on showcasing your expertise in areas like Public Liability or Cyber Insurance.
Showcase Your Client Skills: Since this role is all about client interaction, let us know about your experience in handling client needs. Share examples of how you've solved problems or tailored solutions for clients in the past – we love a good success story!
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point. Highlight your key achievements and relevant experience without fluff – we’re busy folks!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Cavendish Maine
✨Know Your Stuff
Make sure you brush up on your commercial insurance knowledge. Understand the key insurances mentioned in the job description, like Public Liability and Cyber Insurance. Being able to discuss these confidently will show that you're serious about the role.
✨Client-Centric Mindset
Prepare to demonstrate your ability to understand and solve client needs. Think of examples from your past experience where you've tailored solutions for clients. This will highlight your customer service focus and problem-solving skills.
✨Stay Current
Familiarise yourself with the latest market trends and legislation in the insurance sector. Showing that you’re informed about industry changes will impress interviewers and prove that you can provide strategic guidance to clients.
✨Practice Your Pitch
Since this role involves client meetings, practice how you would present complex insurance concepts in a simple way. Role-play with a friend or family member to get comfortable explaining things clearly and concisely.