At a Glance
- Tasks: Support international casualty placements and engage with global insurance markets.
- Company: Established international insurance broker with a strong London presence.
- Benefits: Competitive salary, support for professional qualifications, and collaborative work environment.
- Other info: Opportunities for career progression and exposure to diverse international markets.
- Why this job: Join a growing team and gain hands-on experience in international broking.
- Qualifications: Experience in international casualty insurance and understanding of the placement process.
The predicted salary is between 40000 - 50000 £ per year.
An established international insurance and reinsurance broker with a strong presence in the London Market. The business works across complex international risks and offers a collaborative environment where brokers can gain meaningful exposure to both clients and markets.
This is an exciting time to join a growing international team, with the opportunity to work closely with experienced brokers while developing greater responsibility across the placement process.
Role Summary
An opportunity has arisen for an International Placement Broker to join a specialist International Casualty team. Sitting between a senior and more junior member of the team, the successful candidate will work closely with and report into the Head of International Liability. The position offers broad exposure across international casualty business, with particular activity involving territories including the Middle East, Africa and Latin America.
The team is open-minded on geographical experience. Candidates may have previously handled territories such as Canada or Australia, provided they have a solid grounding in international casualty and can adapt that experience to new markets.
This is a hands-on broking position covering both placement and the technical processing that sits behind it. The successful candidate will be given the opportunity to develop beyond pure servicing and take greater ownership of quoting, placing and helping win accounts.
Key Responsibilities
- International casualty placement: Support the placement of international casualty risks into the London and wider insurance markets, developing broader market knowledge and relationships.
- Market engagement: Approach insurers, obtain quotations and negotiate terms to support successful client placements.
- Account development: Take increasing responsibility for helping quote and win accounts, providing progression beyond a purely support-focused broking position.
- Technical broking: Prepare slips and manage relevant documentation and processing, giving ownership across the full placement lifecycle.
- International portfolio exposure: Work across a varied portfolio of international risks, including business originating from the Middle East, Africa and Latin America.
- Team collaboration: Work alongside experienced senior and junior colleagues within a close-knit International team, providing strong opportunities to learn and progress.
Requirements
- Previous exposure to international casualty insurance or broking.
- Experience within a London Market insurance broker or a comparable international broking environment.
- Understanding of the placement process, including preparing slips and associated broking documentation.
- Comfortable engaging with markets, obtaining quotations and progressing placements.
- Adaptable approach, with an interest in developing exposure to different international territories.
- Desire to take greater ownership of accounts and develop commercially as a broker.
The business will also support candidates who want to continue progressing through relevant professional qualifications.
If this role isn't quite right, it's still worth speaking to one of our specialist team - we may be working on something that hasn't hit the market yet.
International Placement Broker in London employer: Jobiqo
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StudySmarter Expert Advice🤫
We think this is how you could land International Placement Broker in London
✨Join Insurance Networks
Dive into local insurance networks or associations. Events like the British Insurance Brokers' Association conferences are goldmines for meeting industry professionals and could lead to placements like the one at Jobiqo. Don't shy away from introducing yourself and chatting about your interest in the field!
✨Leverage University Career Services
Your university's career services are a fantastic resource for securing a placement. They often have connections with companies, including those in the insurance sector like Jobiqo. Make sure you’re utilising their workshops and career fairs to make yourself visible to potential employers.
✨Get Hands-On with Work Experience
Seek out any additional work experience opportunities, even if they’re short-term. Roles like customer service in an insurance office can give you a foot in the door and useful insights. Plus, it shows future employers, like Jobiqo, that you’re proactive and eager to learn!
✨Follow Industry Trends
Stay updated on the latest trends and news in the insurance industry. Engaging with content on platforms like LinkedIn will help you join relevant discussions and showcase your knowledge. This could help you stand out when applying for placements at places like Jobiqo!
We think you need these skills to ace International Placement Broker in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, strong analytical skills are crucial. Make sure to showcase any relevant coursework or projects that demonstrate your ability to evaluate risk and data. This could be stats, financial modelling, or even case studies that you've tackled during your studies.
Show You're Customer-Focused:Insurance is all about helping customers manage risks and navigate their options. In your cover letter, include specific examples of how you've provided excellent customer service or solved problems for clients in any capacity, be it during part-time jobs or volunteer work.
Tailor Your CV for the Sector:When crafting your CV, make sure you're using language and terminology that's familiar in the insurance field. Highlight any relevant insurance legislation or software skills you have, and mention any internships or courses that specifically relate to insurance. This is your chance to show you know what's what in the industry.
Express Your Eagerness to Learn:As this is a placement, companies will be looking for your motivation to learn and grow within the industry. In your application, don’t hold back! Let us know what you’re keen to learn and how you believe this opportunity at Jobiqo can kickstart your career in insurance.
How to prepare for a job interview at Jobiqo
✨Brush Up on Industry Knowledge
Since we're diving into the insurance sector, it’s crucial to brush up on industry trends and key players. Familiarise yourself with terms like underwriting, risk assessment, and claims management to show your solid understanding in the placement interview with Jobiqo.
✨Bring Your Analytical Skills to the Fore
Be prepared to discuss how you approach problem-solving and risk analysis. You might face case study questions that assess your ability to interpret data and make decisions based on it, which is key in the insurance field.
✨Show Your Eagerness to Learn
As this is a placement, your enthusiasm to learn and grow is paramount. Think about how you can convey your motivation to absorb knowledge quickly and how you can contribute to the team at Jobiqo while you’re learning.
✨Glam Up Your CV and Work Experience
Tailor your CV to highlight any relevant coursework, projects, or part-time roles that relate to insurance. If you’ve used any specific tools—like actuarial software or data analysis programmes—make sure to mention those. That'll catch their eye!