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- Tasks: Manage and advise on Professional Indemnity insurance for diverse clients.
- Company: Join a leading Global Lloyd's Broker with a focus on growth and success.
- Benefits: Enjoy a dynamic work environment with opportunities for professional development.
- Why this job: Be part of a pivotal role that shapes the division's future and client relationships.
- Qualifications: 3+ years in London Market Broking, with expertise in PI or Management Liability Insurance.
- Other info: Collaborate with a team while also having the autonomy to lead your accounts.
The predicted salary is between 48000 - 72000 £ per year.
A brand new position has arisen for a Global Lloyd\’s Broker who are now seeking a PI Broker, within their Professional & Financial Lines Division, focused on miscellaneous clients. This is dual position that involves client and market facing Broker duties, where you will be managing and leading 8-10 high value and complex UK and International miscellaneous accounts, as well as playing a pivotal part of the division\’s growth and success. Role Duties Manage, placing and offering expert advice on Professional Indemnity insurance solutions for wholesale partners in line with the company foundation and client requitements Assist and resolve client enquiries in a timely and professional manner Responsible for the management of client accounts, monitoring renewals whilst ensuring timely invitations and submissions Collaborating effectively with the team of strategic planning and business development initiatives Assisting with market and client presentations Prepare market submissions and liaise with insurers and clients Negotiating with markets and placing risks Attend team meetings sharing ideas, market insights and knowledge with colleagues About You A minimum of 3 years required of London Market Broking experience Experience in PI, D&O or Management Liability Insurance with exposure to miscellaneous clients Excellent relationship building and communication skills Solid negotiation and client facing skills Ability to work independently or as part of a team41bf1e1f-b16b-4260-a40a-17c77a06fd15
PI Broker employer: Nashrock Insurance Recruitment
Contact Detail:
Nashrock Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PI Broker
✨Tip Number 1
Network within the London Market community. Attend industry events, seminars, and conferences to meet potential colleagues and clients. Building relationships can give you an edge in securing a position as a PI Broker.
✨Tip Number 2
Stay updated on the latest trends and changes in Professional Indemnity insurance. Being knowledgeable about current market conditions will help you stand out during interviews and discussions with potential employers.
✨Tip Number 3
Prepare to demonstrate your negotiation skills. Since this role involves negotiating with markets, think of examples from your past experiences where you successfully negotiated terms or resolved conflicts.
✨Tip Number 4
Familiarise yourself with the specific needs of miscellaneous clients. Understanding their unique challenges and how to address them will show potential employers that you are well-prepared for the role.
We think you need these skills to ace PI Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in London Market Broking, particularly in Professional Indemnity insurance. Emphasise your skills in managing high-value accounts and your ability to build relationships with clients.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the requirements of the PI Broker position. Mention your experience with miscellaneous clients and your negotiation skills, and explain how you can contribute to the growth of the division.
Showcase Your Achievements: In both your CV and cover letter, include specific examples of your past successes in broking, such as successful negotiations or client retention rates. This will demonstrate your capability and value to potential employers.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the broking industry.
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Showcase Your Industry Knowledge
Make sure to brush up on the latest trends and developments in Professional Indemnity insurance. Being able to discuss current market conditions and how they affect clients will demonstrate your expertise and commitment to the role.
✨Prepare for Client Scenarios
Think of potential client scenarios you might encounter in this role. Be ready to discuss how you would manage complex accounts and resolve client enquiries, showcasing your problem-solving skills and ability to handle high-value clients.
✨Highlight Your Negotiation Skills
Since negotiation is a key part of the job, prepare examples of past negotiations you've successfully handled. Discuss your approach and the outcomes, as this will illustrate your capability to secure the best terms for clients.
✨Demonstrate Team Collaboration
This role involves working closely with a team, so be prepared to talk about your experience in collaborative environments. Share examples of how you've contributed to team success and how you can bring that same energy to their division.
