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For Companies At a Glance
- Tasks: Manage and grow the Construction portfolio, focusing on US & Canadian Risks.
- Company: Join a leading Lloyd's Broker with a strong presence in the London Market.
- Benefits: Earn up to £100,000 plus bonuses and benefits; negotiable for experienced candidates.
- Why this job: Exciting opportunity to build global relationships and work on complex risks.
- Qualifications: Minimum 3 years as a Lloyd's Broker with experience in Construction Risks required.
- Other info: Autonomy to explore new territories and business opportunities.
The predicted salary is between 72000 - 120000 £ per year.
Wholesale Construction Broker
Senior-Level – Up to £150,000 + Attractive Bonus / Benefits
Mid-Level – Up to £100,000 + Attractive Bonus / Benefits
Are you keen to be an integral part of a hugely successful Global Lloyd's Broker, who have seen significant growth during the last few years and are prides as a key player within the London Market Insurance?
This innovative, dynamic and well-established Broker are now seeking a Wholesale Construction Broker to join their growing team, with a current headcount of 10!
Within this client and market facing Broker role (that can be Mid-Level or Senior Level), you will be performing the full spectrum of Broking duties, to assist with the management and growth of a portfolio of Wholesale & Global Construction Risks, biased towards US Clients/Retail Brokers!
Typical duties will include building and maintaining long standing client and market relationships, negotiating terms on behalf of your valued clients, placing complex risks and international business travel (US), as and when required.
The ideal individual has a minimum of 3 years + of experience in working for a Lloyd's Broker, as well as a proven track record of placing Wholesale Construction Risks (ideally with US exposure).
Insurance Broker (Construction) employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Broker (Construction)
✨Tip Number 1
Make sure to leverage your existing network in the construction and insurance sectors. Building strong relationships with retail brokers can significantly enhance your chances of landing this role, as relationship management is key.
✨Tip Number 2
Stay updated on the latest trends and regulations in the US and Canadian construction markets. Demonstrating your knowledge during interviews can set you apart from other candidates and show your commitment to the industry.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully placed complex CAR and EAR risks in the past. Highlighting your experience with these types of risks will showcase your expertise and suitability for the role.
✨Tip Number 4
Be ready to talk about your approach to identifying new business opportunities. Sharing your strategies for growth and client acquisition can demonstrate your proactive mindset and align with the company's goals.
We think you need these skills to ace Insurance Broker (Construction)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Insurance Broker position. Understand the key responsibilities, such as managing relationships with clients and retail broker partners, and placing complex risks.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience as a Lloyd's Broker, particularly in placing Construction Risks. Mention any specific achievements or relationships that demonstrate your capability in this area.
Tailor Your Application: Customize your application materials to reflect the requirements of the role. Use keywords from the job description, such as 'negotiating terms' and 'business travel', to show that you are a perfect fit.
Showcase Your Network: If you have existing relationships with global retail brokers, make sure to mention them. This can set you apart from other candidates and demonstrate your potential value to the company.
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Showcase Your Experience
Make sure to highlight your 3+ years of experience as a Lloyd's Broker. Be prepared to discuss specific examples of how you've successfully placed Construction Risks and managed client relationships.
✨Demonstrate Market Knowledge
Familiarize yourself with the current trends in the US and Canadian construction markets. Being able to discuss recent developments or challenges will show that you are well-informed and ready to contribute.
✨Prepare for Relationship Building
Since the role involves maintaining and growing relationships with clients and retail broker partners, think of strategies you’ve used in the past to build strong connections. Be ready to share these during the interview.
✨Negotiate with Confidence
As negotiation is a key part of the role, practice articulating your negotiation strategies. Be prepared to discuss how you approach negotiations with insurers and what tactics have worked for you in the past.
