At a Glance
- Tasks: Join a dynamic team to broker commercial insurance and tailor solutions for clients.
- Company: Be part of a leading broking organization expanding into Newcastle.
- Benefits: Competitive salary up to £40,000 with opportunities for growth.
- Why this job: Exciting chance to shape the future of a new branch and build strong client relationships.
- Qualifications: Technical background in insurance with experience in broking preferred.
- Other info: Work closely with industry experts and develop your skills in a supportive environment.
The predicted salary is between 24000 - 40000 £ per year.
Job title: Commercial Insurance Broker Salary: to £40,000 Location: Newcastle Purpose of the role: Exciting opportunity to join a market leading broking organisation as they expand by opening their first branch in Newcastle. The role will see you assist in the success and growth of the branch, whilst working closely with the branch director and account executives, you will be responsible for broking and placement of new and existing commercial insurance risks. Key responsibilities: Broking mid/large commercial and corporate insurance risks. Working with AE’s you will design and tailor insurance solutions in line with client’s requirements. Liaise with decision makers, stakeholders, insurers etc to provide a cost-effective broking service. Adhered to company and FCA regulations and guidelines. Identify appropriate markets for placement of corporate insurance risks. Provide technical and expert advice to key clients. Cultivate strong insurer relationships. Prepare market presentations and negotiate with insurers. Deliver tailored insurance solutions in conjunction with branch directors, account executives and risk managers. Keep Acturis records up to date. Experience: A technical background with experience gained with…
Commercial Broker employer: Lawes Consulting Group
Contact Detail:
Lawes Consulting Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Broker
✨Tip Number 1
Familiarize yourself with the local insurance market in Newcastle. Understanding the specific needs and challenges of businesses in the area will help you tailor your approach and demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the commercial insurance sector. Attend local industry events or join relevant online forums to connect with potential colleagues and clients, which can give you an edge when applying for the role.
✨Tip Number 3
Research the company’s values and recent developments. Being able to discuss how your personal values align with theirs and showing knowledge about their expansion plans will make a strong impression during your conversations.
✨Tip Number 4
Prepare to discuss your experience with broking and placement of commercial insurance risks. Be ready to share specific examples of how you've successfully tailored solutions for clients, as this will highlight your suitability for the role.
We think you need these skills to ace Commercial Broker
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Commercial Insurance Broker position. Understand the key responsibilities and required experience, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience in broking commercial insurance or working with corporate clients. Use specific examples to demonstrate your expertise and how it aligns with the role.
Showcase Your Skills: Focus on skills that are crucial for the role, such as negotiation, relationship building, and technical knowledge of insurance products. Provide concrete examples of how you've successfully applied these skills in past roles.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the branch director directly. Mention why you are excited about the opportunity to join their new branch in Newcastle and how you can contribute to its success.
How to prepare for a job interview at Lawes Consulting Group
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Commercial Insurance Broker. Familiarize yourself with broking mid/large commercial and corporate insurance risks, as well as the importance of tailoring insurance solutions to meet client needs.
✨Showcase Your Technical Knowledge
Be prepared to discuss your technical background and experience in the insurance industry. Highlight any specific examples where you've successfully provided expert advice or negotiated with insurers, as this will demonstrate your capability in the role.
✨Build Rapport with Interviewers
Since cultivating strong insurer relationships is key in this role, practice building rapport during your interview. Engage with the interviewers, ask insightful questions, and show genuine interest in their organization and the branch's goals.
✨Prepare for Market Presentations
Anticipate questions related to preparing market presentations and negotiating with insurers. Think of past experiences where you successfully presented tailored solutions and be ready to discuss your approach and outcomes.