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For Companies At a Glance
- Tasks: Lead and manage a portfolio of Professional Indemnity clients, creating tailored insurance solutions.
- Company: Join a well-established, independent Lloyds Broker with global partnerships for innovative risk solutions.
- Benefits: Enjoy a negotiable salary, home working flexibility, and a comprehensive benefits package.
- Why this job: This role offers growth opportunities, client relationship management, and the chance to mentor junior team members.
- Qualifications: 5+ years in a Lloyds/London Market broker role with expertise in Professional Indemnity risks.
- Other info: Open to discussing new business commissions and expanding into new territories.
The predicted salary is between 43200 - 72000 £ per year.
An opportunity to expand your career and achieve your professional ambitions. We are delighted to be recruiting on behalf of an established, truly independent Lloyds Broker & Coverholder who enjoy strategic alliances with partners across the globe to create innovative risk solutions.
The Senior Broker / Client Relationship Manager will assume leadership and management of an existing portfolio of UK & European Professional Indemnity portfolio with particular emphasis on the design, construction, architect and engineering environment. In addition to stewardship of the current book of business, our client is keen to meet candidates with experience in business development or those eager to develop skills in this area. You will receive full support to grow the account into other territories and/or industry sectors.
This will be a full 360-degree role, working with clients to understand risks and insurance needs, creating bespoke insurance solutions, identifying appropriate markets, and leading negotiations with underwriters. You will also assist in training and developing junior team members who will support you.
What you need to show:
- At least 5 years' experience in a Lloyds/London Market placing broker position.
- Understanding of Professional Indemnity risks and markets.
- A proven track record of account and client relationship management.
- Be resourceful, driven, and innovative.
What is on offer:
- A product leadership role.
- Salary is negotiable depending on your skill set and what you can bring to the role.
- Our client is open to discussing new business commissions.
- City-based office with some home working flexibility.
- Full benefits package.
- An opportunity to expand and grow an existing book with full support.
Senior PI Broker employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior PI Broker
✨Tip Number 1
Network with professionals in the Lloyds and London Market. Attend industry events, webinars, or local meetups to connect with potential colleagues and clients. Building relationships can lead to referrals and insights that are invaluable for your application.
✨Tip Number 2
Research the latest trends in Professional Indemnity insurance, especially within the design, construction, architecture, and engineering sectors. Being knowledgeable about current market conditions and challenges will help you stand out during interviews.
✨Tip Number 3
Prepare to discuss your previous successes in account management and business development. Have specific examples ready that demonstrate your ability to grow a portfolio and manage client relationships effectively.
✨Tip Number 4
Showcase your leadership skills by discussing any experience you have in mentoring or training junior team members. This is particularly important as the role involves developing others, so be ready to share how you've contributed to team growth in the past.
We think you need these skills to ace Senior PI Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the Lloyds/London Market and specifically your work with Professional Indemnity risks. Use keywords from the job description to demonstrate that you meet the requirements.
Craft a Compelling Cover Letter: In your cover letter, emphasise your leadership skills and experience in account management. Share specific examples of how you've successfully developed client relationships and created bespoke insurance solutions.
Showcase Business Development Skills: If you have experience in business development, make it prominent in your application. Discuss any strategies you've implemented to grow accounts or enter new markets, as this is a key aspect of the role.
Highlight Team Development Experience: Mention any experience you have in training or mentoring junior team members. This will show that you are not only capable of managing your own portfolio but also willing to contribute to the growth of the team.
How to prepare for a job interview at MW Appointments
✨Showcase Your Experience
Make sure to highlight your at least 5 years of experience in a Lloyds/London Market placing broker position. Prepare specific examples of how you've managed accounts and built client relationships, particularly in the Professional Indemnity sector.
✨Demonstrate Business Development Skills
Even if you haven't had extensive business development experience, express your eagerness to learn and grow in this area. Share any relevant experiences where you've successfully identified new opportunities or markets.
✨Understand the Industry
Familiarise yourself with the current trends and challenges in the design, construction, architect, and engineering environments. Being able to discuss these topics will show your depth of knowledge and commitment to the role.
✨Prepare for Team Leadership Questions
Since you'll be assisting in training and developing junior team members, be ready to discuss your leadership style and any previous experiences in mentoring or managing others. Highlight your ability to inspire and support your team.
