At a Glance
- Tasks: Build client relationships and develop innovative insurance solutions in a dynamic environment.
- Company: Join a growing Lloyd's insurance broker with a collaborative and entrepreneurial culture.
- Benefits: Competitive salary, strong support teams, and opportunities for career growth.
- Other info: Diverse and inclusive workplace committed to fair representation.
- Why this job: Make an impact in the insurance industry while shaping your career path.
- Qualifications: Experience in specialty insurance and strong business development skills.
The predicted salary is between 59400 - 72600 £ per year.
The Opportunity
We are excited to be partnering with an established and growing Lloyd's insurance broker who is seeking an experienced Producer Broker to join its London team.
This opportunity would suit a commercially minded insurance professional who enjoys building client relationships, developing new business and structuring solutions for complex risks.
The business offers a collaborative, entrepreneurial environment where individuals are empowered to make decisions, contribute ideas and play an active role in future growth.
Applications are welcomed from brokers with expertise across a range of specialty classes including Property, Casualty, Professional Lines, Marine, Cyber and other niche areas.
Key Responsibilities
- Business Development
- Develop and grow a portfolio of clients through existing relationships, market networks and new business activity.
- Identify and secure opportunities for profitable growth across target sectors and classes of business.
- Build long-term relationships with clients, acting as a trusted adviser on insurance and risk management matters.
- Broking & Placement
- Design and deliver insurance solutions for a broad range of client requirements, including complex and non-standard risks.
- Negotiate with Lloyd's and company market underwriters to achieve the best possible outcomes for clients.
- Maintain a strong understanding of market conditions, capacity trends and emerging risks.
- Relationship Management
- Build and maintain strong relationships with insurers, underwriters and key market stakeholders.
- Work collaboratively with technical, claims and operational teams to ensure excellent client service.
- Represent the business within the wider market, helping strengthen its profile and reputation.
- Candidate Profile
The successful individual is likely to demonstrate
- A proven track record within the London Market, specialty insurance or Lloyd's environment.
- Strong business development capabilities and a network of established market relationships.
- Experience placing complex or specialist risks.
- A commercial mindset with a focus on client outcomes and revenue growth.
- Strong negotiation, communication and relationship-building skills.
- The ability to work autonomously while contributing positively to a team environment.
Candidates with an existing portfolio of business, established client following or demonstrable revenue generation experience will be particularly well suited to this opportunity.
- What's on Offer
- The opportunity to join a growing and ambitious business with a strong market reputation.
- A collaborative culture that values initiative, accountability and entrepreneurial thinking.
- Access to experienced technical, operational and claims support teams.
- Genuine scope to influence strategy, contribute to growth plans and develop your career.
- A competitive remuneration and benefits package reflective of experience and business generation capability.
Visit the IDEX Consulting Ltd website for further opportunities.
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Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work.
We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort.
We are committed to driving conscious inclusion across our business and creating equitable pathways.
Producer Broker 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 Producer Broker 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 Producer Broker 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.