At a Glance
- Tasks: Manage and grow an international portfolio of Professional Indemnity, Financial Institutions, Directors & Officers, and Cyber Risks.
- Company: Independent Lloyd's Wholesale Broker with a focus on client relationships.
- Benefits: Competitive salary, professional development, and opportunities for networking.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 4-5 years of experience as a Lloyd's Broker with strong relationship-building skills.
- Other info: Opportunity for business travel and mentoring junior team members.
The predicted salary is between 50000 - 70000 £ per year.
An independent Lloyd's Wholesale Broker is now in the market for a Broker, who can play a pivotal part in the management and growth of the current book of business. Within this client and market facing role, you will play an instrumental part in the management and growth of an International portfolio of Professional Indemnity, Financial Institutions, Directors & Officers & Cyber Risks.
Role Responsibilities:
- Manage a portfolio of International PI, FI, D&O & Cyber business, including the presentation, broking, negotiation, and placement of risks into Lloyd's, Company, and MGA markets, both in person and via PPL where appropriate.
- Build and maintain strong client relationships through regular engagement, including meetings and presentations, ensuring a thorough understanding of client requirements and maximising cross-selling and new business opportunities.
- New business production via existing company network, networking and industry events, your own personal network or via a commercially minded/independent approach.
- Work collaboratively with insurers to identify suitable markets and develop effective placement strategies.
- Participate in regular broking meetings, contributing to clear communication and collaboration across the team.
- Support the training and development of junior team members.
- Occasional business travel to maintain healthy relationships with clients/retail brokers.
About You:
- 4-5 years + of experience required as a Lloyd's Broker.
- Experienced in managing and placing International PI, D&O and Cyber Risks.
- Ability to build and maintain client and market relationships.
- Excellent relationship building and communication skills.
Broker - Professional & Financial Lines employer: Nashrock Recruitment
Contact Detail:
Nashrock Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker - Professional & Financial Lines
✨Tip Number 1
Networking is key! Get out there and connect with industry professionals at events or through your existing network. Building relationships can lead to opportunities that aren’t advertised.
✨Tip Number 2
Don’t underestimate the power of a strong online presence. Make sure your LinkedIn profile is up-to-date and showcases your experience in managing International PI, D&O, and Cyber Risks. It’s a great way for potential employers to find you!
✨Tip Number 3
Practice your pitch! When you get the chance to meet clients or potential employers, be ready to clearly articulate your experience and how you can contribute to their growth. Confidence goes a long way!
✨Tip Number 4
Apply through our website! We’re always on the lookout for talented individuals like you. Keep an eye on our job listings and don’t hesitate to reach out if you see something that fits your skills.
We think you need these skills to ace Broker - Professional & Financial Lines
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in managing and placing International PI, D&O, and Cyber Risks. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this Broker role. Mention your experience in building client relationships and any successful negotiation strategies you've employed.
Showcase Your Communication Skills: Since this role involves a lot of client engagement, make sure your written application reflects your excellent communication skills. Keep it clear, concise, and professional, while still showing a bit of your personality!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Nashrock Recruitment
✨Know Your Portfolio Inside Out
Make sure you have a solid understanding of the International PI, FI, D&O, and Cyber business. Be prepared to discuss specific cases or examples from your experience that demonstrate your ability to manage and grow these types of risks.
✨Showcase Your Relationship-Building Skills
Since this role heavily relies on client relationships, think of examples where you've successfully built and maintained strong connections. Be ready to share how you engage with clients and how you’ve maximised cross-selling opportunities in the past.
✨Demonstrate Your Negotiation Prowess
Prepare to discuss your negotiation strategies and experiences. Think about times when you successfully placed risks into Lloyd's or other markets, and be ready to explain your approach to achieving favourable outcomes.
✨Be Ready for Collaborative Scenarios
This role involves working closely with insurers and team members. Prepare examples of how you've contributed to team success in previous roles, especially in broking meetings or collaborative projects. Highlight your communication skills and teamwork.