Treaty Broker

Treaty Broker

Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Hays Specialist Recruitment Limited

At a Glance

  • Tasks: Manage Non-Marine and Property XL Treaty business, handling enquiries and negotiating terms.
  • Company: Respected Lloyd's insurance broker with a supportive work environment.
  • Benefits: Competitive salary, professional development, and a dynamic team culture.
  • Other info: Opportunity for career growth in a well-established company.
  • Why this job: Join a fast-paced team and build strong relationships in the insurance market.
  • Qualifications: Experience in broking and strong negotiation skills are essential.

The predicted salary is between 50000 - 65000 £ per year.

Your new company is an established and well-respected Lloyd's insurance broker, operating from offices in both the City and Southend. The organisation is known for delivering a consistently high level of service and for creating a supportive, professional working environment.

Your new role involves taking on a broad and varied position focusing on Non-Marine and Property XL Treaty business. You will be responsible for managing both new and renewal enquiries, working closely with underwriters to place risks effectively in the market, and ensuring that all client requirements are met to a high standard.

Working in a fast-paced environment, you will handle a wide range of broking activities, including:

  • Submitting risks and endorsements to underwriters
  • Negotiating terms
  • Arranging suitable reinsurance cover, particularly in complex cases
  • Producing market documentation such as slips, endorsements, and lineslip declarations
  • Supporting binding authority business where required

A key aspect of the role will involve developing and maintaining strong relationships with clients, underwriters, and other market participants. You will also provide technical advice to clients on risk management and coverage, support senior stakeholders on broking activities, and assist with claims handling.

Treaty Broker employer: Hays Specialist Recruitment Limited

As a leading Lloyd's insurance broker, our company offers a dynamic and supportive work environment in both the City and Southend, where employees are encouraged to thrive and develop their skills. We pride ourselves on our commitment to professional growth, providing ample opportunities for training and advancement while fostering strong relationships within a collaborative team culture. Join us to be part of an organisation that values excellence in service delivery and prioritises employee well-being.

Hays Specialist Recruitment Limited

Contact Details:

Hays Specialist Recruitment Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Treaty Broker

Tip Number 1

Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. Building relationships can open doors to opportunities that aren’t even advertised.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their approach to Treaty Broking and be ready to discuss how your skills align with their needs. We want you to shine!

Tip Number 3

Practice your negotiation skills! As a Treaty Broker, you'll need to negotiate terms effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Treaty Broker

Non-Marine Treaty Knowledge
Property XL Treaty Expertise
Client Relationship Management
Underwriting Collaboration
Risk Placement
Negotiation Skills
Reinsurance Arrangements

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Treaty Broker role. Highlight your experience with Non-Marine and Property XL Treaty business, and don’t forget to showcase any relevant skills in managing client relationships and negotiating terms.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention your passion for the insurance industry and how you can contribute to maintaining our high level of service.

Showcase Your Technical Skills:Since the role involves producing market documentation and providing technical advice, make sure to highlight any relevant technical skills or experiences. This will show us that you’re ready to hit the ground running!

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Hays Specialist Recruitment Limited

Know Your Treaty Business

Make sure you brush up on your knowledge of Non-Marine and Property XL Treaty business. Understand the key terms, processes, and current market trends. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

Showcase Your Negotiation Skills

Since negotiation is a big part of the job, prepare examples from your past experiences where you've successfully negotiated terms or managed complex cases. Be ready to discuss your approach and how you ensure all parties are satisfied with the outcome.

Build Rapport with Interviewers

Remember, this role is all about relationships. During the interview, focus on building rapport with your interviewers. Ask them about their experiences at the company and share your thoughts on fostering strong client and underwriter relationships.

Prepare for Technical Questions

Expect some technical questions related to risk management and coverage. Brush up on your technical knowledge and be prepared to provide clear, concise answers. If you can demonstrate your expertise, it will set you apart from other candidates.