At a Glance
- Tasks: Develop and manage a portfolio of specialist clients in North America.
- Company: Join a respected, dynamic Lloyd's insurance brokerage in a prestigious location.
- Benefits: Enjoy generous salaries, full admin support, and a collaborative work environment.
- Why this job: Be part of a fast-growing business with opportunities for networking and client relationship building.
- Qualifications: Proven success in insurance sales with strong client relationships in North America required.
- Other info: Referral program available for successful candidate placements.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a fast-paced, dynamic, and well respected independently-owned Lloyd's insurance brokerage located in the heart of the Insurance District, in a prestigious and iconic building, is seeking a highly motivated and experienced Insurance Brokers to help develop and manage a portfolio of specialist clients in the North American market (US and Canada).
These roles are ideal for producers with established and strong client relationships in the North American Insurance space. Producers of any lines will be considered. However, our client is particularly interested in Property & Casualty (Open Market) Brokers, Bloodstock, Equine and Livestock Brokers, Binding Authority Brokers, Fine Art, Jewellery & Specie Brokers and Transportation brokers.
Full administrative support will be provided, allowing you to focus on client relationships and business generation.
About the Roles:
As an Insurance Broker specialising in North American business, you will be responsible for:
- Business Development: Identifying, targeting, and acquiring new clients with insurance needs within your specialist area(s) across North America (US and Canada). This includes actively networking, attending industry events, and leveraging existing relationships.
- Client Management: Building and maintaining strong relationships with existing clients, understanding their evolving needs, and providing tailored insurance solutions.
- Portfolio Growth: Expanding your book of business by identifying opportunities for cross-selling and up selling to existing clients and through new client acquisition.
- Market Knowledge: Staying up-to-date on market trends, competitor offerings, and regulatory changes within the North American insurance market.
- Risk Assessment: Assessing client risks and recommending appropriate insurance coverage.
- Policy Placement: Negotiating with insurers to secure the best possible terms and coverage for clients.
- Policy Servicing: Handling policy renewals, endorsements, and claims efficiently and effectively, supported by our dedicated administrative team.
- Collaboration: Working closely with internal teams, including account managers, underwriters, and claims adjusters, to ensure seamless client service.
- Compliance: Adhering to all relevant US and Canadian regulatory requirements and ethical standards.
Required Skills and Experience:
- Proven track record of success in insurance sales and business development, specifically within North American insurance.
- Established and strong client relationships within Binding Authorities in the USA and / or Canada.
- Strong understanding of insurance products and underwriting principles related to these specialist lines in the North American market.
- Excellent communication, interpersonal, and negotiation skills.
- Ability to build and maintain strong client relationships.
- Self-motivated, results-oriented, and able to work independently.
- Strong analytical and problem-solving skills.
Benefits:
- Generous salaries and benefits package.
- Opportunity to be part of a fast-growing and dynamic independently-owned business.
- Supportive and collaborative work environment.
- Prime location in the heart of the Insurance District, in a prestigious and iconic building.
- Full administrative support to maximise your time focused on revenue generation.
To Apply:
Please submit your CV and covering letter by following the application link.
Referral Program (UK only and subject to terms and conditions) – Should you refer a friend and should we successfully place them within 12 months, we will give you a £250 voucher (at the retailer of your choice), so if you know someone that would suit this or other roles on our website please follow the links.
Insurance Brokers - North American (Producers) employer: Nabu Services Limited
Contact Detail:
Nabu Services Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Brokers - North American (Producers)
✨Tip Number 1
Leverage your existing network! Since strong client relationships are crucial for this role, reach out to your contacts in the North American insurance market. Attend industry events and engage with potential clients to showcase your expertise.
✨Tip Number 2
Stay informed about market trends and regulatory changes. This knowledge will not only help you in discussions with clients but also demonstrate your commitment to providing tailored insurance solutions that meet their evolving needs.
✨Tip Number 3
Focus on showcasing your success in business development. Prepare examples of how you've successfully acquired new clients or expanded your book of business in the past, as this will resonate well with the hiring team.
✨Tip Number 4
Highlight your negotiation skills. Be ready to discuss specific instances where you've secured favorable terms for clients, as this is a key aspect of the role and will set you apart from other candidates.
We think you need these skills to ace Insurance Brokers - North American (Producers)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the North American insurance market, especially focusing on your established client relationships and any specific lines of insurance you have worked with, such as Property & Casualty or Fine Art.
Craft a Compelling Cover Letter: In your cover letter, emphasize your motivation for applying and how your skills align with the role. Mention your proven track record in business development and your ability to build strong client relationships.
Showcase Relevant Experience: When detailing your work history, focus on achievements that demonstrate your success in insurance sales and client management. Use metrics where possible to quantify your impact.
Research the Company: Familiarize yourself with the brokerage's values, culture, and recent developments in the North American insurance market. This knowledge will help you tailor your application and prepare for potential interviews.
How to prepare for a job interview at Nabu Services Limited
✨Showcase Your Client Relationships
Highlight your established relationships within the North American insurance market. Be prepared to discuss specific examples of how these connections have led to successful business development.
✨Demonstrate Market Knowledge
Stay informed about current trends and changes in the North American insurance landscape. Discuss recent developments or challenges in the industry that could impact your potential clients.
✨Prepare for Risk Assessment Scenarios
Be ready to explain how you assess client risks and recommend appropriate coverage. Consider bringing case studies or examples from your past experience to illustrate your approach.
✨Emphasize Collaboration Skills
Since the role involves working closely with internal teams, be sure to highlight your teamwork and collaboration skills. Share examples of how you've successfully worked with underwriters, account managers, or claims adjusters in the past.