At a Glance
- Tasks: Grow and manage a portfolio of clients in the insurance market.
- Company: Join a leading independent (re)insurance broking firm with a global presence.
- Benefits: Inclusive culture, career growth opportunities, and a supportive team environment.
- Why this job: Make an impact in a dynamic industry while working with passionate professionals.
- Qualifications: A Levels or degree, plus experience in the insurance market.
- Other info: Flexible application process to accommodate all candidates.
The predicted salary is between 50000 - 70000 £ per year.
Headquartered in London, we operate internationally and at Lloyd’s. With a global team of over 1000 people and 10 international offices, we’re able to advise from Brussels to Bermuda. As an independent (re)insurance broking firm we work with intermediaries, direct insureds and reinsurers. For over 120 years we’ve been industry leaders in a variety of specialist areas.
Working here means the freedom to flourish. Whether you’re beginning your journey or ready to make your next move you’ll find a team of talented, inspirational people who care about their work and each other. What really sets us apart is our people. We’re a diverse range of passionate advocates for doing things differently. We work together as one team, and our aim is always the outcome that will benefit everyone.
Special Risks
The team comprises of: Accident and Health, Cargo, Credit and Political Risks, and Sports and Entertainment.
Role responsibilities
- Grow existing portfolio by identifying new, and/or existing opportunities and participate in cross selling across Miller.
- Develop and maintain a portfolio of prospects including research, initiation of contact and new business presentations in order to obtain new business.
- Determine appropriate solutions, structure, price and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients.
- Assist in setting budgets for portfolio of accounts and fulfilling agreed budgets.
- Understand the clients’ business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service and maintain relationships with key market and client contacts.
- Liaise with others to ensure compliant processing of contracts as per FCA and contract certainty requirements.
- Broke, or liaise with placing brokers to achieve agreement of markets where required and maintain diary/pending system to monitor progress.
- Maintain accurate and concise placing files, using corporate document management system.
- Perform quality control checks on all documentation.
- Overall responsibility for compliance procedures for total individual client base.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market.
Qualifications
- A Levels or a bachelor’s degree, or equivalent experience within the insurance market.
- Proven experience as a Cargo Broker, with evidence of managing and growing a portfolio of clients.
- Strong technical knowledge of the Lloyd’s market and relevant compliance requirements.
- Previous experience in a technical role within Lloyd’s or the London insurance market is preferred.
At Miller, we are committed to creating an inclusive and supportive environment for all candidates. If you require any adjustments or accommodations to support you during the application process, please don’t hesitate to let us know.
Cargo Broker - Producer employer: Miller Insurance Services LLP
Contact Detail:
Miller Insurance Services LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cargo Broker - Producer
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events or online. The more people you know, the better your chances of landing that Cargo Broker gig.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your experience in managing and growing client portfolios. They want to see what you can bring to the table.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you admire, like us at Miller, and express your interest in working with them. You never know what opportunities might arise!
✨Tip Number 4
Keep it compliant! Make sure you’re up to speed with the latest FCA rules and Lloyd’s byelaws. Showing that you understand compliance will set you apart from other candidates and show you’re serious about the role.
We think you need these skills to ace Cargo Broker - Producer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Cargo Broker role. Highlight your experience in managing client portfolios and your knowledge of the Lloyd’s market. 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 tell us why you're passionate about the insurance industry and how your background makes you a great fit for Miller. Be sure to mention any specific experiences that align with the responsibilities outlined in the job description.
Showcase Your Compliance Knowledge: Since compliance is key in our industry, make sure to highlight your understanding of FCA rules and Lloyd’s byelaws. We’re looking for candidates who can navigate these requirements smoothly, so don’t hold back on sharing your relevant experiences!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Miller Insurance Services LLP
✨Know Your Cargo Inside Out
Make sure you brush up on your knowledge of the cargo insurance market. Understand the key players, current trends, and compliance requirements specific to Lloyd’s. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Showcase Your Portfolio Management Skills
Be ready to discuss your experience in managing and growing a portfolio of clients. Prepare specific examples of how you've identified opportunities and successfully cross-sold services. This will highlight your ability to contribute to their existing portfolio growth.
✨Demonstrate Team Spirit
Since the company values teamwork, be prepared to share examples of how you've collaborated with others in previous roles. Highlight instances where you worked together to achieve a common goal, as this aligns with their focus on collective success.
✨Ask Insightful Questions
Prepare thoughtful questions that reflect your understanding of the company and its operations. Inquire about their approach to client relationships or how they navigate compliance challenges. This shows you're not just interested in the job, but also in the company's mission and values.