Broker - Professional Indemnity

Broker - Professional Indemnity

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Howden Insurance Brokers Limited

At a Glance

  • Tasks: Provide exceptional input and resolve client issues in a dynamic team environment.
  • Company: Join Howden, a global leader in insurance with a collaborative culture.
  • Benefits: Define your career with personal development, volunteering, and flexible working options.
  • Other info: Embrace diversity and enjoy a supportive workplace focused on sustainability.
  • Why this job: Make a positive impact while working with diverse teams and innovative solutions.
  • Qualifications: Experience in insurance, strong communication skills, and a proactive approach.

The predicted salary is between 40000 - 50000 £ per year.

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of over 21,000 employees spanning over 100 countries. We're moving from strength to strength, expanding our global reach and growing both organically and through strategic, high-quality mergers and acquisitions. By bringing together diverse expertise and perspectives, we're enhancing our unique culture and values, whilst continuing to expand our capability to innovate, and deliver exceptional solutions for our clients.

The Role

As a Broker in our Professional Services division, you will be responsible for providing exceptional input to team meetings, sharing valuable observations from the market, and effectively resolving client issues.

What you'll do

  • Your role will involve planning work activities to achieve team objectives and meet agreed targets, ensuring flawless project management and contributing to other projects as required.
  • You will review submissions to ensure comprehensive and accurate information is presented to the market, while devising placing strategies and identifying effective product layering to meet client demands and needs.
  • Working with underwriters to place insurance that balances quality, coverage, and price will be a key aspect of your responsibilities.
  • Additionally, you will review wordings and gather market intelligence to ensure our product offering remains up to date and relevant.
  • Developing strong relationships with markets and providing broking guidance and support for junior team members will be vital to your success.
  • You will also respond to market and third-party queries as appropriate, while maintaining up-to-date records on the company's systems and adhering strictly to company procedures and compliance requirements for documentation and communication.

Who we're looking for

  • Proven experience in a similar or related role.
  • Excellent knowledge of the insurance market and specific product knowledge, enabling you to make informed decisions and recommendations.
  • A good understanding of regulatory and legal frameworks to ensure compliance and mitigate risks.
  • A professional approach with excellent communication and interpersonal skills, allowing you to build strong relationships with clients and colleagues alike.
  • The ability to work independently, use initiative, and meet tight deadlines, showcasing your self-motivation and time management skills.
  • Calm and resilient under pressure, with the ability to positively react to change and adapt quickly to new circumstances.
  • Strong mediation and influencing skills, allowing you to effectively advocate for client needs and secure favourable outcomes.
  • A strong understanding of business operations, enabling you to align your work with broader organisational objectives.
  • GCSE Maths and English (or equivalent) to ensure a solid foundation in core skills and A levels (desirable) to demonstrate your academic achievements and dedication to continuous learning.
  • Attainment of the LLMIT (the Lloyd's and London Market Introductory Test), where relevant to the role, indicating your comprehensive understanding of the London insurance market.
  • Working towards or having attained ACII (desirable but not crucial), showcasing your commitment to professional development and industry knowledge.

What do we offer in return?

A career that you define. Our business succeeds by allowing our people to make a mark in the areas they care about most: personal development, volunteering, and fundraising for charity, or creating new insurance products that address society’s greatest challenges. And we know that separate home and work lives don't really exist. If you're happy and healthy at home, you're more likely to be happy and fulfilled at work – and vice versa. That's why we do our best to support our people in every aspect of their lives.

Diversity and Inclusion

At Howden we value diversity - there is no one Howden ‘personality type’. Instead, we’re looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new.
  • We support each other, in the small everyday moments and the bigger challenges.
  • We are determined to make a positive difference, at work and beyond.
  • We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect – regardless of age, disability, race, religion or belief, gender, sexual orientation, marital status, or family circumstances.

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

Our sustainability promise

We’re on a life-long journey to become an ever-more sustainable group. It's a commitment to taking care of our people and the world we live in, to doing good business, and to making a positive impact wherever we can. Our governance processes, company policies, and review systems are all geared towards our goal of making a positive impact in the world.

Broker - Professional Indemnity employer: Howden Insurance Brokers Limited

At Howden, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. Our commitment to personal development, flexible working arrangements, and a focus on employee well-being ensures that you can thrive both professionally and personally. With opportunities for growth and a diverse team of over 21,000 passionate individuals, joining us as a Broker in Professional Indemnity means becoming part of a dynamic organisation dedicated to making a positive impact in the insurance industry.

Howden Insurance Brokers Limited

Contact Details:

Howden Insurance Brokers Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Broker - Professional Indemnity

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Howden. A friendly chat can open doors and give you insider info about the company culture and what they really value in candidates.

Tip Number 2

Prepare for interviews by researching Howden's recent projects and initiatives. Show us that you're not just interested in the role but also in how you can contribute to their mission of pushing boundaries in insurance.

Tip Number 3

Practice your communication skills! As a Broker, you'll need to build strong relationships. Role-play common interview scenarios with a friend to boost your confidence and refine your responses.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us that you’re serious about joining our team.

We think you need these skills to ace Broker - Professional Indemnity

Market Analysis
Client Relationship Management
Project Management
Insurance Product Knowledge
Regulatory Compliance
Communication Skills
Interpersonal Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Broker role. Highlight your experience in the insurance market and any relevant qualifications, like the LLMIT or ACII, to show us you’re the right fit!

Showcase Your Skills:We want to see your excellent communication and interpersonal skills shine through. Use specific examples from your past roles to demonstrate how you've built strong relationships and resolved client issues effectively.

Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured documents that are easy to read, so make sure your key achievements and experiences stand out!

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at Howden Insurance Brokers Limited

Know Your Stuff

Make sure you brush up on your knowledge of the insurance market, especially in relation to professional indemnity. Familiarise yourself with current trends, regulations, and key players. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

Showcase Your Communication Skills

Since the role involves building strong relationships with clients and colleagues, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated complex information in the past, as this will demonstrate your interpersonal skills.

Prepare for Scenario Questions

Expect to be asked about how you would handle specific situations, such as resolving client issues or working under pressure. Think of relevant experiences where you’ve successfully navigated challenges and be ready to discuss your thought process and outcomes.

Demonstrate Team Spirit

Howden values collaboration, so be prepared to discuss how you work within a team. Share examples of how you've contributed to team objectives and supported your colleagues, especially in mentoring or guiding junior team members.