At a Glance
- Tasks: Provide expert insurance advice to High Net Worth clients and manage complex portfolios.
- Company: Join a leading firm in Edinburgh focused on exceptional client service.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for leadership and career growth in a supportive team.
- Why this job: Make a real impact by advising affluent clients and managing unique insurance needs.
- Qualifications: Experience in insurance broking with High Net Worth clients and strong communication skills.
The predicted salary is between 28000 - 42000 £ per year.
We are assisting our client in recruiting for a Private Clients Broker to service High Net Worth clients. The role involves providing expert insurance advice, managing complex portfolios and ensuring first-class service. Strong communication and technical knowledge are essential. Leadership skills are an advantage.
RESPONSIBILITIES
- Manage multi-property, multi-vehicle and complex risks
- Provide tailored insurance solutions
- Handle client meetings, renewals and insurer reviews
- Support colleagues across offices when needed
- Issue new business MTAs and renewals promptly
- Respond quickly to client queries
- Maintain product and market knowledge
- Assist with claims when required
- Negotiate terms with insurers and represent client interests
- Keep accurate records and follow compliance standards
DAY-TO-DAY
- Advise High Net Worth clients
- Manage policy docs, invoicing and diary tasks
- Reconcile accounts and update records
- Draft correspondence to company standards
- Complete training and CPD
- Follow compliance policies (GDPR, anti-bribery, etc.)
- Support team service delivery
EXPERIENCE
- Insurance broking experience with HNW clients
- Knowledge of complex risks (multi-property / vehicle)
- Experience with Acturis preferred
- Strong client and insurer relationship skills
- Experience in leadership an advantage
SKILLS
- Confident communicator with strong numeracy
- Skilled negotiator and influencer
- Organised with good time management
- Team player with client-first approach
- Compliance aware and process focused
Private Client/HNW Broker employer: Lawes Consulting Group
As a well-established independent Lloyd’s broker located in the heart of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our team is dedicated to innovation in risk management, offering competitive salaries and comprehensive benefits, alongside unique opportunities to engage with multinational clients and enhance your expertise in US casualty and financial lines. Join us to be part of a forward-thinking organisation that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Private Client/HNW Broker
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry, especially those who work with High Net Worth clients. Attend events, join online forums, and don’t be shy to reach out on LinkedIn – you never know who might have the inside scoop on job openings.
✨Tip Number 2
Practice your pitch! When you land that interview, make sure you can confidently explain how your experience aligns with managing complex portfolios and providing tailored insurance solutions. We want to hear how you’ve handled client meetings and renewals in the past.
✨Tip Number 3
Show off your negotiation skills! Be ready to discuss specific examples where you’ve successfully negotiated terms with insurers or represented client interests. This is key for a Private Clients Broker role, so let’s make sure you shine in this area.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. So, get your application in and let’s get you on the path to landing that dream job!
We think you need these skills to ace Private Client/HNW Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Private Clients Broker. Highlight your experience with High Net Worth clients and any relevant insurance broking experience. We want to see how you can manage complex portfolios and provide tailored solutions!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your strong communication skills and technical knowledge. Let us know why you're passionate about providing first-class service to HNW clients and how you can contribute to our team.
Showcase Your Skills:Don’t forget to highlight your negotiation skills and ability to handle client queries efficiently. We love seeing examples of how you've successfully managed multi-property or multi-vehicle risks in the past, so share those stories!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Stuff
Make sure you brush up on your knowledge of insurance, especially when it comes to High Net Worth clients and complex risks. Familiarise yourself with multi-property and multi-vehicle policies, as well as the latest trends in the market. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Communication Skills
As a Private Clients Broker, strong communication is key. Practice articulating your thoughts clearly and concisely. You might want to prepare examples of how you've successfully managed client relationships or resolved issues in the past. This will demonstrate your ability to provide first-class service and handle client meetings effectively.
✨Prepare for Scenario Questions
Expect to be asked about how you'd handle specific situations, like negotiating terms with insurers or managing a complex portfolio. Think through potential scenarios and how you would approach them. This will help you showcase your problem-solving skills and your ability to think on your feet during the interview.
✨Demonstrate Team Spirit
Highlight your experience working collaboratively with colleagues across different offices. Share examples of how you've supported team service delivery or assisted others in achieving their goals. This will show that you're not just focused on individual success but are also a team player who values collaboration.
