Your new company
Your new job as a Surety & Trade Credit Broker will be working for a specialist highly respected Lloyd's Insurance Broker with offices based around the UK including the City, NW London and the Southeast, who provide unparalleled services to meet client demands and needs. They have more than 100 staff across the offices and are looking to expand that number further. This is an excellent opportunity to join a well-established business with a strong market reputation and an ambitious growth strategy within the surety and trade credit market.
Your new role
You will play a key role in advising and placing Surety Bonds and Trade Credit solutions, supporting existing relationships while also driving new business opportunities. Working closely with clients, insurers and internal stakeholders, you will be responsible for managing placements from initial enquiry through to completion, negotiating terms with insurers and delivering a first-class client experience.Key responsibilities include:
- Placing and servicing a range of Surety Bond and Trade Credit business from inception to completion
- Preparing and presenting underwriting submissions to the market.
- Negotiating terms and securing competitive solutions for clients.
- Reviewing and interpreting financial information and company accounts.
- Managing insurer and underwriter relationships.
- Supporting the wider business with technical expertise and market knowledge.
- Developing client relationships and identifying new business opportunities.
- Attending client meetings and networking events to generate revenue growth.
- Seek underwriter approval on bonds where lines of authority are not in place. And keep clients advised of underwriting requirements
- Issue invoices where appropriate for new and extended bonds. Obtain release documentation as appropriate. Keep client facility updated.
- Work closely with the Construction team
What you'll need to succeed
To be successful in this role, you will have:
- Experience within Surety, Trade Credit as a Broker or Account Executive with ideally exposure to complex placements (preferred but not essential)
- Strong understanding of trade credit products and market dynamics.
- Strong organisational and time management skills.
- Cert CII or Dip CII qualifications would be advantageous.
- PLEASE ONLY APPLY FOR THIS ROLE IF YOU HAVE EXPERIENCE IN TRADE CREDIT OR SURETY
What you'll get in return
You'll be offered a competitive salary of up to £70,000 + Bonus and Benefits, depending on experience you'll receive support from both directors your colleagues and management. You'll enjoy working as part of a growing Lloyds broker with a friendly team and the unique vision to develop long-term client needs. Strong career progression prospects. Support for professional development and insurance qualifications.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
Surety trade credit Broker in London employer: Hays Specialist Recruitment Limited Careers
Hays Education is an exceptional employer, offering a supportive and collaborative work environment for SEN SLD/PMLD teachers in the Hounslow/Hillingdon area. With access to exclusive vacancies, ongoing professional development, and a dedicated consultant to guide your career, you will find ample opportunities for growth while making a meaningful impact on the lives of pupils with special educational needs. Join us to be part of a community that values inclusivity and fosters both personal and professional development.
Contact Details:
Hays Specialist Recruitment Limited Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Surety trade credit Broker in London
✨Dive Into Industry Networking Events
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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 Hays Specialist Recruitment Limited Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hays Specialist Recruitment Limited Careers. 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 Hays Specialist Recruitment Limited Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hays Specialist Recruitment Limited Careers 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 Hays Specialist Recruitment Limited Careers, 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 Hays Specialist Recruitment Limited Careers'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.
