At a Glance
- Tasks: Manage and develop a portfolio of Structured Credit Risks for Global Banks.
- Company: Leading Lloyd's Broker known for innovative insurance solutions.
- Benefits: Competitive salary, professional development, and strong career growth opportunities.
- Other info: Collaborative culture with a focus on compliance and market developments.
- Why this job: Join a dynamic team and make a real impact in the London Market Insurance.
- Qualifications: 3+ years in a Lloyd's broker environment with strong client relationship skills.
The predicted salary is between 80000 - 100000 £ per year.
Our client, is a leading Lloyd's Broker, with a proven track record of providing innovative insurance and (re)insurance solutions to their valued clients, prided as a kery-player within the London Market Insurance.
A new position has now arisen within the company's successful Credit & Politcial Risks Division, as an Associate Director, in an all-round dual Account Executive and Broker position.
This exciting opportunity consists of managing and developing a portfolio of Structured Credit Risks on behalf of Global Banks (Financial Institutions), providing expert advice and delivering exceptional client service, maintaining strong insurer relationships, and supporting business growth.
Key Responsibilities
- Manage and service a portfolio of Structured Credit Risks.
- Arrange and negotiate placements with Lloyd's and company market insurers.
- Prepare market submissions, obtain competitive terms and present recommendations to clients.
- Build and maintain strong relationships with clients/banks and underwriters.
- Identify and develop new business opportunities and support account growth.
- Ensure renewals, policy administration and client servicing are delivered efficiently.
- Maintain compliance with FCA regulations, Lloyd's requirements and internal procedures.
- Keep abreast of market developments and provide technical advice where required.
- Working closely with divisional leaders
Experience Required
- A minimum of 3 years + of experience within a Lloyd's broker or London Market environment.
- Solid knowledge of Credit Risks Insurance on behalf of Banks
- Strong client relationship and negotiation skills.
- Commercially minded with excellent communication and organisational abilities.
- DIP or ACII qualified or working towards qualification (desirable).
- Client-focused and commercially driven.
- Strong relationship builder and communicator.
- Proactive, organised and detail-oriented.
- Team player with a professional and collaborative approach.
- #J-18808-Ljbffr
Associate Director (Credit Risks) employer: Nashrock Insurance Recruitment
Nashrock Insurance Recruitment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, the company provides ample opportunities for progression within the insurance sector, particularly in the exciting MEA markets. Employees benefit from competitive salaries and the chance to engage with complex, high-profile risks, making it a rewarding place to build a meaningful career.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director (Credit Risks)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nashrock Insurance Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Director (Credit Risks)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nashrock Insurance Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nashrock Insurance Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nashrock Insurance Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nashrock Insurance Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nashrock Insurance Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
