At a Glance
- Tasks: Lead the Wholesale Financial Lines team and manage US D&O placements.
- Company: Reputable mid-sized Lloyd's insurance broker in London.
- Benefits: Competitive salary, discretionary bonuses, and opportunities for international travel.
- Other info: Opportunity to develop global relationships and enhance your career.
- Why this job: Join a growing team and make a significant impact in the D&O market.
- Qualifications: Solid reputation in US D&O broking and team management experience.
The predicted salary is between 130000 - 200000 £ per year.
A reputable, mid-sized Lloyd's insurance broker seeking a senior US D&O broking professional to lead their Wholesale Financial Lines team in the City. There is a book of business to inherit focused on US Directors and Officers insurance, with some Financial Institutions.
Responsibilities
- Placing North American D&O (and some FI) business in the Lloyd's Market
- Nurturing existing relationships with US Wholesalers
- Developing relationships with US retailers to further enhance the flow of business
- Managing a small team of Brokers
- Growing the team by identifying market talent and assisting in the interview process
- Overseas travel (where appropriate)
Qualifications
- A solid reputation in the US D&O London broking market
- Some knowledge of Financial Institutions risks
- Existing relationships with both US wholesalers and retailers
- Team management or mentoring experience
Although the team currently has a US focus, there is also a presence focused on international business, which is welcome for individuals with global relationships. This is a real opportunity for an ambitious D&O Broker to contribute to the growth of a significant team.
Broking Director - D&O employer: IDEX Consulting
Join a reputable mid-sized Lloyd's insurance broker in the heart of London, where you will have the opportunity to lead a dynamic Wholesale Financial Lines team. With a strong focus on employee growth and a collaborative work culture, this role offers competitive compensation, including a discretionary bonus, and the chance to nurture existing relationships while developing new ones in the US D&O market. Experience the unique advantage of working in a vibrant city that fosters professional development and networking opportunities.
StudySmarter Expert Advice🤫
We think this is how you could land Broking Director - D&O
✨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 IDEX Consulting). 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 IDEX Consulting. 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 Broking Director - D&O
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 IDEX Consulting.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IDEX Consulting. 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 IDEX Consulting
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IDEX Consulting 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 IDEX Consulting, 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 IDEX Consulting'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.
