At a Glance
- Tasks: Support brokers with technical and administrative tasks in Facultative Reinsurance.
- Company: Specialist Lloyd's Broker with a focus on Reinsurance.
- Benefits: Competitive salary, hybrid work model, and career development opportunities.
- Other info: Perfect for junior professionals aiming for a long-term career in the London Market.
- Why this job: Gain hands-on experience in a dynamic market and learn from industry experts.
- Qualifications: 6 months of insurance experience and a keen interest in Reinsurance.
The predicted salary is between 30000 - 35000 £ per year.
We are working with a Specialist Lloyd's Broker who are looking to hire a Junior Facultative Cross-Class Broker Technician to join their specialist Reinsurance team. This is an excellent opportunity for a 2nd jobber with around 6 months+ insurance experience who is looking to develop their technical knowledge within Facultative Reinsurance and work across a range of specialty classes.
The Role
- Support the broking team with the day-to-day technical and administrative aspects of Facultative Reinsurance placements, gaining exposure to a variety of specialty classes and working closely with experienced brokers.
Key responsibilities will include:
- Supporting brokers with the preparation and processing of Facultative placements
- Assisting with slips, endorsements and other market documentation
- Processing and maintaining accurate policy and placement information
- Liaising with brokers, clients and underwriters where required
- Supporting the team with renewals and new business
- Ensuring documentation is accurate and completed within required timescales
- Developing knowledge of Facultative Reinsurance and the wider Lloyd's market
About You
- Around 6 months' experience within the insurance industry
- An interest in Reinsurance, particularly Facultative
- Ideally some exposure to technical, broking or processing activities
- Strong attention to detail and organisational skills
- Good communication skills and the ability to work as part of a team
- A willingness to learn and develop within a specialist London Market environment
This role would suit a junior insurance professional looking to build a long-term career in Facultative Reinsurance, with the opportunity to learn from experienced brokers and develop into a specialist technician.
Cross-Class Facultative Technician in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Cross-Class Facultative Technician 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 Jobiqo). 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 Jobiqo. 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 Cross-Class Facultative Technician 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 Jobiqo.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. 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 Jobiqo
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo 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 Jobiqo, 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 Jobiqo'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.
