At a Glance
- Tasks: Manage treaty broking for non-marine and property XL business in a dynamic environment.
- Company: Reputable Lloyd's broker based in the heart of London.
- Benefits: Competitive salary up to £100,000 plus bonuses and benefits.
- Other info: Opportunity for career growth and professional development in a supportive environment.
- Why this job: Join a respected team and take on exciting challenges in the insurance industry.
- Qualifications: 5+ years experience with Lloyd's brokers and strong communication skills required.
The predicted salary is between 100000 - 100000 £ per year.
An established Lloyd's broker is recruiting for an experienced Treaty Broker (non marine/property XL treaty) based at their City of London office. This is a long established Lloyd's broker with a great reputation.
Responsibilities
- Generate new contract and renewal enquiries.
- Submit enquiries to underwriters in the market.
- Submit endorsements and amendments to existing policies for approval.
- Develop and maintain new and existing relationships with Underwriters, Agents and Clients.
- Provide support director with regard to all broking requirements.
- Research (Re)insurance companies and their various products to find the most suitable insurance for clients at the best terms and price.
- Arrange specialised (Re)insurance cover in complex cases; preparing reports for underwriters and negotiating as required.
- Advise clients/agents on specific risk management.
- Produce and process open market slips and assist with binding authorities.
- Produce slips/endorsements and lineslip declarations.
- Assist in claims handling as required.
- Compliance with procedures and regulatory requirements.
- General administration.
- Maintain required records, reports and files in an organized manner and present these to senior management as and when required.
- Dealing with any ad hoc duties.
Qualifications & Skills
- The ideal candidate will need to have strong computer skills and have some Lloyd's broker experience.
- Good communicational and organisational skills are also essential.
- Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.
- Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
- Ability to understand and execute oral and written instructions.
- Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.
Salary
Salary up to £100,000 per annum plus bonuses and benefits.
Application
Apply today or contact Kim Baker, ENS Recruitment for further information.
Treaty Broker in London employer: ENS Recruitment
Join a prestigious Lloyd's broker in the heart of the City of London, where you will thrive in a dynamic and supportive work environment. With a strong emphasis on employee development, this company offers excellent growth opportunities and a collaborative culture that values your contributions. Enjoy competitive salaries, bonuses, and a range of benefits while working alongside experienced professionals in a respected firm known for its integrity and client-focused approach.
StudySmarter Expert Advice🤫
We think this is how you could land Treaty Broker in London
✨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 ENS Recruitment). 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 ENS Recruitment. 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 Treaty Broker in London
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 ENS Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at ENS Recruitment. 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 ENS Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at ENS Recruitment 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 ENS Recruitment, 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 ENS Recruitment'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.
