At a Glance
- Tasks: Help clients with protection solutions while building your own client base.
- Company: Durant & Co, a supportive network for aspiring brokers.
- Benefits: Competitive commission structure and comprehensive training to kickstart your career.
- Other info: Enjoy ongoing support, mentoring, and access to valuable resources.
- Why this job: Earn £35,000+ in your first year while making a real difference for clients.
- Qualifications: No prior experience needed; just a passion for helping others.
The predicted salary is between 35000 - 45000 £ per year.
At Durant & Co, we're committed to supporting our advisers in achieving success and building sustainable, rewarding careers. As part of our network, you'll benefit from comprehensive training, ongoing support, and industry-leading commission structures designed to help you thrive.
What We Offer
- Competitive Commission Structure
- Realistic first-year earnings of £35,000+
- 25/75 split (net) on self-generated leads for both procuration and broker fees
- 60/40 split (net) on company-provided leads for both procuration and broker fees
- Lead Generation & Client Development
- Some leads provided to help you get started
- Encouragement and support to build and grow your own client base through networking and referrals
- Training & Professional Development
- Full induction programme, including compliance and system training
- Ongoing mentoring, supervision, competence assessments, and file checking
- Continued development opportunities in Equity Release, Commercial Finance, and Estate Planning
- Access to webinars, events, and CPD courses to support your career growth
- Support & Resources
- Professional Indemnity Insurance included
- Comprehensive suite of documents and business tools to assist with day-to-day operations
- Dedicated WhatsApp Support Group for real-time criteria and business assistance
- Access to experienced Mortgage and Insurance Help Desks, with knowledgeable business support managers available by phone
- Technical support and guidance on complex cases and product placement
- Additional Earning Opportunities
- Ability to write Commercial, Bridging, and Second Charge business, plus a referral scheme for other business routes
- Access to an internal protection specialist with competitive commission splits and reduced clawback risk
- Partnerships with Conveyancing and Survey providers, earning up to £250 per completed case
- Referrals to our in-house Estate Planning Team, with a 15% referral reward upon case completion
- Administrative Support
- All administration handled post-sourcing at no cost to you, allowing you to focus on your clients and business growth
Protection Broker employer: Durant & Co
At Durant & Co, we pride ourselves on being an exceptional employer that empowers our Protection Brokers to excel in their careers. With a competitive commission structure, comprehensive training, and ongoing support, we foster a collaborative work culture that prioritises professional growth and client success. Our location offers unique networking opportunities and access to industry experts, ensuring that you have the resources needed to thrive in a rewarding and meaningful role.
StudySmarter Expert Advice🤫
We think this is how you could land Protection Broker
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Durant & Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Durant & Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Protection Broker
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Durant & Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Durant & Co. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Durant & Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Durant & Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Durant & Co, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Durant & Co's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
