Overview
As Senior Producer in the delegated authority division, you will originate and win new DA business from MGAs, Coverholders, brokers and clients, while growing existing relationships. You will set your own business development strategy, negotiate and place Binding Authorities and Lineslips, and represent the firm at industry events. You’ll collaborate across technical, operations, compliance and claims teams to onboard facilities and design innovative placement solutions. You’ll report to the CEO and contribute to a fast-growing, independent broker.
Pay / Benefits
- Competitive salary and performance-based bonus
- Share scheme participation
- Hybrid working
- Comprehensive flexible benefits
- Ongoing professional development
- Clear path to progression
Responsibilities
- Originate and win new delegated authority business from MGAs, Coverholders, brokers and clients
- Grow and manage existing client relationships
- Set and execute the business development strategy for DA
- Negotiate and place Binding Authorities, Lineslips and delegated underwriting arrangements (plus reinsurance)
- Represent the company at market meetings and industry events
- Collaborate with technical, operations, compliance and claims teams to onboard facilities/programmes
- Design innovative placement solutions for clients
Key requirements
- Strong track record of broking delegated authority business in the London Market with a profitable book of new business
- Established network across Lloyd's syndicates, company markets, MGAs, Coverholders and capacity providers
- Deep knowledge of Binding Authorities, Lineslips and facilities; understanding of Lloyd's delegated authority processes and governance
- Experience negotiating with London and international markets; solid grasp of FCA conduct standards
- Entrepreneurial, self-driven approach with ability to spot and convert opportunities
- ACII, or progress towards professional qualifications, preferred
- Excellent relationship management and negotiation skills
- entrepreneurial mindset
- self-motivation
- strong relationship management
- Binding Authorities
- Lineslips
- Lloyd's delegated authority processes and governance
Delegated Authority Producing Broker in London employer: Idex Consulting
Join a prestigious law firm in London that offers a dynamic and collaborative work environment, where your contributions to high-profile equity capital markets deals will be valued. With a strong commitment to employee development, you will have access to ongoing training and mentorship opportunities, ensuring your professional growth in a fast-paced global setting. The firm's culture promotes teamwork and innovation, making it an excellent place for ambitious solicitors looking to make a meaningful impact in their careers.