At a Glance
- Tasks: Join us to redefine insurance for SMEs and provide expert advice.
- Company: Be part of iwoca, a fast-growing company dedicated to supporting SMEs.
- Benefits: Enjoy flexible hours, medical insurance, generous holiday, and a learning budget.
- Other info: Work in a dynamic team with opportunities for growth and fun events.
- Why this job: Make a real impact by helping SMEs navigate their insurance needs confidently.
- Qualifications: 5+ years in commercial insurance with strong communication and problem-solving skills.
The predicted salary is between 50000 - 65000 £ per year.
We're looking for Senior Commercial Insurance Brokers. Are you a commercial insurance expert with an entrepreneurial spirit? We’re looking for a high-energy Senior Commercial Insurance Broker to help us build a brand-new insurance venture. If you thrive in fast-paced environments and want to redefine how SMEs protect their businesses, we want to hear from you.
The company is here because we believe in SMEs. We believe they deserve better than confusing jargon, slow and outdated customer experiences, and being caught out by hidden conditions and fees. Since 2012, iwoca has made finance fast, flexible, and fair for over 150,000 businesses. Now, we're doing the same for insurance. We're building a brand new insurance business from the ground up — to protect SMEs in the moments that matter most.
The team is a small, smart, entrepreneurial group responsible for launching iwoca's new SME insurance business. Here’s how the team works together:
- Customer-obsessed: The team challenges itself to build insurance that its customers actually want, rather than what insurers simply want to sell.
- Curious & supportive: The team collaborates across disciplines to find creative solutions to complex problems in a safe and supportive environment.
- Motivated & humble: The team is motivated, fast-paced and highly autonomous. We’re humble and make sure to celebrate wins and have fun along the way.
- Entrepreneurial & growth-minded: The environment is ideal for someone who thrives on taking full ownership and is ready to roll up their sleeves and build.
The role involves being a founding member of our new insurance venture, responsible for providing expert insurance advice to SMEs, coaching junior team members, and building a modern, customer-first insurance experience. In this role, you will:
- Deliver a seamless insurance experience by blending cutting-edge technology with deep technical product knowledge, drawing on your expertise to improve processes and enhance customer satisfaction.
- Advise on all lines of commercial insurance, handling more complex placements and managing the new business and renewals pipelines to ensure all opportunities are maximised and managed in a timely way.
- Navigate the insurance market leveraging the Acturis platform and open-market relationships.
- Champion clear, professional communication via phone and email, speaking directly to our customers in plain English.
- Drive innovation by translating customer feedback into actionable insights for our product roadmap.
- Comply with internal standards and FCA regulations to ensure good customer outcomes.
Essential requirements:
- Proven track record of at least 5 years' experience as a commercial insurance broker.
- Technical expertise in handling all lines of commercial insurance for SMEs.
- A high-energy, resilient, and results-oriented personality that thrives on achieving goals.
- Exceptional organisation and communication skills, and a proactive approach to relationship management.
- Ability to thrive in a fast-moving environment, make swift decisions, and remove unnecessary friction for our customers.
Bonus:
- Insurance qualifications (Diploma in Insurance, etc.)
- Experience using Acturis and/or HubSpot.
The culture at iwoca prioritises a culture of learning, growth, and support, and invests in the professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.
The offices are designed to be a great place to work:
- Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
- Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.
Benefits include:
- Flexible working hours.
- Medical insurance from Vitality, including discounted gym membership.
- A private GP service for you, your partner, and your dependents.
- 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
- A one-month, fully paid sabbatical after four years.
- Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
- 3% Pension contributions on total earnings.
- An employee equity incentive scheme.
- Generous parental leave and a nursery tax benefit scheme.
- Electric car scheme and cycle to work scheme.
- Two company retreats a year.
To ensure continuous learning, we offer:
- A learning and development budget for everyone.
- Company-wide talks with internal and external speakers.
- Access to learning platforms like Treehouse.
Senior Commercial Insurance Broker - Insurance Venture (UK) in London employer: Iwoca
iwoca is an excellent employer for Data Scientists, offering a dynamic work environment in London that fosters innovation and collaboration. With flexible working hours, comprehensive medical insurance, and a dedicated learning budget, employees are encouraged to grow their skills and advance their careers while contributing to impactful product decisions. The company's commitment to a supportive culture makes it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Insurance Broker - Insurance Venture (UK) in London
✨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 Iwoca). 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 Iwoca. 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 Senior Commercial Insurance Broker - Insurance Venture (UK) in London
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 Iwoca.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Iwoca. 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 Iwoca
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Iwoca 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 Iwoca, 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 Iwoca'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.
