At a Glance
- Tasks: Structure and place complex financial lines risks in US and international markets.
- Company: Highly regarded specialty insurance intermediary with a growth-focused culture.
- Benefits: Competitive compensation, strong bonus potential, and clear progression pathways.
- Other info: Access to established market relationships and entrepreneurial support.
- Why this job: Join a dynamic team and make an impact in the financial lines sector.
- Qualifications: Experience in placing financial lines risks and strong negotiation skills.
The predicted salary is between 36000 - 60000 £ per year.
We are partnering with a highly regarded specialty insurance intermediary seeking an experienced Financial Institutions/Commercial Financial Lines Placing Broker to join their growing team. This is a high-impact role focused on structuring and placing complex financial lines risks, with a particular emphasis on US-exposed business. The successful candidate will play a pivotal role in carrier negotiations, programme design, and client strategy across a broad portfolio of financial institutions and commercial clients.
Key Responsibilities
- Structure, market, and place Financial Institutions and Commercial Financial Lines risks into US and international markets
- Lead negotiations with US carriers and wholesale markets
- Design and implement tailored insurance programmes, including multi-layered placements
- Advise producers and clients on coverage strategy, wording, and market appetite
- Develop and maintain strong insurer relationships across US and London markets
- Drive new business opportunities while supporting the retention and growth of existing accounts
- Stay current on regulatory, coverage, and market developments impacting financial lines
Lines of Business May Include
- Directors & Officers (D&O)
- Professional Indemnity / E&O
- Financial Institutions (Banks, Asset Managers, FinTech, Funds)
- Cyber Liability
- Crime / Fidelity
Ideal Candidate Profile
- Proven experience placing Financial Institutions or Commercial Financial Lines risks
- Strong exposure to US territories and understanding of US market dynamics
- Established relationships with US-based carriers and/or wholesale markets
- Technically strong with complex programme structuring capability
- Confident negotiator with strong market credibility
- Commercially astute with the ability to identify and capitalise on growth opportunities
- Experience within a wholesale broker, specialty broker, or Lloyd’s/London Market environment advantageous
What’s on Offer
- Access to established US market relationships
- Autonomy and platform support to grow a book
- Competitive compensation structure with strong bonus potential
- Entrepreneurial, growth-focused culture
- Clear progression pathway
As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance.
Financial Lines Placing Broker employer: Harrison Holgate
As a leading specialty insurance intermediary, we pride ourselves on fostering an entrepreneurial and growth-focused culture that empowers our employees to thrive. With access to established US market relationships and a clear progression pathway, our Financial Lines Placing Brokers enjoy competitive compensation and strong bonus potential while working in a dynamic environment that values innovation and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Lines Placing Broker
✨Network Like a Pro
Get out there and connect with industry professionals! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in placing Financial Institutions and Commercial Financial Lines risks. We want to see you confidently discuss your past successes and how they relate to the role you're after.
✨Tailor Your Approach
Every conversation is an opportunity! Make sure to tailor your discussions to the specific needs of the company. Research their current projects and challenges, and come prepared with ideas on how you can help them succeed. We love seeing candidates who do their homework!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re always looking for passionate individuals like you to join our growing team in the financial lines space.
We think you need these skills to ace Financial Lines Placing Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Financial Lines Placing Broker role. Highlight your experience in placing financial institutions or commercial financial lines risks, especially in US markets.
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 strong relationships with US carriers and your negotiation skills, and don’t forget to show your enthusiasm for the opportunity.
Showcase Your Technical Skills:In your application, be sure to highlight your technical capabilities in structuring complex programmes. This is key for the role, so provide examples of how you've successfully designed tailored insurance programmes in the past.
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 this exciting opportunity. Plus, it shows you’re proactive!
How to prepare for a job interview at Harrison Holgate
✨Know Your Financial Lines Inside Out
Make sure you brush up on your knowledge of Financial Institutions and Commercial Financial Lines. Understand the nuances of D&O, E&O, and Cyber Liability. Being able to discuss these topics confidently will show that you're not just familiar with the role but are genuinely passionate about it.
✨Master the Art of Negotiation
Since this role involves leading negotiations with US carriers, practice your negotiation skills. Prepare examples of past negotiations you've led, focusing on how you structured deals and overcame challenges. This will demonstrate your capability and confidence in handling complex discussions.
✨Build Relationships Before You Walk In
If possible, try to connect with some industry professionals or even current employees of the company before your interview. Having insights into their culture and operations can give you an edge and help you tailor your responses to align with their values and expectations.
✨Stay Updated on Market Trends
Keep yourself informed about the latest regulatory changes and market developments affecting financial lines. Being able to discuss current trends during your interview will show that you're proactive and engaged with the industry, which is crucial for a role focused on client strategy and programme design.
