At a Glance
- Tasks: Manage and develop a portfolio of construction and property clients, providing tailored insurance solutions.
- Company: Exance Services Limited, a specialist MGA in construction and property insurance.
- Benefits: Competitive salary, performance-related bonuses, and exposure to complex risks.
- Why this job: Join a growing team and make a real impact in the insurance industry.
- Qualifications: Experience in retail insurance brokerage and strong knowledge of commercial insurance lines.
- Other info: Work closely with specialist underwriters in a dynamic, client-focused environment.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, UK
Reporting to: Broker Manager
The Company
Exance Services Limited is a specialist MGA focused on construction and property insurance. We work with brokers and other intermediaries to deliver expert underwriting and tailored products under our delegated authorities. As we grow our presence in the construction and property market, we are looking to appoint an experienced Retail Insurance Broker to work directly with clients and place business through Exance and selected partner markets.
The Role
As a Retail Insurance Broker at Exance, you will be responsible for managing and developing a portfolio of construction and property clients, delivering high-quality advice and placing tailored insurance solutions. Your responsibilities will include:
- Managing a portfolio of commercial clients, primarily within construction, property, and related trades
- Advising clients on risk exposures, coverage requirements, and appropriate insurance solutions
- Placing business with Exance and other insurer / MGA partners, negotiating terms and premiums
- Building long-term client relationships, with responsibility for renewals, mid-term adjustments, and retention
- Working closely with Exance underwriters to structure risks effectively and achieve optimal outcomes for clients
- Identifying new business opportunities and contributing to growth through referrals and networking
What We Are Looking For
We are seeking a client-focused insurance professional with strong technical and commercial capability, including:
- Experience as a Retail Insurance Broker, Account Executive, or Client Manager within commercial insurance
- Strong knowledge of construction, property, or related commercial insurance lines
- Proven ability to advise clients and place risks into the market
- Confidence dealing directly with business owners, directors, and senior decision-makers
- A commercial mindset, balancing client advocacy with sustainable underwriting outcomes
- Strong organisational skills and attention to detail
- A proactive, professional approach suited to a growing, specialist business
What We Offer
- Competitive basic salary (dependent on experience)
- Performance-related bonus or commission
- The opportunity to work closely with specialist underwriters in a growing MGA environment
- Exposure to complex and interesting construction and property risks
Why Join Exance?
This role offers the opportunity to operate as a true retail broker within a specialist MGA environment—combining direct client ownership with fast access to underwriting decision-makers and niche market solutions.
Retail Broker in City of London employer: EXANCE
Contact Detail:
EXANCE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Broker in City of London
✨Tip Number 1
Network like a pro! Attend industry events, join online forums, and connect with professionals on LinkedIn. The more people you know in the construction and property insurance space, the better your chances of landing that Retail Broker role.
✨Tip Number 2
Show off your expertise! Prepare to discuss your knowledge of construction and property insurance during interviews. Bring examples of how you've successfully managed client portfolios or negotiated terms in the past—this will set you apart from the competition.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies like Exance Services Limited and express your interest in working with them. A personal touch can make all the difference!
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative to apply directly. It shows you're genuinely interested in joining our team and makes it easier for us to find your application.
We think you need these skills to ace Retail Broker in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Retail Broker role. Highlight your experience in construction and property insurance, and don’t forget to showcase your client management skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how your background aligns with what we’re looking for. Be genuine and let your personality come through—this is your opportunity to stand out!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage client portfolios and negotiate terms. Numbers speak volumes, so if you’ve increased retention rates or brought in new business, make sure we know about it!
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 shows us you’re keen on joining our team at Exance!
How to prepare for a job interview at EXANCE
✨Know Your Stuff
Make sure you brush up on your knowledge of construction and property insurance. Understand the key risks and coverage requirements that clients in this sector face. Being able to speak confidently about these topics will show that you're not just a candidate, but a potential expert.
✨Showcase Your Client Management Skills
Prepare examples from your past experience where you've successfully managed client portfolios. Highlight how you've built long-term relationships and handled renewals or adjustments. This will demonstrate your ability to thrive in a client-focused role.
✨Be Ready to Negotiate
Since you'll be placing business with Exance and other partners, think about your negotiation strategies. Prepare to discuss how you've negotiated terms and premiums in the past, as this is crucial for the role. Show them you can balance client needs with sustainable outcomes.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the company’s growth plans in the construction market or how they support brokers in developing their portfolios. This shows your genuine interest in the role and the company.