At a Glance
- Tasks: Broking US Property risks and managing client relationships in the Lloyd's market.
- Company: Established Lloyd's insurance broker with a strong reputation.
- Benefits: Competitive salary, hybrid work model, and opportunities for business development.
- Other info: Exciting career growth opportunities in a collaborative environment.
- Why this job: Join a dynamic team and make an impact in the US Property sector.
- Qualifications: 5+ years of broking experience in the Lloyd's market, especially in US Property.
The predicted salary is between 39600 - 48400 £ per year.
- US Property Broker - Lloyd's Broking House
- Permanent | Full Time
- About the Opportunity
Our client is a well-established Lloyd's insurance broker with a strong presence across the London Market and an established reputation within the US Property space.
The business is looking to strengthen its broking team with an experienced US Property Broker who can operate confidently within the Lloyd's market and contribute to the continued development of the portfolio.
The Role
An exciting opportunity has arisen for an experienced US Property Broker to join an established broking team.
You will be responsible for broking and placing US Property business into the Lloyd's and wider London Market, working closely with clients and underwriters to negotiate appropriate coverage, terms and pricing.
The role will provide exposure to a broad range of US Property risks, with responsibility across new business, renewals and ongoing client requirements.
You'll work closely with the market to develop and maintain strong underwriting relationships while delivering a high level of service to clients.
There will also be the opportunity to contribute to production and business development, helping to identify and develop new opportunities and grow the US Property portfolio.
Key Responsibilities
- Broking and placing US Property risks into the Lloyd's and London Market.
- Managing new business and renewal placements from initial submission through to completion.
- Taking an active role in production and business development, identifying new opportunities and supporting the growth of the US Property portfolio.
- Building and maintaining strong relationships with clients and market underwriters.
- Preparing and presenting submissions to Lloyd's and London Market underwriters.
- Negotiating coverage, terms, conditions and pricing on behalf of clients.
- Managing mid-term adjustments and ongoing client requirements.
- Working closely with underwriters to secure appropriate solutions for US Property risks.
- Maintaining a strong understanding of the US Property market and the wider London Market.
- Developing and maintaining relationships with existing and prospective clients to generate new business opportunities.
Required
5+ years' experience working as a broker in the Lloyd's market.
Strong experience within the US Property line of business.
If you're an experienced Lloyd's broker with a strong background in US Property and are looking for an opportunity that offers a combination of broking, client exposure and business development, we'd love to hear from you.
Salary is negotiable depending on experience.
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US Property Broker employer: HFG Insurance Recruitment
Join a leading commercial insurance business in Surrey, where we prioritise a collaborative and inclusive work culture that fosters professional growth and development. As the Head of Compliance & Regulatory Strategy, you will benefit from a competitive salary package, including a generous bonus structure and long-term incentives, all while working alongside industry experts at the forefront of compliance leadership. Our commitment to employee well-being and career advancement makes us an exceptional employer for those seeking meaningful and rewarding opportunities.
StudySmarter Expert Advice🤫
We think this is how you could land US Property Broker
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like HFG Insurance Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like HFG Insurance Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace US Property Broker
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 HFG Insurance Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG Insurance Recruitment. 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 HFG Insurance Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG Insurance Recruitment 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 HFG Insurance Recruitment, 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 HFG Insurance Recruitment'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.
