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- Tasks: Support a dynamic team in managing Treaty Reinsurance for clients and markets.
- Company: Join a leading global Lloyds broker with a strong reputation.
- Benefits: Gain valuable experience in a diverse and inclusive workplace.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Experience in Reinsurance preferred; training provided for the right candidate.
- Other info: Build relationships and grow your career in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Senior Broker Support / Broker Back-up Technician
Job Market: Insurance Broking
Senior Broker Support / Broker Back-up Technician About the role
This is an excellent opportunity to join a global Lloyds broker who are leaders in their field. You will provide support to your team to deliver an excellent and comprehensive service in the administration of new business, renewal and mid-term changes of Treaty Reinsurance for specific clients.The successful candidate will also have exposure to clients and markets to help manage all aspects of the placing and running of Treaties across predominately North American Wholesale business.
Senior Broker Support / Broker Back-up Technician Key duties
Reviews client documentation to ensure that information presented is sufficiently comprehensive/accurate to support the quoting process
Prepares or checks market presentations
Liaises with clients and ensures client queries are resolved
Responds to market and third party queries as appropriate
Produces high quality and compliant market documentation ensuring appropriate authorisations are secured
Act as a conduit between the Broking and Technical Processing Teams as required, including provision of accurate handover documentation for processing.
Monitoring of premium payments and meeting premium due dates.
Ensures up to date records are maintained at all times on the Company system
Collates and communicates client requirements to ensure appropriate marketing of the risk
Develops good relationships with markets and clients
Follows agreed processes and obtains appropriate approvals to ensure compliance with company policy and regulatory requirements
Maintains appropriate client files, and oversees the prompt and accurate production of documentation to best meet client, company and regulatory requirements
Strives to provide quality and excellence in line with company process
Builds and maintains strong relationships with internal stakeholders and external contacts to ensure service delivery meets expectations and is compliant
Provides support and assistance to senior colleagues and/or their clients on request
Deals with, or refers, client enquiries, renewals and mid-term adjustments
Develops strong relationships with immediate Team and the wider Business Unit
Assists with the development and maintenances appropriate underwriter relationships
Senior Broker Support / Broker Back-up Technician Key requirements
Experienced in Reinsurance, preferably in Treaty Reinsurance full training to be provided.
Experience of working with Treaty Brokers and supporting the placement process, including
knowledge of Market Reform Contract production.
Competent IT skills, including but not limited to Microsoft Word, Excel and Outlook
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request.
Senior Broker Back-up / Broker Support Technician in City of London employer: Massenhove Recruitment Ltd
Contact Detail:
Massenhove Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Broker Back-up / Broker Support Technician in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance broking world. Attend industry events, join relevant 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
Prepare for those interviews! Research the company and understand their role in the market. Be ready to discuss how your experience in Treaty Reinsurance can add value to their team. Practice common interview questions and think about how you can showcase your skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Senior Broker Support position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Make sure your application stands out by tailoring it to the specific role and highlighting your relevant experience in reinsurance and client management.
We think you need these skills to ace Senior Broker Back-up / Broker Support Technician in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Broker Support role. Highlight your experience in Reinsurance and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your past experiences that relate to the key duties mentioned in the job description.
Showcase Your IT Skills: Since competent IT skills are a must, don’t forget to mention your proficiency with Microsoft Word, Excel, and Outlook. We love seeing candidates who can hit the ground running with tech tools!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing talent we’re considering!
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of Treaty Reinsurance. Understand the key concepts and processes involved, especially how they relate to the North American Wholesale market. This will help you answer technical questions confidently and show that you're serious about the role.
✨Showcase Your Communication Skills
Since you'll be liaising with clients and markets, it's crucial to demonstrate your communication skills during the interview. Practice explaining complex ideas simply and clearly. You might even want to prepare examples of how you've resolved client queries in the past.
✨Be Ready with Examples
Prepare specific examples from your previous experience that highlight your ability to manage documentation, maintain records, and ensure compliance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Build Rapport with Interviewers
Remember, interviews are a two-way street! Take the time to build rapport with your interviewers. Ask insightful questions about their team and the company culture. This not only shows your interest but also helps you assess if the company is the right fit for you.
