At a Glance
- Tasks: Generate and manage treaty contracts, build relationships, and advise clients on risk management.
- Company: Established Lloyd's broker with a strong reputation in the industry.
- Benefits: Competitive salary up to £100,000, bonuses, and additional benefits.
- Other info: Opportunity for career growth and professional development in a supportive setting.
- Why this job: Join a respected team and tackle exciting challenges in a dynamic environment.
- Qualifications: Minimum 5 years' experience with a Lloyd's broker and strong communication skills.
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.
Suitable candidates for the position will already have gained a minimum of 5 years’ experience working with a Lloyd’s broker and will be looking for a new challenge within a small and respected Lloyd’s broker. The candidate will be dealing with Non Marine and Property Treaty XL Business. You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.
Reporting directly to the Divisional Director you will be responsible for the following duties:
- 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 to the 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.
- Deal with any ad hoc duties.
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.
Other desirable skills are:
- 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 up to £100,000 per annum plus bonuses and benefits. Apply today or contact Kim Baker, ENS Recruitment for further information.
Treaty Broker 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 professional development, this company offers excellent growth opportunities and a collaborative culture that values your contributions. Enjoy competitive salary packages, bonuses, and the chance to work alongside industry experts while building lasting relationships in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Treaty Broker
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to former colleagues or industry contacts. Building relationships can lead to job opportunities that aren’t even advertised.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience with non-marine and property treaty XL business. Share specific examples of how you've generated enquiries or negotiated deals to demonstrate your value.
✨Be Prepared for Interviews
Research the company and its culture before your interview. Prepare answers to common questions and think about how your skills align with their needs. Practising with a friend can help you feel more confident when it’s time to shine.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to reach out directly.
We think you need these skills to ace Treaty Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treaty Broker role. Highlight your experience with Lloyd's brokers and any specific skills related to non-marine and property XL treaty business. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience, your passion for broking, and how you can contribute to our team. Keep it engaging and professional – we love a good story!
Showcase Your Skills:Don’t forget to showcase your computer skills and organisational abilities in your application. Mention your proficiency with Microsoft products and how you manage your time effectively. We’re looking for someone who can juggle tasks like a pro!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at ENS Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of non-marine and property XL treaty business. Familiarise yourself with the latest trends in the market and be ready to discuss how your experience aligns with the role. This will show that you're not just a candidate, but someone who genuinely understands the industry.
✨Build Rapport
Since you'll be developing relationships with underwriters and clients, practice your communication skills before the interview. Think about how you can connect with the interviewer on a personal level. A friendly chat can go a long way in making a lasting impression!
✨Showcase Your Organisational Skills
Given the busy work environment, be prepared to discuss how you manage multiple tasks and prioritise effectively. Bring examples from your past roles where you've successfully juggled various responsibilities while maintaining quality. This will demonstrate your ability to thrive in a fast-paced setting.
✨Prepare Questions
Have a few thoughtful questions ready for the interviewer. Ask about the company's approach to risk management or how they support their brokers in developing client relationships. This shows your interest in the role and helps you gauge if the company is the right fit for you.
