Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join us as a Technical Placement Broker, managing complex commercial insurance risks.
- Company: We're a leading Commercial Insurance broker based in Twickenham, dedicated to innovative solutions.
- Benefits: Enjoy competitive pay, professional development opportunities, and a supportive work culture.
- Why this job: Be part of a dynamic team that values growth, relationships, and impactful work in the insurance sector.
- Qualifications: Strong knowledge of commercial lines insurance and proven broking or underwriting experience required.
- Other info: Apply now to explore this exciting opportunity and advance your career in insurance!
The predicted salary is between 36000 - 60000 £ per year.
A Commercial Insurance broker providing insurance solutions to both businesses and individuals with offices in Twickenham now has the opportunity for a Technical Placement Broker to join the business.
The role of a Technical Placement Broker is to build and maintain strong relationships with insurer partners, ensure effective placement of large complex commercial risks and to ensure governance in relation to new and existing insurer relationships.
Key accountabilities will include:
- To take responsibility for the development and execution of a regional broking and placement strategy in line with the business’ national strategy.
- To develop and execute the overall broking strategy to drive business growth, enhance client retention and ensure profitability.
- To be the broking and placement focal point for the business.
- To broker all large, complex new business risks.
- To act as trouble shooter for Commercial and Corporate renewals where there are broking or placement issues.
- To use technical knowledge and market insights to negotiate and close deals on renewals and new business risks as required.
- To build and maintain strong relationships with Insurers, conducting reviews with Insurers on a quarterly basis.
- Monitoring and reviewing Insurer Placement deals, ensuring overall account performance is met.
You will also have the following:
- Strong commercial lines insurance knowledge gained in a broking or insurance company environment.
- Proven experience of commercial lines insurance broking or underwriting.
- In-depth understanding of commercial insurance products and principles.
- Experience in placement of complex risks, including Lloyds Markets.
- In-depth knowledge of commercial lines insurer markets.
- Excellent insurer trading and negotiation skills.
- Strong analytical skills.
What next? Apply today to be considered for this opportunity. If suitable, one of our specialist consultants will be in contact to discuss the opportunity with you in detail prior to submitting your CV to the client. In this discussion we will aim to identify your specific skills and motivations, and where appropriate recommend other relevant opportunities to you that match your requirements.
Placement Broker employer: Heat Recruitment Ltd
Contact Detail:
Heat Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Placement Broker
✨Tip Number 1
Network with professionals in the commercial insurance sector. Attend industry events or join relevant online forums to connect with potential colleagues and insurers. Building these relationships can give you insights into the company culture and the specific needs of the role.
✨Tip Number 2
Familiarise yourself with the latest trends and challenges in the commercial insurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 3
Prepare to discuss your experience with complex risk placements, especially in Lloyds Markets. Be ready to share specific examples of how you've successfully negotiated deals or resolved issues in previous roles.
✨Tip Number 4
Showcase your analytical skills by discussing how you've used data to drive decisions in past roles. Highlight any tools or methodologies you've employed to monitor account performance and enhance client retention.
We think you need these skills to ace Placement Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Technical Placement Broker. Tailor your application to highlight your relevant experience in commercial lines insurance and broking.
Highlight Relevant Experience: In your CV and cover letter, emphasise your proven experience in commercial lines insurance broking or underwriting. Mention specific examples where you've successfully managed complex risks or built strong relationships with insurers.
Showcase Analytical Skills: Since strong analytical skills are crucial for this role, provide examples in your application that demonstrate your ability to analyse market trends and negotiate effectively. This could include past achievements or projects.
Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Discuss how your skills align with the company's goals and your motivation to contribute to their success.
How to prepare for a job interview at Heat Recruitment Ltd
✨Showcase Your Technical Knowledge
Make sure to highlight your understanding of commercial insurance products and principles during the interview. Be prepared to discuss specific examples of how you've applied this knowledge in previous roles, especially when dealing with complex risks.
✨Demonstrate Relationship-Building Skills
Since the role involves building and maintaining strong relationships with insurers, be ready to share experiences where you successfully developed partnerships. Discuss your approach to conducting reviews and how you ensure effective communication with insurer partners.
✨Prepare for Negotiation Scenarios
Expect questions that assess your negotiation skills. Prepare to discuss past situations where you negotiated deals on renewals or new business risks, particularly in challenging circumstances. Highlight your strategies and outcomes.
✨Understand the Broking Strategy
Familiarise yourself with the company's national strategy and think about how you can contribute to their regional broking and placement strategy. Be ready to discuss your ideas on driving business growth and enhancing client retention.
