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For Companies At a Glance
- Tasks: Secure renewals and explore revenue growth opportunities with clients and markets.
- Company: Join a respected independent wholesale broker team with a collaborative culture.
- Benefits: Competitive salary, bonuses, travel opportunities, and excellent career prospects.
- Other info: Be part of a supportive team that values collaboration and open communication.
- Why this job: Make an impact in a dynamic environment while developing innovative solutions for clients.
- Qualifications: Strong communication skills and existing client relationships are a plus.
The predicted salary is between 50000 - 65000 £ per year.
This is an exciting opportunity for a producing binder broker to join a respected independent wholesale broker team. You will be liaising with International and US based MGA's as well as Wholesale brokers to secure renewals and explore revenue growth opportunities. Our client is looking for someone with solid market and client relationships, with a collaborative but entrepreneurial approach to work. The salary and benefits are competitive, plus there is opportunity to travel, achieve excellent bonuses and future career prospects. If you have existing client relationships, it would be an advantage. The classes are varied.
Job Purpose
Support the implementation of the strategic broking direction of the team. Secure new and existing revenue opportunities. Provide advice to clients and be involved in the development of products and programme design.
Key Accountabilities
- Liaise with existing and new clients to secure renewals and explore new revenue growth opportunities.
- Work in partnership with partners and clients to understand their needs and develop innovative, cost effective solutions.
- Maintain established long-term business relationships with clients and market base.
- Participate in a team collaboration approach to clients and markets to achieve outstanding service and client satisfaction.
- Assist in the development of unique and entrepreneurial approaches to product and programmes to differentiate the client from its competitors.
- Responsible for ensuring client service strategy and client service delivery is continuously reviewed, monitored and evolved to achieve optimal client satisfaction.
- Identify and escalate solutions, enhancement or improvement.
- Be a trusted advisor to clients on all elements of risk management.
- Responsible for ensuring the preparation and production of necessary account and programme documentation is dealt with within a timely manner.
- Involved in the development of targeted marketing approaches to new programmes and products to maximise new business opportunities.
- Establish and maintain strong business relationships with markets, clients and collaborate with colleagues to provide optimal service to clients.
- Negotiate with markets to seek and achieve the most suitable and best possible contract terms on behalf of the client.
- Provide coaching and guidance to team members and share broking expertise and knowledge.
- Participate in the implementation of team and company initiatives and strategies.
- Support and assist in the implementation of strategic plans and goals for the team and Company.
- Ensure compliance and adherence to clients' behaviours, values and regulative requirements, in particular the Tier 1 Conduct Rules.
- Active participation in an inspiring team environment with an open, equal and collaborative communication culture.
Skills and Knowledge
- Strong communication, negotiation and inter-personal skills.
- Ability to be self-disciplined to work alone and as part of a team.
- Show a strong technical understanding of market dynamics and how this impacts on existing and potential clients.
- Ability to analyse and dissect existing (re)insurance arrangements and to offer viable alternatives to the benefit of the client and organisation.
- Considerable knowledge of market and products with an ability to adapt these to client needs.
- Strong presentation abilities.
- Organised and able to prioritise/re-prioritise due to constantly changing circumstances.
Conduct Rules
You must adhere to the following FCA Conduct Rules at all times and notify your line manager immediately of any actual or potential breach of these rules:
- You must act with integrity.
- You must act with due care, skill and diligence.
- You must be open and cooperative with the regulators.
- You must pay due regard to the interests of customers and treat them fairly.
- You must observe proper standards of market conduct.
Salary Package
Very competitive salary and package, based on experience of the individual. Full job description will be provided on request.
Senior Associate (Delegated Authority Broker) Job in London employer: NABUs
Contact Detail:
NABUs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate (Delegated Authority Broker) Job in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Showcase your expertise! Create a portfolio or a personal website where you can highlight your achievements and client relationships. This gives potential employers a taste of what you bring to the table.
✨Tip Number 3
Be proactive in your job search! Don’t just wait for job postings; reach out directly to companies you admire. Express your interest and see if they have any upcoming opportunities.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to get your foot in the door. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Senior Associate (Delegated Authority Broker) Job in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Associate role. Highlight your existing client relationships and any relevant market knowledge to show us you’re the perfect fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us about your entrepreneurial approach and how you’ve successfully secured renewals or explored revenue growth opportunities in the past.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application is clear and engaging. We want to see how you can articulate your ideas and negotiate effectively, so don’t hold back!
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 this exciting opportunity with our team!
How to prepare for a job interview at NABUs
✨Know Your Market
Before the interview, make sure you brush up on your knowledge of market dynamics and trends. Understand how these factors impact clients and be ready to discuss specific examples of how you've navigated these in your previous roles.
✨Showcase Your Relationships
If you have existing client relationships, don’t shy away from mentioning them! Be prepared to talk about how you've maintained and grown these relationships, and how they could benefit the company you're interviewing with.
✨Demonstrate Your Collaborative Spirit
This role emphasises teamwork, so come prepared with examples of how you've successfully collaborated with colleagues or clients in the past. Highlight any innovative solutions that arose from these partnerships to show your entrepreneurial approach.
✨Prepare for Client Scenarios
Think about potential client scenarios you might face in this role. Prepare to discuss how you would approach securing renewals or exploring new revenue opportunities, showcasing your problem-solving skills and client service strategy.