At a Glance
- Tasks: Secure risk transfer solutions and negotiate optimal coverage for clients globally.
- Company: Leading independent (re)insurance broking firm with a diverse, supportive culture.
- Benefits: Competitive salary, generous pension, private medical insurance, and 25+ days annual leave.
- Other info: Inclusive environment with opportunities for career growth and development.
- Why this job: Join a passionate team and make a real impact in the insurance industry.
- Qualifications: Strong understanding of risk management and excellent communication skills.
The predicted salary is between 49500 - 60500 £ per year.
About us
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 reinsureds.
For over 120 years we’ve been industry leaders in a variety of specialist areas.
Working here
A career with us 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.
What you’ll do
Professional & Financial Risks
The team secures risk transfer solutions for professionals operating across a wide range of sectors, from established businesses through to new start-ups, on a direct basis and via third party intermediaries around the globe.
When working with retail and wholesale brokers, coverholders and MGAs, we assist in arranging cover that addresses the current professional liability exposures referenced above.
- Role Responsibilities
- Develop a strong understanding of clients’ businesses, risk profiles, and insurance requirements, proactively identifying tailored solutions to meet their needs.
- Support Account Handlers and Account Executives in preparing market presentations and documentation for both new business opportunities and renewal negotiations.
- Negotiate with London and international insurance markets to secure optimal coverage and terms aligned with clients’ risk management objectives.
- Provide expert guidance to clients on insurer selection, market options, and available risk transfer solutions.
- Assist in the production of high-quality presentations and proposal materials for prospective and existing clients.
- Collaborate with colleagues across the business to ensure the efficient handling, placement, and servicing of client accounts.
- Build and maintain strong relationships with key market contacts, insurers, and stakeholders to support successful placement outcomes.
- Identify opportunities to work collaboratively across the organisation, leveraging cross-selling opportunities to enhance client solutions and business growth.
- Maintain accurate, compliant, and up-to-date placing records using the corporate document management system.
- Contribute to the growth of the portfolio by identifying new business prospects, expanding existing client relationships, and actively participating in cross-selling initiatives across Miller where appropriate.
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.
- 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
Benefits
- On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Medicare cash plan
- Minimum of 25 days annual leave (with flexibility to buy more)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave
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.
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PI Broker employer: Miller
Miller is an exceptional employer located in the vibrant Greater London area, offering a dynamic work culture that prioritises inclusivity and collaboration. Employees benefit from comprehensive support throughout their career journey, with ample opportunities for professional growth and development within the reinsurance sector. Joining Miller means being part of a dedicated team that values accuracy and detail, making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land PI Broker
✨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 Miller). 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 Miller. 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 PI Broker
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 Miller.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Miller. 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 Miller
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Miller 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 Miller, 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 Miller'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.
