At a Glance
- Tasks: Engage with dynamic clients, tailor insurance solutions, and manage complex programs.
- Company: Fast-paced broking business serving innovative UK companies.
- Benefits: Negotiable salary up to £55,000, bonus, private medical insurance, 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 33000 - 77000 £ per year.
The role of an Insurance Broker is a great next step for any Senior Account Handler looking to become an Account Executive, who doesn't 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. You'll be working with some of the UK's most dynamic businesses, start-ups, scale-ups, with no renewal meetings where nothing has changed.
This Broking business is similar to the clients it serves: fast paced, innovative, growing, dynamic, and flexible.
This is an exciting chance to work with some of the UK's 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 believes clients are best served by a single, dedicated contact - our Brokers.
As a Broker, you'll 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.
- 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.
Commercial Insurance Broker in Gloucester employer: Cavendish Maine
Contact Detail:
Cavendish Maine Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Insurance Broker in Gloucester
✨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 contacts 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 or during interviews, make sure to highlight your experience with complex insurance needs and your ability to tailor solutions. This is your time to shine and demonstrate why you're the perfect fit for their dynamic team.
✨Tip Number 3
Practice makes perfect! Before any interview, do some mock sessions with friends or family. Focus on articulating how you've handled client inquiries and managed policies in the past. The more comfortable you are talking about your experience, the more confident you'll feel when it counts.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities that might just be the right fit for you. Plus, applying directly can sometimes give you an edge over other candidates. So, don’t hesitate – check us out and get your application in!
We think you need these skills to ace Commercial Insurance Broker in Gloucester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your commercial insurance broking experience and any relevant qualifications, like Cert CII, to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've solved client challenges or tailored insurance solutions in the past. We love a good story!
Showcase Your Client-Focused Approach: Since this role is all about putting clients first, make sure to emphasise your customer service skills. Talk about how you've built relationships and provided exceptional service in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates from us!
How to prepare for a job interview at Cavendish Maine
✨Know Your Stuff
Make sure you brush up on your commercial insurance knowledge, especially around key insurances like public liability and cyber coverage. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential expert who can add value to their team.
✨Client-Centric Mindset
Since the role is all about putting clients first, think of examples from your past where you've gone above and beyond for a client. Be ready to share how you’ve identified gaps in coverage or tailored solutions to meet specific needs. This will demonstrate your ability to embody their client-first ethos.
✨Stay Current
Familiarise yourself with the latest market trends and legislation affecting the insurance industry. Bring up recent changes or innovations during your interview to show that you’re proactive and engaged with the sector. It’ll highlight your commitment to staying informed and relevant.
✨Practice Your Pitch
Since you'll be handling client inquiries and managing relationships, practice explaining complex insurance concepts in simple terms. Role-play with a friend or family member to refine your communication skills. This will help you feel more confident when discussing policies with potential clients.