Broking Manager in Birmingham

Broking Manager in Birmingham

Birmingham Full-Time 62000 - 62000 £ / year (est.) Home office (partial)
Marsh & McLennan Companies

At a Glance

  • Tasks: Build relationships and negotiate with insurers to deliver top-notch service for clients.
  • Company: Join Marsh McLennan, a global leader in risk and insurance solutions.
  • Benefits: Enjoy professional development, flexible work options, and a vibrant, inclusive culture.
  • Other info: Hybrid work model with opportunities for career growth and collaboration.
  • Why this job: Make an impact by providing expert advice and strategic insights in a dynamic environment.
  • Qualifications: Experience in commercial insurance broking and strong organisational skills are essential.

The predicted salary is between 62000 - 62000 £ per year.

We are seeking a talented individual to join our Commercial Team at Marsh McLennan. As a Broking Manager, you will build and maintain strong relationships and develop strategic partnerships with clients, colleagues, and key insurance carriers, while providing technical expertise to internal client servicing teams.

We will count on you to:

  • Build and maintain strong relationships and develop strategic partnerships with key insurers whilst negotiating to achieve the best terms and deliver a first-class service for clients.
  • Act as the reference point for advice and technical expertise to the internal client servicing teams.
  • Provide recommendations and advice on placement strategy, programme structure, and market conditions, including occasional presentations to clients where appropriate.
  • Fully document all quotations received and advise the Client Servicing team of all conditions.
  • Attend client and insurer meetings in partnership with the client service team.

What you need to have:

  • Proven experience of commercial insurance broking or underwriting is essential.
  • Excellent organisational skills with the ability to manage multiple enquiries simultaneously.
  • A good awareness of clients’ business, their business issues, insurance programmes, and service plans.

What makes you stand out:

  • Dynamic with previous client-facing experience.
  • The ability to remain calm under pressure and be able to work flexibly when required.
  • Cert CII qualified and working towards ACII is desirable.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.

Broking Manager in Birmingham employer: Marsh & McLennan Companies

Lippincott is an exceptional employer that fosters a collaborative and innovative work culture, where consultants are empowered to tackle complex brand challenges alongside a passionate team. Located in London, employees benefit from a vibrant city atmosphere, ample opportunities for professional growth, and mentorship from experienced leaders, all while contributing to the development of world-class brands. With a commitment to inclusion and a focus on personal and collective success, Lippincott offers a rewarding environment for those seeking meaningful and impactful careers.

Marsh & McLennan Companies

Contact Details:

Marsh & McLennan Companies Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Broking Manager in Birmingham

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 Marsh & McLennan Companies). 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 Marsh & McLennan Companies. 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 Broking Manager in Birmingham

Commercial Insurance Broking
Client Relationship Management
Negotiation
Technical Expertise
Organisational Skills
Market Analysis
Presentation Skills

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 Marsh & McLennan Companies.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Marsh & McLennan Companies. 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 Marsh & McLennan Companies

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Marsh & McLennan Companies 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 Marsh & McLennan Companies, 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 Marsh & McLennan Companies'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.